Are Electric Scooters a Good Investment?

Are Electric Scooters a good investment? Driving an electric scooter is easy and in many cases faster than driving a car during rush hour. With an electric scooter, you can get from place A to place B much more efficiently.

However, like all means of transportation, each has its pros and cons.

If you want to know the pros and cons of an electric scooter and whether buying an electric scooter is a good investment for you, read on to find out.

Will the Electric Scooter work on my trip?

It really depends on the autonomy of your scooter. The autonomy of an electric scooter can vary from 10 to 40 km (6 to 25 miles), so this determines the distance you can travel. Many factors determine the autonomy of an electric scooter, including:

 

  • Model

 

  • Battery

 

  • Speed

 

  • The weather

 

  • the weight of the rider

 

  • Relief

 

The isinwheel One electric scooter has a range of 40 km and can be fully charged in five hours.

According to the Electric Scooter Guide, the average owner of an electric scooter rides about 4 days a week and travels 11 km per day. Not only is an e-scooter more environmentally friendly because it runs on battery power instead of gasoline, but it’s also less hassle than traveling by car because you don’t have to worry about parking or traffic.

If you live far enough away, you can consider using public transport around the city and riding an electric scooter as a solution for the first and last Mile on and off the train.

What Does it Cost to own an Electric Scooter?

Although owning an electric scooter is much less than owning a car or motorcycle, it is worth considering. The price of an electric scooter can be divided into four parts.

E-scooter Charging Costs;

One of the reasons why owning an electric scooter is attractive is the low running costs compared to a car. WIRED estimates that the operating costs of an electric scooter are slightly more than one percent of the fuel costs of a car. It’s a huge time saver. When looking for electric scooters, you should take into account the time it takes to charge it. The average electric scooter takes 3-5 hours to charge, but some take much longer.

The price of Protective Equipment;

The use of appropriate protective equipment prevents serious injuries. Protective gear that you absolutely must buy includes a helmet and gloves. You might even consider getting elbow and knee pads for extra protection.

 

Maintenance and replacement costs;

If an electric scooter is cheaper to buy than a car or motorcycle, it also has a useful life. It depends on how you treat your e-scooter and how often you use it, but the average lifespan of an e-scooter battery is five years until 20% or more of the battery’s capacity is depleted. Most batteries can be replaced or rebuilt at this point. However, the costs will decrease steadily as the technology develops and the market continues to grow.

The maintenance costs to be taken into account include the battery and tires.

The Actual Price of the Electric Scooter;

Electric scooter models range from a few hundred dollars to thousands of dollars. That’s why it’s important to do your research and find out what features it contains. Be sure to read what other e-scooter owners are saying about their models.

How long does the electric scooter last?

The Average lifespan of an E-Scooter depends on several factors, such as:

 

  • Number of kilometers driven with the e-scooter

 

  • E-scooter quality

 

  • How often is the e-scooter used

 

  • How to store the e-scooter

 

  • How often is the e-scooter serviced?

 

  • What are the advantages of owning an e-scooter?

Owning an electric scooter has many benefits which we outline below.

Solution for the last mile;

Public transport is great, but it can be quite time consuming if you have to get off the train and walk the rest of the way anyway. Electric scooters are the perfect solution to the last mile problem, because you can take the e-scooter with you on the train and then drive to work or school.

Don’t take up too much space;

You can easily store the electric scooter under the table or lean it against the bookshelf. A folding electric scooter is even better as it is lightweight and can be carried up the stairs or on the bus.

Don’t get stuck in traffic;

There is nothing worse than being stuck in traffic for a day when you live less than 20 kilometers from home. Some of the fastest electric scooters on the market can reach speeds of up to 50 km/h. You also have the advantage of riding on the bike path and avoiding the heavy traffic.

What are the disadvantages of owning an electric scooter?

Loading Takes Time;

No matter how fast some electric scooters charge, it takes longer than stopping at a gas station to refuel your car or motorcycle. Depending on the length of your trip, schedule a charge at the end of the day for a few hours or every few days.

Electric Scooter Laws;

Despite the recent demand for electric scooters, the laws governing their use have not been fully enshrined. Many cities around the world have started changing laws to allow people to use personal e-scooters on city streets, but some places have banned them or are experimenting with bike, geo, or e-scooter rides.

Weather;

Whilst it is possible to ride an Front-drive Electric Scooter in the rain if your e-scooter has the right IP rating, it is not a good idea to ride in overly extreme weather as you will endanger your personal safety. Nevertheless, the e-scooter can easily be taken on public transport or stowed in the trunk of an Uber.

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