Scooter-sharing company Bird will offer an electric moped in select markets this summer, called the “Cruiser” the first to include a seat. Mopeds can be used like a bike, with the electric motor offering assistance to make pedaling easier, or as a motorcycle with feet on the pegs. The Cruiser features a 52-volt battery that lasts for 50 miles. It has disc brakes, a padded seat, an LCD screen, and is limited to a 30-mph speed. On June 12, Santa Monica-based Bird announced that it would acquire San Francisco-based Scoot. As we reported previously, the electric scooter market is heating up with Harley-Davidson recently launching one. Bird has raised a total of $415 million in funding over five rounds.