How To Start an Electric Scooter Business?

'Skyrocketing Global Fuel Prices Threaten Livelihoods and Social Stability'' NewYork Times, July .

With competitive price and timely delivery, XDAO sincerely hope to be your supplier and partner.

It is not just the headline of the article published in the New York Times; it has lots of meaning to everybody. In response to the rapid rise in fuel prices, people are looking for alternatives. On the other side, governments are looking for ways by which they can reduce fuel consumption to restrict carbon emissions to save the environment.  

What do you think is the best option available for all of us where we can reduce our fuel costs, including an eco-friendly lifestyle?

The best answer is electric vehicles, but again there is a question- Which one is the most suitable option for all?

A perfect answer to this question is ' Electric Scooter or E Scooter.

Public transport is going through a rapid change nowadays, where electric vehicles are replacing fuel-based vehicles. What do you think is the reason? Why electric scooters are gaining popularity?

One of the top reasons is its eco-friendliness. Electric scooters run on batteries, so there is no need to burn fuel to drive them. Another reason for their popularity is that you can take them wherever you like. However, these devices are built to cover short distances. But these are the saviors that can save you from traffic jams and the money you spend on fuel. 

The most significant cause behind introducing e-scooters is overcoming the fuel price difficulty, where negligible carbon emission occurs as the most crucial advantage. Due to the high rise in electric two-wheelers, electric scooter businesses are blooming and helping people commute effectively.

The involvement of e-scooters in our life is a rapid change, and these are trending now. Some scooter-sharing apps like Bird, Lime, Spin, Tier, and others are providing micro-mobility solutions to a more extensive audience base.

So, by keeping all these things in mind, here, we have created a complete guide to start an electric scooter business. The motivation behind creating this guide is to help the interested ones to form an electric scooter business. Here we will also cover the points that will reveal how much it will cost to start an escooter business with the help of a mobile application.   

This guide will take you through all the related aspects. If you are planning on starting a electric scooter business, then it is a great idea. There might be questions in your mind while thinking about starting an electric scooter business like:

1. How much does it cost to start an escooter business?
2. Is the electric scooter business profitable?
3. How to get electric scooter franchise?
4. How much do electric scooter owners make?
5. How much does it cost to build an escooter app?

You will get answers to all these questions, and we have tried to make the guide interesting so you can have the right idea to start the electric scooter business at the right time. Besides the scooters, you can also think about e-bikes and all.

But one thing is for sure that e-scooters or electric scooters are the most popular vehicles nowadays as they are very easy to handle and maintain. Everyone can ride on it very quickly.

What is the Electric Scooter Business?

This question has lots of meaning to you as you are looking to start an electric scooter business and its starting cost. There are two ways of doing it; one is that you can start selling e-scooters to people, but it requires a huge investment.

Electric scooters have been around for a long time, but their growth is still increasing. They are extremely useful and can be considered a good investment. They are convenient for commuters because they are very fast and have high maneuverability.

As the electric scooter business grows, so do the opportunities for those who are looking to get involved. Whether you're looking to start your own electric scooter business or invest in an existing one, you should keep a few things in mind.

First and foremost, the electric scooter business is still in its infancy, so there is much room for growth. The e-vehicle industry is expected to continue to grow at a rapid pace, so now is a great time to get involved.

As with any new industry, you may face a few challenges along the way. In this reference, electric scooters are still relatively new in the market, which can be expensive to buy and maintain.

Additionally, there is a lack of infrastructure in many areas, which can make it difficult to find a place to charge your scooters. So, the best & cost-effective idea is to start an escooter rental business.

Despite these challenges, the electric scooter business is an excellent opportunity for those looking to get involved in a growing industry. With a bit of research and planning, you can be on your way to success in this rapidly growing field.

Why Choose the Electric Scooter Business?

Before we reach a revelation about- Why you should choose electric scooter business? Look at the stats that we have mentioned here. These are taken from best market survey sites such as Statista, and from other authentic sources.

• Including the electric vehicle sale, there is a huge demand for escooter sharing app (s). That allows businesses to earn by renting their escooter for some specific time. Its segment (escooter sharing) is expected to reach $ million by (CAGR -26 15.42%).  
• Another interesting fact about escooter/electric scooter sharing is that, by , the number of users will be expected to be 124.8 million.  
• By , electric scooter sharing's 100% revenue will be generated via online sales. That makes the escooter rental business one of the profitable ones.
• By , electric two-wheeler sales are expected to be more than 55 million USD. That makes it a motivation for individuals who are looking to start an electric scooter business.

There are several advantages to starting an electric scooter business on a real-ground basis. You can understand it as the urban cities are growing in area and population. There is an ample need for seamless transportation, which is environmentally friendly and easy to maintain.

From the traffic point of view, the users find it very easy to overcome the issues such as traffic jams, unnecessary delta, etc. while commuting from one point to another, parking troubles, and many more. One of the best things that attracts the users is they can choose their route from turn to turn or street to street. You can quickly drive it in a crowded market.

By starting the business, you can cater to the demand of a large population and participate in the growth of smart cities. From the investment point of view, you can start your business within $50k, including an electric scooter fleet and a mobile app that a user can use easily. There are several electric scooter manufacturers in the USA. From them, you can buy multiple electric scooters for business.

Some of the top manufacturers in the USA are:

1. Razor E90
2. Ninebot ES2
3. Swagtron-5
4. Glion Dolly
5. Hover-1 Eagle
6. Micro Merlin
7. Mi e-scooter pro
8. Mercane Wide Wheel Pro '

And so on.

The next step is you can take help from a mobile application development company that can provide you with the right resources to build and launch your escooter sharing app.

The Rise of Worldwide E-Scooters Market Over the Years

This section is dedicated to the rise of the Global e-scooter market over the years. The point is the environment is alarming us about the pollution we have created for our comforts, such as carbon emission, plastic footprint, use of toxic chemicals for agriculture, and more.

From the air pollution point of view, carbon emissions have dangerous environmental effects, and the consequences will be more hazardous in the future. That is a top reason behind the rise of the Global escooter market over the years and the rapid growth in the electric scooter business or escooter app development.

The best way to have great insight into electric scooter market growth is to look at the following stats we have gathered from reporting and analytics sites such as Grand View Research, Polaris Market Research, Global News Wire, Meticulous Research, Fortune Business Insight, Statista, and more. 

• Global escooter market revenue in was $18.6 billion, estimated to reach 20.78 billion in with a compound annual growth rate of 7.8%, 2022-. 

Reasons behind increasing stats are rapidly growing demand for fuel consumption, concern about reducing greenhouse gasses, and the requirement to decrease carbon emissions. In this manner, Hero electric scooters are doing better than any other option.

• Especially if we talk about the USA, then in , the electric scooter market was $1.3 billion, which raised $1.4 billion in .

The scooter-sharing business came into existence in , and the rest of the history is in front of the world.

• E-scooter sharing users are expected to surpass 124.8 million worldwide by , and the average revenue per user(ARPU) is expected to be $20.60 by .

The experts also reported that in escooter sharing, 100% of revenue will be generated via online sales by .

• In , most revenue will be generated by USA e-scooter sharing users, which is $615.80 million.

If we go in terms of brands, Bird and Lime are counted as unicorns of the escooter industry. Both are providing escooter sharing services and promoting micro mobility in a real-time sense.

• Bird's revenue in the first quarter of is $38 million, with an increase of 48%, which was $25.7 in the first quarter of .
• Currently, Lime's estimated annual revenue is $169.1 million. They are dealing in two products; one is an electric scooter, and another is an e-bike. Their mobile app is counted as one of the leading apps in the escooter sharing segment.

These stats indicate a positive direction regarding the growth of the worldwide electric scooter sharing market. The regions such as the Americas, Asia Pacific, Europe, Middle East & Africa are potential markets for starting an electric scooter business.

One of the leading news websites, GlobalNewsWire, reported that the global e-scooter market will be worth $38.88 billion by (CAGR 8.82). Although it is based on their individual research, it is believable as no one can deny it.

While you search about how to start an electric scooter business, you may find many stats about the global market growth. For example, there is another research site called Meticulous Research. It is claiming shocking stats. It says that-

• By , the electric scooter market is projected to reach $644.5 billion at a CAGR of 29.4% and the forecast period is -.

Have you found one thing common in all that there is huge growth in the e-scooter market and its business? So, if you are looking at it as a great business opportunity, then you are on the right path.

How Much Does It Cost to Setup Escooter Business?

There is plentiful need for scooter-sharing solutions and locations where people can find the vehicle for their ride with all available options. So, to facilitate the users, there is a need for investment to start an electric scooter business.

Let's see the cost breakdown of how it works.

1. Software Development Cost

There is tough competition outside, so you need software & systems that can help you to grow your business. It will save your time in many aspects. It includes hosting services, marketing tools, communication tools, social media tools, mobile application development tools & others. So, here maximum investment for software is approx. $-$.

2. Office Space Cost

It is up to you whether you want to set up the office or not. If you have limited funds, then you can start it from your garage, and it will be a big cost saving. But if you want to set up office space, then it will cost you around $5,000-$6,000.

3. Inventory Cost

Including the escooter rental business, if you want to sell the goods, then for better livestock management, you need an inventory that will cost you around $-$ approx.

4. Mobile App Development Cost

Launching a mobile app is such a brighter idea for any business, so the same is applied to the escooter business. If you want to know the cost to develop an app like Lime, then it may cost you around $10,000-$20,000.

5. Website Development Cost

Having an escooter sharing app is a good idea, but the inclusion of a website is a much better idea than this; it will help you to do your business promotion seamlessly. For the same, you can hire a website development company. Excluding the hiring cost for web hosting and domain name registration, you need the minimum amount of $500-$600.

Note: The hiring cost of web developers depends upon your requirements.

6. Advertising & Marketing Cost

Brand promotion is much needed in this competitive world, so the cost is also involved here. The investment for branding can cost you around $-$ approx.

So based on all factors mentioned above average cost to setup escooter business will be $30,000 initially. The rest of the things depend on the current conditions of the market, which is far better than the thoughts.

For more interesting points about this guide cum blog about e-scooter rental business service, move to the upcoming section about the benefits of the escooter business.

What Are the Benefits of The Electric Scooter business?

While many people think of the electric scooter business as a way to get around town, there are actually many benefits to owning one. In addition to the environmental friendliness of electric scooters, they don't emit any greenhouse gases, so they can help to reduce pollution levels. Moreover, they are also cheaper to operate and maintain than petrol scooters

People love to ride on e-scooters, and these devices are gaining rapid popularity. You can leverage this trend by offering a unique experience with your e-scooter ride-sharing services, where the returns will be higher than your expectations. 

Let's check what the potential benefits of starting an electric scooter business are!

1. Quick Start with Business

Once you have made your fleet, you can start with an e-scooter sharing app developed with the help of an escooter application development company. The experts will not only  help you to develop your e scooter sharing app based on your specific requirements also to launch and maintain your app for seamless experience.  

2. Market Popularity

One of the amazing facts is that in , 8% of two-wheelers will be scooters, and the advantages you already know are that there is no fuel cost associated with it, and driving is easy. Electric scooters have a huge craze, especially in the USA, United Kingdom, and other big countries.

Escooter market worth in following countries are:

• The USA $200-$300 billion
• Europe $100-$150
• China's $30-$50 billion

By , worldwide escooter users will be 124.8 million, indicating its popularity.

From the revenue point of view, it is one of the advantageous businesses that you can run with the help of escooter devices and a mobile app. As a business owner, you will find it very easy to maintain the vehicle. There is less cost associated with it. From the costing point of view, you can start it with $20k-$30k approx.

3. Ecologically Sustainable

Worldwide, governments are achieving micro mobility with the help of scooters, where one of the biggest advantages is reduced carbon emission and downgrading fossil fuel consumption.

If your question is ' Are electric scooters sustainable?

The answer is yes, and no one can deny it as it is totally based on electric charging and does not produce any carbon footprints. Multiple times it has been proved that electric scooters do not produce CO2 and other polluting chemicals.

So, suppose you are going to start an electric scooter business. In that case, it will be your contribution to society and the environment. On the other hand, you will help the government to regulate their environmental policies and overcome transportation challenges. 

4. Growing Environment Awareness

By starting your escooter sharing business, you can grow awareness about the environment in public. When people see that electric scooter services are available in their area effectively, they will definitely choose it as a pocket-friendly commuting option. It takes a few bucks to rent an escooter from moving one point to another with ease.

In the USA, the escooter rent is around $1-$2/minute. For example, Bird and Lime charge $1.15/ per minute to rent a scooter, which is an affordable price. Everyone can rent a scooter via escooter apps. It works like they just need to scan the QR code, pay the amount and get ready for the ride.

5. Comparatively Lower Maintenance Cost

In terms of maintenance, escooter maintenance is so much easier and cost-effective compared to the vehicles that run on fuel. The maintenance cost of escooter comes around hardly $2-$10 initially, which includes repairing or battery charging.

Using combustion engine vehicles, you need to take care of the engine, engine oil, brake oil, carburetor, clutch, brake pads, and other parts. So, there is a heavy maintenance cost. On the other hand, in escooters, you need to take care of battery life and braking. That can be happened by investing the cost up to $5-$10 initially.

6. High Profitability

The escooter business is booming. It has a very high potential for growth. There are many reasons for this boom in the escooter business. The demand for this fun-loving machine is high. Many people like to ride on a scooter.

In business terms, it is a business that you can start with low investment where high profit or return is guaranteed. The best idea to start an electric scooter business is to launch an escooter sharing app like Lime or Bird that offers multiple options for scooter rental. 

7. Cost Effective

The price of these machines is low because they are designed to be able to do just about everything that you can imagine doing with a bike or a skateboard.

The electric scooter sharing business is cost-effective in all terms. For example, it helps people save money on transportation and contribute to the protection of the environment. For an e-scooter sharing business owner, it is very easy to maintain the fleet.

A good strategy will help you do everything you need to attract more users and make more money. As a business owner, you can take the help of social media platforms to promote your business with less cost.

8. High Business Scalability

E-scooters are becoming more and more popular. They are fun and convenient to use, but they also have a lot of benefits. Companies like Uber, Lyft, etc., provide a service that allows people to hire e-scooters for short rides from their office or home to the nearest point of interest. But there is no need for these people to pay for the e-scooter themselves.

You can leverage this trend to make your escooter or electric scooter business scalable. First, you need to start your business and then identify the area where you can promote and expand your business. With low investment, anyone can do it, making escooter business highly scalable.

9. Easily Accessible

The scooters are easily accessible, which is one of the biggest reasons behind their popularity. If we talk about the user's point of view, users need to install only a mobile app that allows them to scan the QR code at the android or windows kiosk for payment and booking the ride.

From a businessperson's point of view, you do not need to be concerned about physical arrangements except by setting up a point where a user can approach renting the scooter. The system will be on click on your handheld device. You can choose the platform on which you want to launch your app. You can go with Android application development or iPhone app development.

10. Unlimited Income Potential

The best part of starting an electric scooter business is that there is no 'income limit'. You can earn as much as possible. For example, an app like Bird is operating in 30 countries and continues the expansion of its service. Although your starting will be from one area, you can take it to millions of customers due to high scalability.

11. Time Saver

For initiating the escooter rental business, you only need to invest your time in marketing and brand promotion instead of setting up an ample space, office interior, arranging a team, and other infrastructural facilities. You only need a space where you can showcase your fleet and a mobile app to provide the facility to the users. So, they can come there to scan from their mobile and take the scooter on the rent after payment.

12. Fitness Oriented

After reading the heading of this point, a question might come to your mind ' Is riding an electric scooter can keep me fit?

Then the answer is- Yes. But how?

It works as a rider; you need to balance the escooter on any turn or bumpy roads. It would help if you stabled on it while riding. So, the efforts you put into it will improve your back strength.

Although, as a business owner, you have to manage the escooter sharing business, indirectly, you are promoting health practices. You can promote it as that an escooter is good for health as well as for the pocket as well. 

13. Low App Maintenance Cost

Many businesses are running on a maintenance model. But e-scooter sharing businesses don't need to apply changes to their app for months or years at a time. It is because they have an infrastructure that is always running and ready to be used.

The fuel-consuming vehicle business is forced to spend hours trying to fix problems with their software as well as the machinery, which they can never find in the first place. They also cannot afford the cost of upgrading their systems as they will lose revenue if things go wrong with them.

14. License Free

The escooter business is one of the most popular and fastest growing industries. It is a very fast-growing industry, and there are millions of people that use the service in their daily lives. If you are looking to start an electric scooter business, you will be surprised that it is a license-free business.

You only need to take nominal permission via casual formalities with the government. There is no life threat in using scooters, so there is no licensing required. Even school kids can enjoy the ride.

15. Easily Parkable

Due to the exponentially rising crowd in bigger cities, parking is a big concern of citizens as well as governments. Here an escooter comes as a great savior. Suppose you have an e-scooter, then you need a very little space to park it.

In simple terms, in the area of five cycle parking, you can put ten escooters. So, there is not any issue. You can provide escooter sharing services with less than a shop space.

16. Quickly Chargeable

A scooter is a vehicle designed to be charged from an external source, usually a battery. Electric scooters are quickly becoming popular among urban riders who want to reduce their carbon footprint and have the convenience of having a personal vehicle for everyday use.

These devices are significantly more efficient than the internal combustion engine-powered versions, which must be refueled frequently. It takes a few bucks to charge with the electricity. So, within less amount, you can charge your whole fleet.

What are the Business Models of Electric scooter business?

In the beginning, electric scooters were a niche market. They were used by people who wanted to get from point A to point B more cheaply and efficiently than a regular car. But as time went on, electric scooters found their way into the mainstream. They have become a common sight in cities and suburbs across the world.

Nowadays, the electric scooter business is booming and has made quite an impact on many industries. The biggest ones are, of course, the automobile industry. As escooters are in demand, people want more and better options that you can also cater to.

The best idea is to choose a business model. Including it, you can also take the help of an on demand app development company to build an app based on your business model and requirements.

So, let's check out what are the escooter business models available that you can consider for your business.

1. Rent-Based Model

The rent-based model is one of the best business models to start an electric scooter business. It is becoming increasingly popular as cities look for new and innovative ways to provide transportation options for their residents.

One of the main benefits of the e-scooter rental business model is that it can help to reduce traffic congestion in cities. This is because people are able to use e-scooters to get around without having to use their cars. This can help to reduce the number of cars on the road, which can help to reduce traffic congestion.

Another benefit of the e-scooter rental business model is that it can help to reduce pollution in cities. This is because e-scooters do not produce any emissions, so they are much more environmentally friendly than cars. By reducing the amount of pollution in cities, e-scooter rental businesses can help to make cities cleaner and healthier places to live.

It is a unique and innovative way to provide transportation options for cities. If you're looking for a new and exciting business venture, then an e-scooter rental business may be right for you.

2. Subscription-Based Model

The subscription-based escooter business model is also a fantastic way to generate revenue. It is a model where users or individuals can subscribe to use an electric scooter on a recurring basis, usually monthly or annually.

As a business owner, you can provide a better user experience of services. You can offer them various subscription packages so they can choose accordingly.

If we talk about affordability, an eScooter subscription-based model is much more affordable than traditional transportation methods such as cars or taxis. With an eScooter, users only need to pay for what they use, and there are no additional costs such as petrol or parking fees.

In terms of convenience, then it is super convenient. With an eScooter, you can ride through traffic and avoid the hassle of public transport.

3. Demand-Based Model

Demand-based model or on-demand-based model is dependent on the mobile app. The users can book their rides via the app you have launched with the help of an escooter app development company. This model offers super flexibility to the users to choose what they want.

One of the best real-life examples is Uber Electric Scooters. It is a US-based e-scooter app and is considered one of the successful demand-based escooter business models. It put its first step in the escooter business in . For using its devices, it takes $1 to unlock, and ride charges are $0.15 to $0.30 per minute.

Challenges And Opportunities of Escooter Business

While the electric scooter business has many benefits, there are also some drawbacks. One of the biggest problems with electric scooters is that they can be challenging to find. Unlike fuel scooters, which are available at several places, electric scooters are only available at a few locations. This can make it difficult to find an electric scooter when you need one.

Despite the drawbacks, electric scooters offer many benefits that make them a great choice for many people. If you are looking for a way to save money and help the environment, an electric scooter may be the right choice for you.

Although there are challenges associated with the escooter business, it is a rapidly growing segment. As per a study done by Boston Consulting Group, by electric scooter market will reach $50 billion, and consumer usage will be 50% in the USA and Europe.

For more information, please visit white electric scooter.

Let's explore the challenges and opportunities to have a better insight.

Challenge 1: Limited Range

After charging the battery fully, an escooter can go a maximum of up to 100 kilometers in standard conditions. It is one of the drawbacks compared to petrol scooters. On the side, it is not a full-time convenience that you can use as a replacement for the combustion engine vehicle.

Opportunity- Continuous Improvement

Although efforts are going on to make it better and developing high-performing escooters that can cover a big range of distance is in continuous progress. If all is good, then very soon they can replace the traditional transportation.

Challenge 2: Poor Satisfaction of Early Adopters

The early adopters of escooters ended up with poor-quality Chinese vehicles available back in . So, as a business owner, your biggest task is to convince them back that escooters are available with much better quality compared to their previous versions.

Opportunity ' New Versions Are Heart Winning

New versions of electric scooters are winning the hearts of users. They are coming up with better build and stability, better battery quality, and other specifications the users are becoming overwhelmed with. You can leverage this trend for business.

Challenge 3: A Limited Legality

There are some regions in which driving e-scooters are illegal. In one article published on STEWARTS, electric scooters are legally prohibited on public roads. There are trial areas where you can drive these only. It is one of the biggest challenges if you are looking to start an electric scooter business in the UK. There may be more areas where the legal availability of these devices is limited. 

Opportunity- Bring the Change

You can bring the change to the areas where e-scooters are legally limited, but they are planning to revoke the ban or increase the limit in the future. After identifying those areas, you can offer scooter rental solutions with permission and try to convince the authority that it is the most suitable option for all, such as people and the environment.

Challenge 4: Uncertainty

The electric scooter market is rising, but there is uncertainty also exists. In the study, BCG revealed that in only 15% of users were using escooters; that was raised up to 36% by . By the market will be $50 billion. The challenge is still considerable consumer demand is not fulfilled now. There is doubt whether it will replace the current transportation practice or not.

Opportunity- A Solution Can Clear the Smog

If you are able to identify the area where you can start escooter sharing services, then you will be the one who conquered the peak there as a leading escooter rental service provider. Year by Year, you can increase your revenue by creating trust. You can hire mobile app developers to develop an escooter sharing app and launch it for more benefit of you and your users.

Challenge 5: Short Life Span of Device

The life span of the escooter device is 3-4 months and after this particular time, they started downgrading and ended at scarp as multiple users use these accordingly. So, it is the biggest challenge for a business owner to maintain it in the longer run. On the other hand, battery life is also a big concern due to multiple time charging.

Opportunity- Improved Latest Devices

The latest devices are improved and promising. They are providing great results. With trust, you can make a fleet of the latest device for your business. Compared to the earlier devices, escooters are working better up to six months or later with improved battery and hardware.

Challenge 6: Having A Place in The List of Top E-scooter Market Contributors

 In the worldwide market, there are some brands such as Lime (net worth: $510 million), Bird (net worth: $597 billion), Spin (total funding amount $8 million) already in the market, and others are progressing rapidly. Initially, it is very tough to beat the competition.

Opportunity- Chances Are Everywhere

If you are an electric scooter sharing startup, then it does not mean that you can't make it on the list of escooter rental business companies. There are ample chances for growth; only you need to find a way with your strategy.

How to Start an Electric Scooter Business?

If you are looking about how to start an electric scooter business and how much does it cost? Then you are on the right path. By following some crucial steps, you can start owning an escooter rental business or escooter sharing business. So, let's check out what these are.

Step 1: Appropriate Planning to Start Escooter Rental Business

If you want to reach a leading position, then at the starting phase, it would be much better to create a foolproof plan by keeping all aspects such as scalability and sustainability in mind.

The better idea to make a plan is to conduct extensive competitor research, market trends & stats, and rules and regulation of the country where you are living or going to launch the business.

While planning, you need to find out the answers to the following questions:

• How much does it cost to start an escooter business?
• Who are the targeted customers of the escooter rental business?
• How does an electric scooter business generate revenue?
• How can I make my escooter business profitable?

Step 2: Form A Legal Entity

To do business in a legal way, you need to make your business legal. It is your choice that you want to go with the options such as sole proprietorship, partnership, limited liability company (LLC), and corporation. Making your business a legal entity will save you from any legal difficulty.

Step 3: Register For Taxes and Open Legal Bank Account

Different countries follow different tax laws, so you need to register accordingly. You need to obtain an EIN Number to start the business. It is essential for state and federal taxes law. Your next move will be opening up a company's legal bank account, including a credit card, for the protection of personal assets.

Step 4: Obtain Permits

To do business in a legal way, you need to obtain the permit(s) from the authority. Different states or countries have different rules. It would be better to check it with local authorities. You can also search regulations over the internet via accessing official web portals.

Step 5: Choose Business Model

After doing all the formalities with authorities, the next step is to choose a business model. Although we have already mentioned the business model in this blog. But again, here we are sharing the types of business models that you can choose from accordingly.

• Rent-Based Model: A user can take an escooter on rent.
• Subscription-Based Model: A user can subscribe escooter ride-sharing service for one month or two or can choose a subscription plan for more than that. 
• On-demand Based Model: A user can take a scooter for rent with the help of a mobile app.

Step 6: Identify The Area of Services

Now, the next step is to identify the area where you can launch your electric scooter business. As per the expert's advice, initially, you should choose the locality where limited options are available. There you will get ample opportunities to promote your business.

Step 7: Collaborate With Electric Scooter Manufacturers or Suppliers

For starting an electric scooter business, you need two things, one is an escooter sharing mobile appand other is escooters. You can build escooter app with the help of a mobile or software development company, but for devices, it would be best to collaborate with escooter manufacturers so you can buy scooters in bulk at an optimized price.

Step 8: Make Your Spot

Now the next step is making a spot from there; a user can rent the scooter. The best part is that there is no need for bigger space. You can start it with a neighboring place such as a bus or metro station. There you can find more customers.  

Step 9: Branding & Promotion

Now you are on the final step to starting your business which is branding and promotion. The better idea for branding and promotion is using the help of digital marketing services or social media channels where you can spread the launching or news of your brand with ease.  

Referring to some real-life examples is always beneficial, so in the upcoming section of this blog, here we have arranged information on top-five electric scooter famous apps or brands. So, let's proceed.

Top 5 Famous Electric Scooter Apps

Here are the top-5 escooter sharing apps which are famous worldwide. You can consider these as a great reference.

1. BIRD

It is a leading escooter sharing service provider company and an app that has nearly 4 million rides. Bird escooter's products are Ride on, BirdBikeShare, Bird Three, BirdBike, and Birdair(you can shop it from the site).

Details:

• Annual Revenue: $175M per year
• Headquarter: Los Angeles, CA, USA
• Total Funding: $833 Million  

2. LIME

Here comes another leading brand, and that is Lime. It is one of the largest electric scooter vehicles sharing companies and has a mission to build futuristic transportation that is affordable, shareable, and carbon-free. It has offered more than 11.5 million E-scooters to date.

Details:

• Annual Revenue: $169.1M per year
• Headquarters: San Francisco, CA, USA
• Total Funding: $1.5 Billion  

3. SPIN

Spin electric scooter is also a legendary brand that has a presence in more than 70+ campuses and cities globally. They have planned to attain carbon negative by . Their working principle is based on accessibility, affordability, and sustainability.

Details:

• Annual Revenue: $81.4M per year
• Headquarters: San Francisco, CA, USA
• Total Funding: $8 Million  

4. TIER

Tier is also a fantastic electric scooter sharing app, and its tagline is ' Change Mobility for Good. It is one of the biggest micromobility solution providers, and people use its app for taking escooter on the rent.

Details:

• Annual Revenue: $226.3M per year
• Headquarters: Berlin, Germany
• Total Funding: $660 Million (in equity)  

5. WIND

Wind Mobility is one of the premium brands that offer escooter sharing services. They claim that a user will get a superpower scooter for Ride to zoom through the city. Their specialty is carbon -neutral operations, swappable battery, and durability.

Details:

• Annual Revenue: $11.2M per year
• Headquarters: Barcelona, Spain
• Total Funding: $72 Million

These top-five apps are such an inspirational model for all individuals who want to start an electric scooter business. Now, move to one of the most important sections of this blog, which is all about the setup cost. Here you will find the answer to how much it cost to start an electric scooter business.

Conclusion

We have mentioned all the key aspects in this blog for you that are needed when you are thinking of starting an E-scooter business. If we go to the point, then the transportation industry is in a rapidly progressing phase, and the whole world's eyes are on electric vehicles.

Everyone is now keen to find a replacement for fuel-oriented vehicles as prices are surging day by day. That is the main concern of everyone. On the other hand, if we want to save the earth, then we have to be carbon negative as soon as possible. Here escooters occur as a great option.

There is a huge craze among users about escooters sharing apps, especially youngsters and teenagers have gone gaga over it. These apps help people commute better without any burden on their pockets, where refraining from traffic jams is the best advantage.

To create the best user experience, it is recommended to take the help of experts. So, the perfect way is to hire dedicated developers which are known for their expertise to develop high-quality apps or software.

You or anyone can leverage this trend to set up an escooter rental business to have great growth ahead. It is the business that promises more return than investment. We hope, this blog will work as a useful guide that can help you to start an electric scooter business.

FAQs

To get clarity about the essentials of starting an escooter business, you need to get through these below FAQs. Have a look-

1. How to start an electric scooter business?

   For starting an electric scooter business, you need to follow some key steps, which are:
   
   1. Idea generation
   2. Market research
   3. Competitor research
   4. Planning & strategy
   5. Collaboration with escooter manufacturers
   6. Escooter app development
   7. Branding & promotion

2. Do You Need a License for An Electric Scooter?

   No, there is no license required to drive an escooter, but if you are looking to start the business of electric scooters, then you need to perform some formalities and take permissions as per compliance and law.

3. How Do I Get My E-Scooter License?

   Usually, e-scooters do not fall under the category of motor vehicles, so there is no need for a license. Still, if you want it, then you can check it on the official sites of your state authorities.

4. Are Electric Scooters in Demand?

   Yes, there is a huge demand for electric scooters worldwide. You will be shocked to know that by , the number of escooter users will be 128 million, and near around half of the population will use an electric vehicle.

5. Is E-Scooter Business Profitable?

   Yes, the escooter business is profitable in all terms. You can have a great return with a low investment. Although things also depend on a business model that you have chosen, such as rent based model, subscription-based model, and demand-based model. The key factors that can influence revenue are maintenance costs, charging costs, marketing, customer support, and more.

6. How Much Does It Cost to Start a Escooter Business?

   The cost to start an electric scooter business depends on your requirements. However, you can start from $10,000 initially, where the maximum can go up to $50,000. The rest of the things depend on your fleet size and version of a mobile app (basic or advanced).

7. How Much Does an Electric Scooter Franchise Cost?

   Overall electric scooter franchise cost depends on the size of your business. You can take a franchise under the investment of $10,000-$15,000 initially, and it can go more than $50k if you want to start with a bigger fleet of electric scooters.

What does your commute currently look like? A long, slow, expensive journey pressed into a stranger's sweaty armpit? Wouldn't you rather be whizzing along a bike lane or weaving through traffic to get to work on time?

Of course you would, because it's not just about getting from point A to B anymore; it's about enjoying the commute and doing it in style. Which is why you need a lightweight electric scooter. Dodging through traffic, the breeze against your face, and that little buzz of excitement as you weave past congested streets, this dream is within easy reach.

Now imagine a scooter that's so light you can carry it up a flight of stairs without breaking a sweat, yet robust enough to handle your daily commute with ease. This is where the magic of lightweight electric scooters comes in. They're a blend of convenience, fun, and practicality ' something we all need in our busy lives.

In this article, we're diving into:

• Why a lightweight electric scooter is your new best friend in city travel
• A friendly showdown: comparing some of the top scooters you've probably eyed
• The Unagi Model ' it's more than just the best lightweight electric scooter; it's a statement

So, grab your helmet, and let's roll into the world of lightweight electric scooters. We're going to explore why these nifty light machines might just be the coolest thing to happen to city travel.

The rise of electric scooters

Electric scooters aren't just a fad; they're a full-blown movement. Picture your city five years ago. The roads were a jumble of cars, buses, and the odd brave cyclist. Fast forward to today, and there's a new player in town: sleek, silent, and oh-so-convenient electric scooters.

But what's behind this surge? Well, it's a mix of technology meeting necessity. As our cities grow more crowded, getting around quickly and efficiently is more important than ever. Portable electric scooters offer just that ' a nimble way to navigate through the concrete jungle, minus the hassle of traffic jams and the hunt for parking spaces.

That's not all:

• Eco-friendly alternative: In an era where climate change is a hot topic,

  electric scooters are a green thumbs-up

  . Zero emissions, folks!
• Tech-savvy appeal: With intuitive controls and smart features, these scooters are a hit with the tech-savvy crowd.
• Fitness with fun: While they're not a full workout,

  scooters do get you moving

  more than sitting in a car. Bonus points for fun!

So, who's riding these scooters? Everyone from business execs to students, artists to techies. It's not just a way to get around; it's a lifestyle choice ' a statement of how you choose to interact with your city.

But before we get into why you need a lightweight electric scooter, what actually is one?

What is a lightweight electric scooter?

Well, roughly speaking, an electric scooter will be classed as 'light weight' depending on its ease of portability and handling. Light weight scooters generally fall between 15 to 30 pounds (the Unagi Model One Voyager clocks it at 29.6lbs, for example), and with a one click fold, it's particularly appealing for urban commuters and those looking for a practical, easy-to-carry transportation solution.

Advantages of lightweight electric scooters

Ever tried lugging a heavy scooter onto a crowded train or up a flight of stairs? Not fun, right? That's where lightweight electric scooters come into their own. They're like the Swiss Army knife of urban transport ' compact, efficient, and surprisingly powerful:

• Portability: Imagine a scooter so light you can fold it up and tuck it under a café table or carry it onto public transport without breaking a sweat. That's the beauty of lightweight scooters. They're the epitome of convenience, making them perfect for the urban explorer.

• No more parking woes

  : With a lightweight scooter, the world is your parking space. Slide it under your desk, in a locker, or beside your feet on the bus. It's freedom from the endless circling for a parking spot, and hey, no parking fees either!
• Ease of use: These scooters aren't just about ease of carrying; they're a breeze to ride too. Maneuver through tight spaces, glide along bike lanes, and enjoy the simplicity of a vehicle that's designed for ease and comfort.
• Foldable stems: One of the standout features of the best lightweight electric scooters is their foldable stems. This functionality of a foldable electric scooter allows for quick and easy folding, transforming the scooter into a compact size, making it simple to transition between riding and carrying, adding a layer of convenience to your daily commute.
• Affordable: Many lightweight electric scooters come at an affordable price point too. Just take the Unagi Model One which could be yours for just $39 per month (more on this later). This makes them an accessible option if you're looking to avoid the high costs associated with owning a car or relying on daily public transport. The economic benefit extends beyond the purchase price, as electric scooters also tend to have lower maintenance costs compared to other modes of transportation.

But it's not just about practicality. There's a certain joy in scooting down the street, the wind in your face, and a feeling of lightness. It's like being a kid again, but this time you're beating the traffic and doing your bit for the environment.

Are there any disadvantages to a lightweight electric scooter

To make a fair comparison, we have to admit that there are a couple of disadvantages to lightweight electric scooters. For example, there are reports that some of the lightest electric scooters can't carry as much weight.

If you're planning on moving groceries around the neighborhood with your new ride, or have a heavy tool bag that you need to carry with you on your commute, this could pose a problem.

So if you're an adrenaline junkie who likes to go fast or particularly far, then a larger heavier scooter with a larger heavier battery pack might well be a better choice of model for you.

But a much larger percentage of electric scooter riders are looking for a lightweight electric scooter suitable for commuting, aka a commuter scooter.

Finally, lighter scooters aren't generally built for rough terrain or particularly steep hills (although our E500 model with dual motors can climb steep hills with relative ease). If these are issues that persist in your area then bear in mind that not all light scooters will work for your specific needs.

In fact, it's best to check the motor power of any models of lighter electric scooters that have already come into your consideration, whether you have steep hills to climb or not.

Key features to consider when buying a lightweight electric scooter

When it comes to choosing the lightest electric scooter, unfortunately not all electric scooters are created equal. And finding the right one for you isn't just about picking the coolest looking one (though that's definitely a factor). It's about what's under the hood ' or in this case, under the deck.

Here's the lowdown on what to look for:

Battery life and range

How far can you go on a single charge? This is a biggie. You don't want to run out of juice mid-commute. The Unagi Model One, for example, is known for its efficient battery life. It can cover about 15.5 miles on a single charge, which is ideal for daily urban commutes. Its battery is engineered for efficiency, offering a perfect blend of performance and portability.

The Unagi Model Voyager steps up the game with an even more robust battery life, suitable for longer commutes or extended rides without the worry of frequent recharging. Remember, battery capacity often impacts the electric scooter weight, so balance is key. The best electric scooter no offers a balance between battery life and weight.

Speed and performance

How fast do you want to go? Check the top speed and see if it matches your comfort level and local regulations. But it's not all about speed; consider the scooter's ability to climb hills, especially if you live in a hilly area.

Known for its impressive acceleration and top speed of up to 17 mph, the Unagi Model One is more than capable of handling city commuting and moderate inclines, making it a versatile choice for diverse urban landscapes.

With a slightly higher top speed and enhanced torque, the Voyager, on the other hand, is designed to effortlessly tackle hills and provide a consistently powerful ride, ensuring both speed and stability.

Durability and maintenance

Look for a scooter built to last ' sturdy frame, quality materials, and solid construction. And consider the maintenance aspect. Are the tires air-filled or solid? Air-filled tires may offer a smoother ride, but they can puncture. Solid tires are maintenance-free but might be less forgiving on bumpy roads.

The Unagi Model One's frame is crafted from lightweight yet durable materials like aluminum and carbon fiber, offering longevity with minimal maintenance. It uses solid rubber tires which eliminate the concern of punctures, making it a practical choice for everyday use.

Similarly, the Voyager is built with durability in mind, featuring a robust frame and maintenance-free solid tires, ensuring it can withstand the rigors of daily use without frequent upkeep.

Safety first

Check for features like effective brakes, lights for visibility, and a stable riding platform. Safety isn't just a feature; it's a necessity, especially in urban environments. Safety is a top priority with the Model One, equipped with an efficient dual braking system and bright LED lights for visibility. Its stable riding platform adds to the safety, especially at higher speeds.

The Voyager also boasts superior braking systems and enhanced lighting for safe nighttime rides. Its design emphasizes rider safety, ensuring a secure and controlled experience.

Comparative analysis: Unagi Model One and Voyager vs. other lightweight top models

Let's put our money where our mouth is and put some top models to the test and see how they stack up against each other. It's time for a friendly scooter showdown!

Unagi Model One vs. Xiaomi Mi M365

• Battery and range: While both models offer similar ranges, the Unagi Model One boasts a more efficient battery management system, ensuring consistent performance.
• Portability: The Model One is lighter and more portable than the Mi M365, making it a more convenient option for mixed commuting.
• Design and build: Unagi's sleek design and premium materials give it an edge in aesthetics and durability over the Mi M365's more utilitarian build.

Unagi Model Voyager vs. Segway Ninebot MAX

• Performance: The Voyager excels in speed and torque compared to the Ninebot MAX, making it a better choice for hilly areas.
• Comfort: While the Ninebot MAX offers a slightly more comfortable ride with its larger tires, the Voyager's design compensates with superior build quality and ergonomics.
• Technology: The Voyager's advanced features, such as its intuitive display and controls, outshine the Ninebot MAX's more basic offerings.

Unagi Model One vs. Fluid Freeride Mosquito:

• Portability: Both scooters excel in portability, but the Unagi Model One is slightly lighter and more compact, making it easier to carry and store.
• Performance: While the Mosquito boasts a higher top speed, the Model One offers a smoother acceleration curve, making it more suited for varied urban commuting.
• Design and build quality: The Unagi Model One stands out with its premium materials and sleek design, compared to the Mosquito's more functional aesthetic.

Unagi Model Voyager vs. Turboant X7 Pro:

• Battery life and range: The Voyager has a slight edge in battery performance, offering a longer range on a single charge compared to the X7 Pro.
• Ride comfort: The X7 Pro's air-filled tires provide a slightly more comfortable ride on bumpy roads, while the Voyager compensates with its robust build and stability.
• User experience: The Voyager's intuitive interface and advanced features provide a more user-friendly experience compared to the more basic setup of the X7 Pro.

Unagi vs. Apollo City Pro:

• Speed and hill climbing: The Apollo City Pro is a strong competitor in terms of speed and hill-climbing capabilities, but the Voyager matches or surpasses it in these areas while also offering a more premium feel.
• Durability: Both the Unagi models and Apollo City Pro are built to last, but the Unagi scooters edge out with their unique combination of aluminum and carbon fiber materials.
• Technology and features: The Unagi models boast more advanced technological integrations, making them stand out against the Apollo City Pro in terms of innovation.

Essentially, in a face-off against models like the Fluid Freeride Mosquito, Turboant X7 Pro, and Apollo City Pro, the Unagi Model One and Voyager consistently demonstrate their superiority in terms of design, technology, and overall user experience. While each model has its unique strengths, the Unagi scooters come out top for the best lightweight electric scooter, providing an unmatched blend of style, performance, and innovation in the lightweight electric scooter market.

Sure, we're slightly biassed, the Unagi Model is our baby after all; let's put further spotlight on the Unagi Model and share why we love this electric scooter so much.

Spotlight on the ultra lightweight Unagi electric scooter

The Unagi Model isn't just an electric scooter; it's a statement. It caters to riders who seek more than just a mode of transportation ' it's for those who value design, performance, and a superior riding experience. In a market crowded with options, the Unagi Model carves out its niche as a top-tier choice for discerning urban commuters.

A design that turns heads

Picture this: You're gliding down the street on a scooter that looks like it's straight out of a sci-fi movie. The Unagi Model isn't just built; it's crafted. With its sleek lines, premium materials like carbon fiber, and a futuristic aesthetic, this scooter doesn't just take you places ' it takes you there in style.

And when it's time to hop on the train or walk into a café, its seamless folding mechanism transforms it into a compact, carry-able companion in seconds.

Performance that matches your pace

Now, let's talk speed and agility. The Unagi Model isn't just about looking good; it's about feeling good. With a smooth acceleration that responds to your touch, and a top speed that's just right for weaving through urban landscapes, you're in for a ride that's as exhilarating as it is efficient.

Each journey becomes an adventure, whether it's the daily commute or a weekend exploration. The range? Enough to keep your day moving without missing a beat. It's not just about getting you there; it's about the joy of the journey.

An experience tailored to you

Imagine a cockpit that feels intuitive from the moment you step on. Controls that are a breeze to use, a display that's as clear as day, and a comfort that makes you feel like the scooter was made just for you.

Safety isn't an afterthought here. It's a priority. Bright lights to guide your way, a braking system that you can trust, and a stability that gives you the confidence to ride, day or night.

Why settle for ordinary?

In a world where electric scooters are everywhere, the Unagi Model stands out. While the Mosquito and X7 Pro might excel in their lanes, the Unagi Model is in a league of its own. This scooter isn't about just getting you from A to B; it's about how you feel on that journey, and it makes every ride an experience.

Making the right choice: Selecting your ideal lightweight electric scooter

So, you're convinced that a lightweight electric scooter is the way to go, but how do you pick the one that's perfect for you? Here's a little guide to help you navigate this decision:

Identify your needs: Are you looking for a scooter primarily for quick commutes, leisurely rides, or versatile urban travel? For instance, if your commute involves public transport, the ultra-portable Unagi Model might be your best bet. Need something for longer commutes? A model with a longer range, like the Unagi Voyager, might suit you better.

Balance features with budget: Determine which features are non-negotiable for you. Is it speed, range, or durability? Maybe it's the ease of folding and carrying the scooter. While it's tempting to go for the cheapest option, investing in a quality scooter like the Unagi can save you more in the long run in terms of durability and maintenance.

Test ride if possible: If you have the opportunity, take a few models for a test ride. Pay attention to how each scooter handles, accelerates, and brakes. How comfortable do you feel while riding it?

Read reviews and user experiences: There's a wealth of information in user reviews and testimonials. Find out what others are saying about their experiences with models like the Unagi or other scooters you're considering.

Safety and legality: Ensure the scooter has reliable brakes, lights, and a stable riding platform. The safety aspect cannot be overstated. Finally, check your local laws regarding electric scooters. This includes speed limits, helmet laws, and where you can legally ride them.

Remember, the right scooter for you is one that not only ticks all the boxes in terms of features but also feels right. It's an extension of your personality and lifestyle. Whether it's the sleek Unagi Model for the style-conscious urbanite or a model that prioritizes range and comfort, your choice should reflect your personal needs and how you want to experience your city.

Conclusion: Your journey awaits with the Unagi All-Access Subscription

Why just dream about having your very own lightweight electric scooter when you can live it? This is where the Unagi All-Access Scooter Subscription comes into play ' your golden ticket to the freedom and excitement that awaits on the urban roads. No hefty upfront costs, no maintenance worries. Just pure, unadulterated joy of riding, anytime you want.

Here's the deal: For an affordable monthly fee from as little as $39 per month, you get an award-winning luxury scooter with no long-term commitment, covering repairs and theft''. This is your chance to join a community of like-minded urban adventurers, to make every commute an adventure and every ride a story worth telling. Don't like it? The flexible model of the subscription allows you to cancel anytime, making it a hassle-free option for those who prefer not to own the scooter outright.

So, what are you waiting for? It's time to embrace the future of urban mobility. Sign up for the Unagi all-access scooter subscription today and transform your daily commute into a daily adventure. No strings attached, just the open road and a lightweight electric scooter that understands you, ready to take on the city together.

Join the Unagi movement today. Subscribe, ride, and never look back. Your city, your rules, your Unagi.

If you want to learn more, please visit our website when were electric bikes invented.