Xiaomi or Ninebot scooters depreciate in less than 4 months. So it becomes unsustainable and financially unprofitable in the long-term.

At least 20% of the costs in this business are service and scooter depreciation expenses. Every unnecessary function (like folding) can be a reason for these costs.

Without docks or locks, the scooters are easy to pick up and go. So it’s easier to leave them anywhere. That makes municipalities angry!

Cities are working out how to deal with the scooters. The economics of the business will ultimately depend on the regulatory schemes.

Current ranges are 3x too low for optimum sharing utility. Most electric scooters have low quality, little visual appeal and are not compatible for sharing.