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Re: None

Friday, 01/03/2020 3:32:51 PM

Friday, January 03, 2020 3:32:51 PM

Post# of 199
The economics of these scooter networks are nuts. The cost on average around $500-$600 and they do approximately 8–10 rides/day. If you assume an average trip cost of $4 the scooter will pay itself off in 2–3 weeks of use from gross revenue. Even paying chargers $5–7 a night and having scooters turn over (ie. depreciate) in a 6–8 week period still keeps the overall business looking very attractive.