Thursday, December 15, 2022

Top Electric Scooter Rental Sharing Companies in 2022




With the eScooter market expected to grow and reach around $41.98 Billion by 2030, it's the right time for electric scooter rental

companies to add their name to the list. To help you understand the market and
start, we have listed top eScooter companies with which you can partner or
follow its footprints to achieve success.

 

The electric scooters market reached around USD 19.4 billion in 2020. The global market is
projected to reach around 7% CAGR between 2021 and 2028. The growing demand for
vehicles is coupled with increasing concerns over carbon emissions and
greenhouse gas; it's anticipated to drive the adoption of eScooter over the
forecasted period.

 

The
eScooters are the ecological and profitable subset of the online commutation
industry. It delivers a return value that is more elevated than other business
models operating in the domain. Electric scooter companies can enjoy various
opportunities by choosing to enter the domain.

 

Top Electric Scooter Ride Sharing Companies to Consider in 2022

The
revenue in the E-Scooter market is estimated to reach around $1,752 million in 2022. Revenue is
projected to grow by 13.30% CAGR, resulting in a project market volume of
$2,888m by 2026. However, the eScooter sharing users are predicted to reach
around 25.4m by 2026.

 

The
electric scooters are all over Europe, the US, Santa Monica, San Diego, and
Washington DC. The primary question is, how are they supported, where did they
come from, and how do the urban communities cherish or disdain them? Which are
top electric scooter rental companies to grab success in the market. We have
discussed each factor of the blooming e-scooter domain.

 

The
electric scooter is the future of daily commutes such as attending colleges,
offices, tuition, activity classes, and more on a big campus. Students have recognized
the affordable way to get around the city. Let's discuss the top e scooter
companies right away.

 

Bird – Electric Scooter Rental Company

Founded
by Travis VanderZanden in 2017, Bird is a
micro-mobility company based in Santa Monica, California. The electric scooter
rental company operates in more than 100 cities in North America, Europe, and
the Middle East. Bird has offered 10 million rides in its first year of
operation.

 

In the
Series A round, Bird raised $15 million led by Craft Ventures, followed by a
Series B round or $100 million, led by Valor Equity Partners and Index Ventures. The venture
round for $150 million from Sequoia Capital made the company the fastest one to
reach the $1 billion "unicorn" valuation. Bird raised around $300 million in 2018 and increased the company valuation to $2 billion.

 

Bird acquired Berlin-based scooter company Circ in 2020. Bird has also planned to launch in Austin after
the approval of the "dockless" bike-share pilot program in 2020. The
company has halted operations in a few European and US cities.

 

Lime – Electric Scooter and Bike Rentals

Neutron
Holdings, Inc. operates an electric scooter and bike rental business under the
name Lime, known
as LimeBike. Based in San Francisco, USA, Lime is one of the top e scooter
companies that run electric bikes, scooters, mopeds, pedal bikes, and
car-sharing in different cities globally. The system provides dockless vehicles
that users search and unlock through an app that knows the location of
available vehicles through GPS.

 

Founded
in 2017 by Toby Sun and Brad Bao, LimeBike raised US$12 million in venture funding led by Andreessen Horowitz. The company
launched 125 bicycles in 2017. Lime raised more than $335 million and teamed up with Uber. The company has established itself
internationally by launching in Madrid and launching electric scooters in the
Spanish capital. The electric scooter rental company has around 3 million rides
of scooters and bikes by the people.

 

Ofo – Smart Bike Sharing

Founded
in 2014 by Peking University cycling club members as a project that focused on
bicycle tourism before launching bicycle sharing. The Beijing-based
bicycle-sharing company Ofo uses a
dockless system with a mobile app to locate and unlock nearby bicycles. The
company charges rates on an hourly basis; it has around 10 million bicycles in
more than 20 countries and 250 cities.

 

Ofo was
valued at US$2 billion and had more than 62.7 million monthly active users. Ofo has successfully raised US$130
million in funding from tech firms Didi Chuxing and Xiaomi in 2016, allowing it
to grow outside China. A Series D funding round in 2017, led by Russian
investor Digital Sky Technologies and Didi Chuxing, raised US$450 million for
Ofo and was valued at $1 billion. Ofo has experienced a massive reduction in
operations, and due to unpayable debt, the company has stopped operating in
bike rental from 2020.

 

Spin – Ride Your Way

Founded
in 2016 by Euwyn Poon, Zaizhuang Cheng, and Derrick Ko, Spin is an
electric scooter-sharing and bicycle-sharing company owned by the Ford Motor
Company. Skinny Labs Inc announced it's hoping to bring Chinese-style dock-less
bicycle sharing to the US.

 

In May,
Spin successfully raised $8 million in Series A venture capital financing led by Grishin Robotics.
Later Spin launched in California as a part of a national rollout. Based in San
Francisco, Spin was launched as a dockless bicycle-sharing system controlled by
an app for reservations.

 

Skip - Scooter Rental App


Launched
by Boosted Boards, Skip is a
dockless electric scooter startup. Based in San Francisco, Skip has raised more
than $6 million in funding with top strategies. Led by Initialized Capital via
Ronny Conway's A Capital and Alexis Ohanian (Reddit co-founder) with SV
Angel".

 

The
company has planned to operate in Portland under a pilot program that aims to
gauge how the controversial form of micro-transportation will fit in different
cities. The commuters are required to download the Skip app on their mobile to
find the scooter that is available nearest to them as well as scan QR code to
unlock the E-scooter, and they're good to go. Users are allowed to book
eScooters in advance using advanced features of the app.

 

Wind Mobility – Smart Electric Scooter Sharing


Barcelona
and Berlin-based micro-mobility company Wind Mobility was started by Eric Wang in 2017. The company is dedicated to
providing safe, fun, and convenient last-mile transportation. Wind Mobility is
one of the top electric scooter companies; it has raised around $22 million in seed funding, giving competition to Bird and Lime. The
company has successfully raised around $50 million in Series A funding,
existing investors backed the funding, bringing total funding to reach around
$72M.

 

Scoot – Scooter Rental

Founded
in 2011 by Michael Keating, Scoot Networks is an American company that provides
public bicycle sharing and eclectic rental systems. Scoot is
based in San Francisco, California that offers an electric vehicle rentals
service through a smart app. Scoot expanded its fleet to 400 in 2015 with the
addition of cargo scooters from German manufacturer GOVECS. The company has
accumulated around 1,000,000 miles of riding in 2016

 

In
2017, the company indicated plans to expand to additional cities beyond San
Francisco. In 2018 the company expanded to Barcelona with 500 electric
motorbikes and additional bike-sharing services with 1000 electric bikes. In
2019, after providing thousands of riders with millions of riders, Scoot was acquired by Bird. The electric scooter
company became a wholly-owned
subsidiary of Bird.

 

Goat – Dockless E-scooter Service

Goat is a
dockless electric scooter company that is providing its service in urban areas.
It reduces parking woes, traffic, and enables people to have improved
experiences in their cities. It's a perfect solution for identifiable and
modern-day transportation requirements. The company is working to make
effective and environmentally friendly changes.

 

Recently
Goat has launched its service in Austin after receiving official permits from the transportation
department for its pilot program. Goat believes in working in tandem with the
city officials in Austin and has bootstrapped its plans to partner with local
cities and launch its electric scooter service across the nation.

 

Bolt – Fast and Affordable Rides

Estonian
company, Bolt offers vehicles for hire, car-sharing, food delivery, and more.
Headquartered in Tallinn and operates in more than 300 cities and 45 countries
in Europe, Western Asia, Africa, Latin America, and more.

 

The
company had 25 million customers in 2019, which increased and reached around 75 million
customers globally, while nearly 1.5 million drivers use the electric scooter
ride-sharing platform to offer rides. The platform was founded by Markus Villig
in 2013 with a vision to aggregate Riga taxis and all Tallinn.

 

How Much Cost and Time Does It Take to Create eScooter Apps?

Many
electric scooter rental companies make it easier for riders to hire scooters as
per needs to reach the desired destination on time. If you want to compete with
top e scooter companies in the market, then it becomes crucial for you to
launch your business online with the best-performing solution that helps you
manage everything from one place.

 

Wondering
how much it costs to launch your business online with a feature-rich solution?
The electric scooter app development cost depends on various factors like



·        
Features integrated;

·        
Platform selection;

·        
Technology used;

·        
UI/UX complexity.

 

There are many more that affect development costs. Get in touch with our sales team
to have an exact quotation for electric scooter ride-sharing app development.
Contact us at: sales@whitelabelfox.com.

 

Ending Note

The electric scooter ride-sharing business has gained the spotlight in recent
years. People are more likely to switch to conventional bikes and scooters over
electric ones. The main reason for this is the benefits that electric scooters
offer; this explains to you why you need to launch an e-scooter sharing
business.

 

As this micro-mobility depends on apps to book e-scooter rides, you need to consider
the e-scooter mobile app development. A user-centric and feature-rich app can
help you achieve success in the market. Want to develop advanced solutions for
your business? White label fox is always ready to help you. Have a look at our services for
more information.













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