As the global pandemic gave a pause to almost everything and all the individuals are approaching the solutions with preventive care and measures which are eco- friendly as well as something which is of public interest.
Business owners are looking for new endeavors whereas employees find themselves in traumatic situations when they have to move via public transport, so the solutions to all these problems are the new method of commuting by using E-scooters that are available on a rental basis.
Latest trends on E-scooters
1. Greenlight to E-scooters on the roads of U.K
The E-Scooter rental services have started since the month of July as the British government gave approval to the business with certain rules and regulations that the service provider needs to follow.
Even the department of transport will closely monitor the rental business along with the public approach towards it so that whether to legalize it fully in the near future becomes answerable.
An ecological attempt towards the transit needs of travelers is the demand, especially after this pandemic. Using E-scooters to travel will be a cake pie for all the daily straphangers.
2. The bird couldn’t make it to Eiffel tower
The company- bird which supplies E-scooters on contract basis in the major economies of the world.
The company initially announced that they would open a European hub which will provide employment to 1000 people but did not respond back wisely with the ground reality to the government officials and is now out of the race to get the contract.
Now the government has awarded 2 years of the contract to the companies: Lime, dott and tier mobility to install 5000 scooters in the city and which will create separate parking spaces for 2500 scooters.
3. New launch in the market: Razor
The company which already started the trends of scooters before two decades has divulged new affordable E-scooters. The company is trying hard to generate a massive income from the market with its new models: as the company has already held the reputation of providing the best scooters across the state.
All the models of E-scooters have a top speed of 18mph which is far better than any other scooter. The E-scooters from Razor comes at an affordable price.
How profitable is the E-Scooter business?
Looking at the popularity of scooters over the past few years the business was likely to be at the boom and suddenly the pandemic acted as a fulcrum by generating remarkable revenues within a short period of time as everyone realized what environmental consequences we might face in the near future.
The significant revolution in the mode of transportation is quite incredible and the start-up companies which just entered the market has generated billions within 1-2 year of their business which is something strange and exceptional.
E-scooters are cheaper when compared to riding a bike to work or choosing public transport excluding all the other costs whether its fuel or maintenance.
These scooters are fascinating due to their affordability and efficiency. The business owner working on demand and supply strategy is at the peak as they supplied exactly what the customer wished for. Working on such a strategy makes it more productive.
Business owners must not fear that it is something for a short period of time, the trend of such scooters will get outdated soon after COVID the situation may not be the same and the demand might decline but everyone wants a green environment and these scooters are the best way to help achieve it.
All the things come along with opportunities and obstacles so here are some of them which might interest you before starting a new venture in this industry :
Advantages of E-scooters
1. Extremely Quiet
E-scooters are well prepared in a way that the engine does not make any noise as you must have observed the engines of bikes and cars creates a certain amount of noise, the scooters will be driven silently on roads without disturbing anyone
2. Eco- friendly
The scooters do not bestow towards contamination of harmful gases in the environment. Every individual is dispensing in the direction of a greener environment and ecological spirituality.
3. Time- Saviour
The scooters provide a great deal of time as you don’t have to stand in a queue waiting for public transport. Unfold and fold your scooter and you are ready to go anywhere.
4. Last-mile champion
The structural design allows the scooters to save a lot of time when traffic jams make it difficult to reach a place on time. With scooters, one can just weave through the cars and make a way through the jams.
5. Low Maintenance
Nothing involves in its maintenance other than the cost of buying or the amount you pay as your rent.
Disadvantages of E-scooters:
1. Prolonged wait for the battery
It takes a little long for recharging the batteries, if you own the E-scooter then you must get a good command over the methods of recharging the batteries as you might get late if the things just turn upside down. If you use rental services then it is not your cup of tea, just drive and relax.
2. Low speed
The riders who prefer to drive fast cars and bikes might not be interested in riding a scooter as the speed cannot get compared to that of a car or bikes, scooters might appear as a lame option to them.
These are the two major reasons why an individual might not prefer to ride a scooter. But the advantages supersedes the disadvantages which should be considered by business owners as well as the rental service users.
It can be easily understood that the demand of E-scooters tops the list when it comes to using the ways to travel, looking at the existing demand and making a prediction for the future in this sector a business owner can reap the benefits with just a start-up. The economical strategies and the needs arising in the current market will ultimately boost the capacity of generating ample amounts of money with a little amount of investment.
Vishal Virani is a Founder and CEO of Coruscate Solutions, a leading E Scooter app development company. He enjoys writing about the vital role of mobile apps for different industries, custom web development, and the latest technology trends.