Know top e-scooter manufacturers and things to consider before buying e-scooters for e-scooter rental business
Posted on June 13, 2019 By Rahul Patel
Like Tier which has recently unveiled new modular hardware, don’t fail to appreciate e-scooters. Know top e-scooter manufacturers and things to consider before buying e-scooters.
A number of e-scooter rental companies has intensified the market so miserably that now all e-scooter rental companies are using e-scooters as the marketing asset. They are promoting their services based on how scalable and reliable their e-scooters are than the e-scooters of their competitors.
Though the market is already intensified, there is still room available for new e-scooter rental companies as geographical factors affect the e-scooter rental business on the large scale and because of it, top e-scooter rental companies have misfired opportunities to dominate the global market or even the market of a continent.
However, they are performing really well in the local market. They are also spending huge to satisfy hardware requirements, software requirements, and legal requirements.
In this blog, we will study how putting emphasis on hardware requirement will make you the only choice of users. We will also discuss the things you need to ruminate before buying e-scooters to start an e-scooter rental business and who are the top manufacturers of e-scooters.
Which factors have encouraged e-scooter rental companies to pay extra heed at hardware requirements?
There was a time when e-scooter rental companies were barely ready to talk about their e-scooters. Their robust and next-gen mobile apps were overshadowing the most important hardware which is e-scooters. Users and governments were also not considering the importance of e-scooters while utilizing an e-scooter rental company’s service or while issuing the operational license to e-scooter rental companies. But with the expansion of the e-scooter rental business, more hardware and software limitations of this most profitable business have popped out.
» Safety of the riders
An e-scooter is, beyond a doubt, cleaner and faster mode of city transportation. But many reputed media houses have documented the possible ways an e-scooter and its rider can put the safety of pedestrians in danger. In recent years, the number of e-scooter riders who get involved in accidents has increased. According to the Consumer Report, at least 1500 people across the USA have been injured in the accidents related to an e-scooter since late 2017. That report also unveiled the reasons why a tiny e-scooter causes a surprising number of injuries. One of the reasons which we are interested in is the inappropriate design of the e-scooter. All initial e-scooters of the top e-scooter rental companies were designed without conducting landscape survey and user survey. As a result, the streets of San Francisco city were crammed with those kinds of e-scooters which couldn’t offer reliability and safety while riding on the steep roads of San Francisco city.
» Legal Norms
Since e-scooter rental companies failed to offer safety and reliability to the riders and pedestrians, the government of different countries has canceled the operational license of many e-scooter rental companies. They even closed doors for any new e-scooter rental company to operate the business. Thus, to keep running their highly profitable business, it became an urgency for e-scooter rental companies to upgrade their e-scooters.
» Less profit per-e-scooter
If you have read our previous blog on the economics of the e-scooter rental business, you may know the fact that in the e-scooter rental business, profit is calculated per-e-scooter. So to maximize the overall profit, an e-scooter rental company has to make sure that the operating cost of an e-scooter is minimum. But, the first generation of e-scooters was so mechanically fragile and insufficient that e-scooter rental companies had to spend huge on maintenance.
Recently, Europe’s top e-scooter rental company Tier which has completed 2 million rides, has rolled out new modular hardware to increase the usability and unit economics of its services. They have started the production of a new generation of e-scooter via their strategic partner Okai which is shaping high quality electric and gasoline scooters. Previously, Tier was using Segway Ninebot ES2 and ES4 e-scooters for its operational. Tier’s new hardware is equipped with improved suspension, brakes, tires, and most importantly, improved battery. With this new hardware acquisition, they can now plan to keep an e-scooter in the business operation for at least 12 months.
In the next section of this blog, we will discuss the things which you need to consider while buying a fleet of e-scooters.
Things you need to ruminate before buying e-scooters.
An e-scooter is the most important resource of your e-scooter rental business. It is costly too. Thus, understanding the legal norms, user requirements and cost to buy the fleet of e-scooters is very crucial.
Following are a few things which you need to consider before buying the e-scooters.
» Types of e-scooter
For your e-scooter rental business, you can either select smart e-scooters or conventional e-scooters (kick scooter). Smart e-scooters are those e-scooters which come with inbuilt IoT controller that controls the IoT functionality of the e-scooters. While in the case of conventional e-scooters, IoT controllers are needed to install separately as it doesn’t come with inbuilt IoT controller. For the sake of saving a few bucks, you may end up choosing conventional e-scooters, but make sure you purchase customizable IoT controllers. Also, discuss with your hired e-scooter app development company about the types of e-scooters as most of the e-scooter app development companies unlike Coruscate Solutions, don’t know the ways to customize and then install IoT controllers in the conventional e-scooters.
» IoT integration
The fundamental technology on which e-scooter app works is the IoT technology. It establishes the connection between e-scooters and e-scooter mobile app. With IoT technology, location, battery, and damage level of the e-scooter become trackable and so, you can run the e-scooter rental business efficiently. Thus, spend some more time to perceive the IoT integration compatibility of smart e-scooters and even IoT controllers.
» Legal Norms
As we have discussed, governments have imposed many rules on e-scooter rental companies regarding hardware quality. So, to keep yourself away from the legal battles, study the government rules and regulations of those locations where you want to operate your e-scooter rental business.
Now, in the last section of this blog, we will get to know top manufacturers of e-scooters.
Approach these top e-scooter manufacturers for the best possible quote
Coruscate Solutions is not just an e-scooter app development company, but we are the strategic partner of your business. We assist you to craft the profitable business model and to choose the reliable and scalable e-scooters at the affordable price. Following are the few e-scooter manufacturers with whom we have already shared words.
Omni is the Singapore-based e-scooter manufacturing company which is not only offering e-scooters but also offering seated e-scooters. They have fused the seated functionality of the bicycle with a powerful motor of e-scooters for the ultimate comfort.
Segway is the early player in the e-scooter market. They have developed the first electric personal transporter in 2001. Currently, Segway is offering a wide range of e-scooters. Most popular e-scooter of the Segway, ES1, is having a range of 25 km and a max speed of 20 Km/h.
Unlike Segway and Omni, Oxelo is the conventional e-scooter provider. With their patented EASYFOLD system, e-scooters can be carried easily. Moreover, their e-scooter is cost-friendly and it can be easily integrated with IoT controllers.
Swagtron is a USA-based company which is providing both electric e-scooters and kick scooters. They are also assembling electric bikes and hoverboards.
How Coruscate can help you to develop an e-scooter mobile app and to select the fleet of e-scooters?
Coruscate is top e-scooter app development company which has hired dedicated IoT engineers to integrate IoT technologies and to install IoT controllers in the e-scooters. Our team of developers and designers develop an e-scooter app in such a way that you can dominate the market in no time. We also allow you to host the whole IT infrastructure of your e-scooter rental business on our servers. Our customized pricing module will surely help you to save a few bucks. To know more about the e-scooter app features and cost of development, visit our e-scooter app development page. We also provide a demo and free consultation. So, feel free to ask for it.
May 24, 2019
Zomato Accquired eBikeGo for food deliveries : Know market opportunities of the e-scooter rental business and how to build e scooter app like eBikeGo
Know market opportunities of the e-scooter rental business and how to build e scooter rental app like eBikeGo which will now provide e-scooters to Zomato for food delivery E-scooter rental …
Posted by Ankit Virani
May 30, 2019
An intensified European e-scooter market has still room for new companies. Know how to develop e-scooter app like Dott which is 4th ranked most popular e-scooter rental app in Europe
Europe is the gold mine for e-scooter rental companies. Because of its e-scooter-friendly urban infrastructure and its people who believe in environmental sustainability, an e-scooter rental company doesn’t find a …
Posted by Vishal Virani
April 26, 2019
E-scooter sharing app development: there is no looking back in 2019 with the rise of TIER Scooter Sharing
Scooters do face some challenges but surely they are not even close to creating the problems that the cars have created. The biggest push factor for the growth is the …
Posted by Dikshita Dudhat
June 4, 2019
Flash re-brands as Circ: know how to develop an e-scooter app like Flash (Circ) which has completed 1 million rides in just 135 days.
If an e-scooter rental company Flash Which re-brands as ‘Circ’ has clocked up 1 million rides in just 135 days of its initial launch, we must have to dig out …
Posted by Vishal Virani
May 21, 2019
6 exhaustive steps to plan and design the infrastructure of your e-scooter rental business
An e-scooter sharing business is proliferating like never before. All major cities are adopting the affordable, scalable, efficient, and clean solution of urban mobility. Commuters and the government comprehend the …
Posted by Vishal Virani
May 21, 2019
Uber IPO couldn’t raise the expected amount – Just being a brand is not the enough – Things you should keep in mind to start your own taxi booking business
Uber commenced below its IPO price on Friday but they ended up at a lower price which was more than 7% less. The valuation was even below $80 billion. Uber …
Posted by Dikshita Dudhat