Scooter-Sharing Industry Economics
- Operating a scooter-sharing service is a lucrative venture. The industry experiences a 30% profit margin on rides.
- Companies earn through user fees – a $1 unlock charge and 10-20 cents per minute. If used for three 30-minute rides daily, operators earn up to $20 per scooter.
Environmental Impact and Profitability
- E-scooters emit fewer pollutants than traditional vehicles, making them an environmentally friendly transportation option.
- E-scooters help in making cities cleaner and healthier by reducing emissions.
Market Growth and Earnings
- The global e-scooter market is projected to grow from $15 billion to over $31 billion by 2028.
- Venture capital firms have invested over $900 million in scooter companies since 2017 to capitalize on this fast-growing market.
- Pro scooter riders can earn between $20,000 to over $100,000 annually, depending on various factors such as skill and sponsorships.