Video Does Not Show Electric Scooter Bikes Abandoned in a 'Graveyard' Due to High Cost of Batteries

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Video Does Not Show Electric Scooter Bikes Abandoned in a 'Graveyard' Due to High Cost of Batteries
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🚨 No, this video doesn't show a ton of lined-up electric scooter bikes that were abandoned in a 'graveyard' due to the high cost of EV battery replacement.

of electric scooter bike. The caption for the clip said that it was captured"outside the city of Shenyang." The end of the video showed a stadium with special colors for seating zones.

. Unlike Google Maps, Baidu.com has street-level views of nearby roads. However, this part of our effort wasn't very helpful. It remained unclear if this was the same location where the viral clip was shot.In the end, it was going back to TikTok that helped us find the origins of the video. A search on TikTok for"electric share bike China" brought us tofrom @evstevepan. The video showed the same kind of yellow electric scooter bike with a similar logo.

Mobike is downsizing its fleets to"avoid an oversupply" as the bike-sharing market falters, Meituan's chief financial officer Chen Shaohui said during the earnings call. Ofo has also scaled back by closing down many of its international operations.During its third quarter that ended September 30, Meituan posted a 97.2 percent jump on revenues to 19.1 billion yuan, or $2.75 billion, on the back of strong growth in food delivery transactions.

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