A person unlocks a Neutron Holdings Inc LimeBike shared electric scooter on Market Street in San Francisco, California, US.
Last year alone saw global growth in the market of 76% according to a report by France’s Federation of Micro Mobility Professionals and the Smart Mobility Lab. The BCG study calculates that four months of use covers the cost of making a scooter, but rented ones tend to last for only three. He highlights efforts by Lime to extend the life of their machines, a crucial issue given the environmental footprint of the scooters.
According to Bloomberg, Ninebot estimated late last year that four of every five scooters in circulation globally came from its factories.The spectacular growth in E-scooter use is down to a swift evolution in modes of transport.