A few days before Christmas, the city’s Department of Transportation & Infrastructure made an announcement that directly impacts the way Denver residents and visitors get around on a daily basis.
In a first-of-its-kind decision for a major city the size of Denver, DOTI decided to award an exclusive contract award to Veo, a small, shared mobility company with no experience in Colorado that provides e-bikes and e-scooters for short-term rental. If this decision stands, the contract will effectively grant Veo a monopoly over all shared mobility options in the city, replacing Bird and Lime, which have operated here for the last several years.
Why did DOTI make this unexpected move to go solo with Veo when, by its own account, it has one of the most successful and equitable programs in the world?…