E-scooters are the prospect for daily transportation from activity classes to offices and buying groceries. If you are in the e-scooter sharing service, you are associated with ‘fast transit’ which is a trending transport framework for the next generation. People like to have their own way of commute which is available at a minimal cost. You can make your e-scooter app the transportation companion of your clients and offer it to them for the daily transportation needs. 

But with the increasing competition in the industry, it is important to find out what can make your e-scooter app stand out. Here is an interesting business tactic that can make you the best electric scooter app startup. Consider a subscription model like Bolt-bike for the gig delivery workers which can make the business more profitable.

The Sydney-based startup, Bolt Bikes was founded in the year 2017. It is taking the electric bike platform which was previously used only for the individual commute to commercial commute. They are taking the electric bike platform to gig economy delivery workers.

The company is expanding with its generation of $2.5 million seed round which was led by Maniv mobility, European e-mobility firm Contrarian Ventures, personal investors and previous executives of Uber and Deliveroo.  The firm was founded by Mina Nada who was previously working with Deliveroo and Mobike, Michael Johnson who was working with Bain & Co. executive.

Bolt bike has now launched a flexible subscription model. They include vehicle servicing, in Sydney and Melbourne, Australia, San Francisco and London.  The company is majorly known for selling e-bikes. It is not entering the premise to rent them out for commercial use. The electric bikes it rents are based on a week-to-week contract costing $39. 

The Bolt Bikes platform covers the electric bike, fleet management software, funding and servicing. Subscribers are allowed to use the bikes for 24-hours. The first week is offered by the company as a free trial. Along with the bike, users also get a battery charger, phone holder, phone USB port, secure U-Lock and safety induction is added.

Since they were in the food delivery industry from the beginning, the founders saw that the light electric vehicles were the real future of ‘last mile’ logistics. They saw that there was no one in the industry who was offering the right vehicle or financing or maintenance solution. The Bolt Bikes has stimulated the curiosity of more than investors. Postmates has been managing a Bolt Bikes rental program in San Francisco after June. And the organisation has ambitions to expand its fleet and to extend to more cities in the U.S., U.K. and Australia.

Bolt Bikes provides weekly subscriptions to the most desirable e-bike for delivery. It’s a hassle-free alternative to make deliveries. They are not compromising on power, battery size or safety. Everything is available at affordable prices. The bike rent involves servicing, repairs and replacement vehicles to keep you protected and on the road all the time. Week to week compliance indicates the person is allowed to stoped any time.

According to recent studies, the global electric scooter market size was evaluated at USD 17.43 billion in 2018 to observe a CAGR of 8.5% during the forecast period. It is expected to reach USD 41.98 billion by 2030.

According to McKinsey & Company, the e-scooter industry is experiencing its emergence. It is unveiled for 2030, that the U.S. e-scooter industry is deserving $200 billion to $300 billion, $100 billion to $150 billion in Europe, and $30 billion to $50 billion in China.

The countries with the highest transportation concern which you can recognise for flourishing e-scooter app development are California, Texas, Columbia, Maryland.

The e-scooter app sector has succeeded to become the next best alternative transport. The e-scooters has demonstrated to be an assuring last-mile commute service. With the increasing population, the methods of transport also have to be progressed.  Looking at the current statistics of on-demand e-scooter industry, we can definitely say that the e-scooter business is expected to be the most profitable business. 

Adopting the subscription model like Bolt Bikes can be a great business model to increase your profitability. 

However, if you are thinking about starting a new business venture, you should consider the road and safety rules of each city documented for e-scooter riding. There are many cities that don’t allow the e-scooters to operate. So, make sure you are on the safer side and get the necessary permissions to get your business started in the city and get your fleet on the streets.

Keep yourself away from the legal battle and keep in touch with the municipalities of the different cities to understand the rules and regulations. 

Gig economy workers are both freelancers or part-time operators who don’t work as professionally as the hired permanent staff. It reduces the overall business cost. So, many food delivery companies are opting for such people. Providing the e-scooters as commercial transport for such workers with a flexible subscription model saves them from spending a lot of cost for the workers. 

The easiest and most affordable way to develop an e-scooter app for gig-workers

Opting for Rohak for launching your e-scooter app gets you the benefits of help with the laws and regulations in various cities. We also help you and guide you with the business models, hardware and technologies like IoT to remotely find your e-scooters that need charging and performance issues. We can even help you to provide flexible subscriptions by customising the white label solutions

To know more about how Rohak works and what else do you get with our white label solutions and their cost, check out our e-scooter app development page and get in touch with us and ask for a free app demo.