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Written by JPLoft Solutions » Updated on: November 19th, 2024
The world is heading in the direction of sustainable development, and the emergence of electronic vehicles is considered a big transforming step towards it. Nowadays, Electric scooters or e-scooters are the most preferable option for people who want to run errands in a limited area. An experienced e-scooter app development company can help you enter this eco-friendly industry. It should be credited for popularizing EVs and ridesharing apps.
Mobile app development companies have developed electric vehicle-sharing apps like Bird, Lime, Goat, Bolt, etc., that are successfully offering rental services to people at affordable costs. These apps have made e-scooter rides accessible and enjoyable for ordinary people. This article will introduce you to the different aspects of the e-scooter sharing app.
For the last couple of years, climate change has become a serious topic for discussion, which led to the rise of the eScooter sharing app. Entrepreneurs took advantage of the availability of internet facilities and introduced the concept of EV-sharing apps. These apps offer shared mobility services and are available for short-term sharing purposes. E-scooter rental stations are often dockless, which means they can be picked up and dropped off from a particular location in the service area. However, e-scooter app development is similar to bike sharing or car sharing but with low-cost prices. Here are some immediate concerns that are resolved with this facility:
Fuel economy
Reduced rate of CO2 emissions
Ease in urban congestion
Solving parking problems
To learn about the e-scooter app development industry, we have gathered the current statistics of the market.
The revenue of the e-scooter sharing app market is predicted to reach $1813 million in 2023
The market size is expected to expand with a CAGR of 18.8% from 2022 to 2028.
There should be around 124.8 million users in the e-scooter rental business market in 2026.
Currently, user penetration is at 1% and is expected to reach 1.7% in 2027.
By 2026, 100% of the revenue in the E-scooter-sharing market will be accounted for by online sales.
Following are some significant reasons you should consider investing in e-scooter rental app development:
Greenhouse gas emissions from automobiles are the leading cause of global warming, and organizations are taking various measures to control this dangerous issue. With increasing environmental awareness, people make intelligent choices by choosing EVs over other vehicles to support sustainable development. Thus, the popularity of E Scooter apps has skyrocketed due to their environmentally friendly nature.
If you start an e-scooter app rental or sharing service, then it can be a very profitable business because you can charge an individual based on time and distance. And anyone with a smartphone can leverage this convenient service.
It is a one-time investment plan that will benefit you in the long run. You only need to invest your money in the initial stages, such as buying scooters and, secondarily, hiring a team of E-Scooter app developers. But after this, the maintenance cost is low compared to fuel vehicles.
People prefer e-scooters to run errands in close areas as they are not only fast but also convenient. E Scooters are a suitable choice for the public for several reasons. For instance, they reduce the stress of finding parking spaces, avoiding traffic jams, and being accessible with ease.
The government is also supporting these vehicles and has reduced the registration fees and road tax on the purchase of electric vehicles.
An electric scooter rental model could apply various business models.
The pay-per-ride business model allows customers to pay a particular amount to get access to the e-scooter they use. The costs are based on the distance travelled or the time they are using their electric scooter in coincidence with their usage.
The e-scooter application allows users to create unique subscription plans. It is a good choice for people who choose e-scooter as their preferred mode of transportation. You can take a certain number of rides in a month or week depending on your plan. It increases user loyalty and the company's retention rate.
You can provide the advertising space to the other brands in your e-scooter application. This may help you generate a good amount of revenue. This can include any kind of advertisement including creative ads banners and other ads sponsored by local businesses.
The e-scooter apps also provide the business with the opportunity to boost the value and cater for the demands within the application. This could open a new revenue stream for your ride-sharing app. Geo-fencing within a particular zone or charging Increasing parking fees might encourage riders to restrict their motorcycle use to specific areas.
You can also make your app partner with local establishments and offer discounts or specials to riders at your partner places. This benefits both the app and local businesses.
The e-scooter app lets users buy accessories or other products that are related to e-scooters or ride-sharing.
Connecting with the various parking establishments offers innovative electric scooters, and easy parking options that can generate extra revenues from fees.
Renting or booking an escooter using an app for a ride nearby is not only convenient but also affordable. Here are the three major steps that conclude the working of the e scooter app:
The first and foremost step is to download the app and create your account. You can register via contact number, email or directly via social media accounts. After that, you must complete the registration process in the app.
Open the app and, with the help of interactive maps, locate the nearby e-scooter available. Unlock it by scanning the QR code. The app will track your ride, and then it will calculate the fare accordingly.
The e-scooter will be locked again after the payment until the next ride picks it up.
The market for apps that let users share electric scooters is continuously growing and expanding. Prior to initiating e-scooter sharing services, official authorization is required. People still need to be educated on how to use it, so it's crucial to provide them the right advice on all safety precautions. One major obstacle facing this sector is the dearth of charging stations.
E-scooter sharing is a lucrative business sector that has revolutionized the automotive or transportation industries, despite certain difficulties. Numerous tech-driven businesses, ranging from Fortune 500 firms to startups, are investing in this market, and the government is also heavily endorsing this initiative. People are becoming more fond of e-scooter sharing apps as EVs lessen noise and air pollution.
The time has come to contribute to e-scooter app development and join the sustainable development movement. It is best to choose an established e-scooter app development company that provides a variety of e-scooter app development solutions and has a staff of knowledgeable tech specialists with extensive experience that can integrate both basic and sophisticated features into your sharing app.
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