Common Challenges before you start your e-scooter business

With the rising price of petrol and diesel, people are switching towards electronic vehicles as it helps them to save a lot of money and time, most importantly it is environment-friendly. Its process is owed to the specific qualities and offerings it provides to its users and environment as well. If you are having an idea to develop an e-scooter app for your business and explore the best mobile app development companies in California to get detailed information and drawback of business then you are at the right place.

This blog from the top mobile app development company in California i.e. B2C Info Solutions brings you some key challenges that you should keep in mind.

So without further ado, it let’s start.

Challenges and opportunities for electric scooter

A promising yet uncertain market

There is still a possibility of the growth of the said market due to many factors. One of the market opportunities for such a short-range of transportation is that e-scoters are still seen as a viable option. However, irrespective of such remarkable achievements, the chances of mass adoption of e-scooters as one of the primary modes for on-demand mobility still seem to be a challenge.

Higher profits are still to be “a doubt”

Besides the overall potential of profitability of this market, the unit economics is still something that makes e-scooter cry. It ripples down to the quantity and capability of the first generation of vehicles.

The average lifespan of an e-scooter is only 3 months. This is a major drawback and it continuously diminishes their durability. Still, besides the e-scooter, a company makes take nearly four months to break even an investment.

Being a major contributor to the market can be challenging

Given the popularity of this domain; there are major several players like Yulu that are already dominating the market. For the fact, a dozen e-scooter startups had already attracted funding in billions. Some recent funding bagged the companies includes $30 million in series. With so many known names in the market, it would become very difficult for any startup that had already attracted so many fundings that too in billions. So starting a business from scratch in this domain can be very risky.

Steps to be followed

There are certain steps that are given by many android app Development Company in California and iOS app Development Company in California. Firstly, the daily operations of the electronic scooter rental business have to be optimized and well maintained. For example maintaining, charging, and relocating process is a major operational expense. Second, come, the durability issues and about which we had already talked about above.

This is it for e-scooter however, if you have any queries or questions regarding the same then you can connect with us at info@b2cinfosolutions.com.