e scooter startups – Coruscate Solutions https://www.coruscatesolution.com Custom Website Development Company Sat, 28 Aug 2021 13:08:39 +0000 en-US hourly 1 https://www.coruscatesolution.com/wp-content/uploads/2019/05/favicon_864edbf3ffd8d240f22ad0efd9a190c7-60x60_d5dff2c2ec67fb43259dd3f73efaacd5.png e scooter startups – Coruscate Solutions https://www.coruscatesolution.com 32 32 Raise from a startup to brand: 5 effective steps to start the e-scooter rental startup https://www.coruscatesolution.com/5-steps-to-start-e-scooter-rental-startup/ Tue, 01 Oct 2019 12:49:30 +0000 https://www.coruscatesolution.com/?p=21241 E-scooter rental business is very profitable, but only for big players. So, to be a big player from the e-scooter rental startup, follow these 5 easy rules and then think to develop an e-scooter app.

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If you are at an early stage of entrepreneurship and planning to develop your first e-scooter app to jump into a most profitable business, you probably have many doubts related to e-scooter app development approach, budget, business permit, business model and many more. If you just nodded positively, you will be reached beyond the early stage of entrepreneurship after reading this very informative blog, written by a panel of micro-mobility experts.

In this blog, we will discuss 5 effective steps you can follow to kick off e-scooter rental startup and to be brand within a few months of business. So, without any further due, let’s proceed.

5 effective steps to start the e-scooter rental startup

 

Step 1: Decide the business boundary first

 
No, developing the e-scooter rental app is not the first step for starting the e-scooter rental business efficiently. And there are reasons behind it. If you end up developing the e-scooter app first (without deciding business boundary and without knowing the market), there are higher chances that your app is missing some exclusive features for exclusive users.

So, why deciding business boundary is the first step?

Perhaps the most important reason for deciding business boundary first is that it tells you about the users and market. And if you know users and market, you can develop the app in such a way that it satisfies the user and market needs in the best possible ways.

Also, deciding business boundary before thinking anything else is very helpful to deploy e-scooters with your company logo in some big cities in the near future. Because, as a newbie, governments of big cities never give you the permit for running an e-scooter rental business. So, here is a piece of advice. Always start with the small. You can deploy e-scooters with a mobile app in the universities of your city, in the airports, in the community halls, and in the small cities. Once you manage to run an e-scooter rental business on a small scale, you can apply for a permit to take the show on the roads of big cities. If you have experience of running an e-scooter rental business (and if you satisfy all other rules of them), governments of big cities will surely grant a permit.

Majority of e-scooter rental companies which are topping the chart have started an e-scooter rental business from universities.

Step 2: Hire e-scooter app developers

 
Before we move ahead, I would like to break your illusions related to ‘hire e-scooter app developers’. First, here ‘hire e-scooter app developers’ means outsourcing app development project to an e-scooter app development company and not to freelance e-scooter app developers. Second, outsourcing app development project to e-scooter app development company does not mean that you are paying them for developing the app from scratch. You can select an app development approach from more than one available choice and save a really great amount of bucks. Here is how.

As a startup, you don’t have to launch your app with all futuristics features. You can start with some basic features. It is always advisable to avoid the custom-built app development approach as it costs you very high and the time taken to develop a custom app is more than 3 months which you as a startup cannot afford. So as an alternative, always opt for either white label e-scooter app solution or e-scooter clone app. The difference between white label solution and clone app is here:

Many e-scooter app development companies own some ready-made e-scooter apps. In the case of a white label solution, they customize the features according to your needs and deliver the app with your branding. While in the case of the e-scooter app clone, they deliver the already-developed app (Which has similar features of some popular apps) without any customization.

We at Coruscate provide a white-label e-scooter solution at the price tag of $10000 or less and e-scooter clone app at the price tag of $7000 or less.

Step 3: Pay heed to hardware

 
Whether you believe it or not, but the governments are quoting poor quality of hardware as the prime reason for e-scooter riders’ injuries. Recently, many local authorities banned the e-scooters over the concern of people’s safety. But many of those authorities granted permits to companies which upgraded the e-scooter hardware along with software. This clearly depicts that governments are more interested in hardware quality than anything else. In case, you are planning to deploy e-scooters in a university, the authority of that particular university will also take hardware quality into account.

Additionally, a hand-picked e-scooter increases the user experience and avails you to attract more users. In a city like San Francisco and Melbourne where the hilly terrain is a challenge for e-scooters, offering e-scooters with high power helps users to ride in challenging terrain which eventually makes them feel that your e-scooters worth their dollars. If you are deploying e-scooters in universities and community halls, power will not be an issue, but the tyres will be as the floor of such kind of properties is having less friction than the asphalt roads. Meaning, you need to customize the tyres.

Also, a reliable e-scooter comes across very less number of mechanical faults and reduces the operation cost. Considering the fact that an e-scooter rental company has to spend over 50% of one e-scooter’s earning on the maintenance of it, having a reliable e-scooter which demands less maintenance is a very big deal.

4) Define a profitable business model

 
Governments want e-scooter rental business owners to offer very affordable e-scooter rental service to users. And business owners want to earn more with the help of a premium business model. But for the sake of earning more money, business owners cannot disobey the rules. So what is the alternative? Here it is.

A precisely crafted business model is the answer. In the e-scooter rental business, the profit is basically calculated based on the per ride, per e-scooter. And just because of this, the significance of the business model is very high in the e-scooter rental business. A properly crafted business model adds a few cents in the earning coming from one e-scooter, one ride. But if you have a fleet of 1000 e-scooters which combined complete 5000 rides daily, then even an increase of a few cents can increase the ultimate profit by hundreds of bucks.

If you follow these simple 4 steps and start an e-scooter rental business on a small scale, you will one day become eligible for the big urban city.

5) Expand the business boundary

 
After running the e-scooter rental business successfully in small cities, universities or community halls, it is time to achieve the ultimate goal.

The best way to get a permit in a big city is entertaining the city’s e-scooter rental pilot project. Many big cities launch pilot projects before giving a permanent place to e-scooter rental companies. If you satisfy all of their terms and prove your worthiness during the time period of the pilot project, nothing can stop you from getting the long-term business permit. However, to get a long-term permit or even the place in the pilot project, you have to satisfy the rules and regulations of local authorities. But since you have already been running a successful e-scooter rental business on a small-medium scale, you can easily assure the local authorities that you will not violate any of the rules. This is why defining the business boundary is the most fundamental step to raise from the ashes and visit the valley of flowers.

In the nutshell

 
To be successful ‘tomorrow’, keep an eagle eye on things you will require ‘tomorrow’ which you can collect and claim ‘today’, more easily than ‘tomorrow’.

Coruscate is the top e-scooter app development company. We accommodate not only developers and designers, but data scientists and IoT engineers too. All experts from all teams work together to develop a startup-ready e-scooter app which costs really less. We provide a robust and scalable white-label e-scooter solution, clone app and custom-built app. To know more about the features, micro-mobility regulations or seek any help for a micro-mobility startup, please feel free to contact us.

escooter--app-demo.

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Electric scooter on the streets of different cities: All that you didn’t know about them until now https://www.coruscatesolution.com/electric-scooter-ride-sharing-business-facts/ Mon, 16 Sep 2019 10:16:48 +0000 https://www.coruscatesolution.com/?p=21094 Many people confirm that e-scooters are a great addition to the world’s mobility. Well, that actually has been derived from a survey conducted regarding the views of people in different…

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Many people confirm that e-scooters are a great addition to the world’s mobility. Well, that actually has been derived from a survey conducted regarding the views of people in different cities across the country of Germany.

Electric scooter on the streets of different cities: All that you didn’t know about them until now

There are thousands of e-scooters filling up the streets of Germany. That started with the green signal that these e-scooters got in the summer. There have been words about putting stronger rules and regulations and even bans as people were fearful of the injuries caused by accidents.

Though there were people saying e-scooters are not good enough, a majority of them, almost 52% of people backed the E-scooters arrival in Germany.

How popular are e-scooters?

 
Most people in the local areas have responded affirmatively about the use of e-scooters in Germany. The exact number as per the studies nodding their heads for using e-scooters has been 56%. Another 16 percent said that even though they have not yet used e-scooters, they would still like to.

There are some authorities who have called in to enhance the safety standards and restraints to be put in places, such as designated parking zones and compulsory helmets.

In Berlin, the e-scooters are a good addition to help people to travel to the train stations. These e-scooters could help decrease short bus trips. But there are some rules need to be implemented to keep people off the pavement and to restrict bad parking. They might even have docking stations like some bike-sharing systems.

They are also bringing in the possibilities of the mix of transportation options required for the people to move away from cars. Since the e-scooters have environmental benefits people are ready to put up with them even when they find them a bit annoying.

Also read :

Four scenarios showing growth for the e-scooter sharing industry in the upcoming years

Is riding e-scooters safe?

 
Well, there has been a real mix of comments about this issue. The response that most people have been answering is that the safety of these e-scooters can be increased with the coming times. Some people even answered that these e-scooters are fun to ride but at the same time, they are dangerous. People complained that it was almost impossible to give the turn signal while riding. Many people pointed out that the e-scooter riders were more careless on the roads than other users.

Some have said that these bikes are awesome and super convenient but others say that they could help in the fight against climate change. Also, many others comment that these e-scooters make getting A to B fun.

Another thing about e-scooters hitting the streets of Omaha, Nebraska has seen the police threatening users with tickets for riding on the sidewalk. The riders were shown on a local news channel riding the Lime hire scooters along the wide streets of Old Market Instead of zipping along. The streets in the town are covered with small red cobbles which are problematic for the tiny wheels of the scooters. People still feel that you are innovating and disrupting there is always a clash of thoughts.

When it comes to London and other British cities in the 1835 Highways Act recently are making illegal use as an example of cutting-edge technology getting into heads with the 19th-century legislation. But even after so many years of the dockless scooters running on the roads, many cities are facing similar problems like Omaha.

They are confused if they should welcome the scooters with open arms like the city of Antwerp or go for a permit system like San Francisco or should they make use of data like Portland, Oregon?

When e-scooters first emerged in Santa Monica in California, there were no rules imposed but as there was a criminal complaint against them the city officials took action. The city was bestowed $300,000 in fines and license fees. San Francisco saw a similar pattern of effect. There were complaints all over that the users were riding on sidewalks, e-scooters obstructing walker space, and broken scooters left stranded.

To undertake these problems, the city leaders proposed a permit system without which scooter businesses could not function.

Talk to our business expert to get more understanding about e scooter sharing business.

A basic chart for P2P payments app development cost is as follows:

Market Scope of E scooter ride sharing business:

 
What’s happening in the e-scooter business currently?

With the changing times, the e-scooter businesses have thought of ways to tackle all these problems. They have made collaborations with the city officials in different cities and are bringing up some really advanced safety measures.

There are opportunities in the dockless scooter business as the data shows. The potential is the strongest in moving the short leisure and recreational trips rather than going in the cars.

But as the cities have it to their advantage the officials pull up permits and designate service zones, check numbers and implement operational standards. If businesses don’t comply, cities need the power to cancel licenses.

Portland, Oregon, supported e-scooters entree to the city on a trial basis between July and November 2018. They put forth the condition that the businesses have to share their data and operated in underserved parts of the city – not just downtown.

The e-scooters have conquered the continents of the USA and the UK completely and they are slowly becoming a familiar face all around the world. After startups like Bird, Lime, Scoot, and VOI, many other startups joined the forces to conquer the world with micro-mobility. This revolution has definitely changed how people used to think about transportation.

There are more place and pace for the startups to join the e-scooter business. With the growing trend, e-scooter manufacturers are coming up every day with some new and sturdy model of e-scooters. There are also apps for the e-scooter charging stations. Not only that the e-scooters are now available which runs on solar energy. One recent addition to the lightweight micro-mobility is the Tortoise e-scooter.

Know how you can earn with e-scooter rental apps as these are getting huge encouragement from Government and investors

These e-scooters need technology to go hand in hand with them. Coruscate is the best technology partner that can help you with your e-scooter business to start from nothing and we can help you to take on the world with our latest infrastructure and technologies. You can always refer to the business models and the manufacturers that we have suggested for you in our previous blogs. For any more information regarding the e-scooter app development, do not hesitate to connect with us and get the app development done at the best hands.

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E-scooter App Development Encyclopedia: 30+ blogs in one blog! (Categorized) https://www.coruscatesolution.com/everything-about-e-scooter-sharing-business/ Sat, 31 Aug 2019 11:00:24 +0000 https://www.coruscatesolution.com/?p=20954 We are running the top e-scooter app development company. In this blog, we have covered all acclaimed blogs of ours on e-scooter app development. Read this before starting e-scooter sharing business.

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Being a top e-scooter app development company, we have been pushing the boundaries of micro-mobility business by not only developing apps but by writing blogs on the latest micro-mobility news, technologies, and trends.

In the last couple of months, we have written 70+ informative blogs on e-scooter app development that have inspired many entrepreneurs to jump into micro-mobility business. In fact, many blogs are so precisely-crafted that they are actually helping entrepreneurs to survive the competition. Thus, taking this initiative to the next level, we have decided to list out our most unique and acclaimed blogs in a single blog. For better understanding, the list has been categorized.

E-scooter App Development Encyclopedia: 30+ blogs in one blog! (Categorized)

 

Business economics

 

5 steps to plan a budget for e-scooter app development

 
E-scooter app development is an expensive choice. But with the proper app development budget planning, you can keep the cost of e-scooter app development within your budget.

In this blog, we have shared 5 steps you should follow in order to plan the budget and to keep it low.

5 Proven Steps to Easily Plan a Budget For e scooter app development or to start your own e scooter sharing business

E-scooter app development cost breakdown

 
The only reason why we have written this blog is to exhibit the top e-scooter app features and how much does it cost to add those features into the app. This is a very well-written blog, containing sub-topics on the e-scooter market, manufacturers, segment analysis, competitive landscape and cost of e-scooter app development.

All about e-scooters and the cost of developing an e-scooter sharing app

Economics of an e-scooter rental business

 
This blog will take your business understanding of the e-scooter rental business to the next level. In this blog, we have explained the detailed business model of the e-scooter rental business with the example of Bird’s business model. It will give you an idea of operation cost you have to cover and profit you can make with your desired number of e-scooters.

Economics of the e-scooter sharing business

Innovation:

 

Charging the e-scooters with solar energy:

 
Charging of e-scooters has always been a major concern of the operators. But now Rohit Kalyanpur and his company named Optivolt Labs are making it possible to charge the e-scooters with solar energy. Read this blog to find out how.

Add Solar charging to your E scooters to reduce the charging cost and time for your scooter sharing business

Segway-Ninebot launched an automatic e-scooter and future of e-scooter software & e-scooter hardware

 
This is another best blog written by us. Driven by the news of Segway-Nineboat’s new automatic e-scooter launch, this blog contains a few beautiful changes e-scooter hardware and software are likely to get in upcoming years.

Segway-Ninebot launches automatic e-scooter: Future scope in e-scooter rental business with enhanced hardware and app with futuristics features

Best e-scooter: Boosted Rev

 
This is yet another blog, having details of yet another innovative hardware. This time, we have included Boosted Rev e-scooter which is capable to travel up to 24 mph with a range of 22 miles, thanks to its dual-wheel motors.

Why Boosted Rev could be a better option for your e-scooter business fleet and a great companion to your e-scooter app?

Swappable battery technology

 
Keeping the batteries of e-scooters charged is the major worry of the operators. But here is the technology that kills those worries. In this blog, we mentioned everything about the Swappable batteries and how with this revolutionary technology that has already come into existence, you can get rid of a major burden of an e-scooter rental business.

Another reason why E-scooter app can prove to be the best business for the startups looking for business investments : Start E scooter Business in $10K

Technology:

 

The working of IoT lock and differently technologized e-scooters

 
We have come across many queries related to IoT lock and different types of technology being used in smart e-scooters. Thus, we decided to wrap it around a single blog. From this blog, you will get to know the working mechanism of IoT lock, what is IoT controller, cost of smart e-scooter (with IoT controller), cost of conventional e-scooter (without IoT controller) and number of IoT features an e-scooter should have.

A multidisciplinary guide to select e-scooters for e-scooter rental business. Know how the locking mechanism works in smart and conventional e-scooters.

Use of location intelligence technology in running an e-scooter rental business

 
Location plays a significant role to earn more profit with the e-scooter rental app. Thus, we have elaborated different ways of using location intelligence to identify the location-based demand and to build location-based business infrastructure.

How location intelligence solves four major problems of the e-scooter rental business?

Make e-scooters ‘talkable’ to the mobile app by using MQTT

 
IoT technology makes e-scooters smart. But to establish a connection between e-scooter hardware (IoT controller) and e-scooter software (mobile app), we have to employ MQTT – a standard publish-subscribe- based messaging protocol. In this blog, we haven’t left behind a single concept of the MQTT protocol.

How to develop an IoT integrated e-scooter app by using the MQTT protocol?

IoT features and how they make running an e-scooter rental company fun

 
IoT features can prevent e-scooter theft, make rides safer and reduce the cost of maintenance. How? Find out in this blog.

E Scooter App Development : How IoT integration to the dockless bikes help to make the streets safe for e scooter riders?

Store big data and use that big data to scale up e-scooter sharing business

 
Data is the most valuable asset for the e-scooter rental business. With data, you can help the government to understand the city’s traffic patterns and help yourself to understand the usage patterns and business patterns. But there are 4 major problems associated with big data. We have revealed it in this blog, with the advantages you can be rewarded, if you solve these problems.

Big Data Challenges & Solutions with E-scooter App Development: How to derive unexpected benefits

Government:

 

Government encouraging e-scooter businesses

 
The government’s rules and regulations are restricting e-scooter sharing business to a great extent. But there are many cities out there, promoting e-scooters. We have covered that positive side of the micro-mobility business in this blog with all recent encouragement e-scooter startups have awarded.

Government encouraging e-scooter businesses: Grab the opportunity to make your own place in this space

Further business opportunities:

 

Domino’s decided to start pizza deliveries on e-bikes

 
With the increasing popularity and affordability, e-scooters and e-bikes are now being capable to be used in the food delivery segment. Recently, Domino’s proved the potential of e-scooters by introducing a fleet of e-bikes for pizza delivery.

Why you need e scooter app for your Food Delivery Business : E-scooter trend takes the next step with Domino’s getting e-bikes for pizza delivery

Four scenarios, showing the future of e-scooters is bright.

 
We know many of you are having cold feet over a thought of starting an e-scooter rental business just because they worry about the future. So, we have illustrated 4 scenarios that show the future of the e-scooter rental business is fruitful.

Four scenarios showing growth for the e-scooter sharing industry in the upcoming years

E-scooter software:

 

Everything about the e-scooter app

 
Though we have covered a lot about the e-scooter app in our almost all blogs, we decided to write a dedicated blog on the e-scooter app to make the understanding of e-scooter app features, working method, payment module and cost easy for you.

E-scooter rental apps- the most important factor to decide the fate of your e-scooter sharing business

Get in touch with the expert to get while label e scooter app solution demo

 

escooter--app-demo.

E-scooter hardware:

 

Unit economics and why e-scooter hardware matters?

 
Many micro-mobility startups overlook the importance of reliable and durable hardware and as a result, they become the victim of government policies and low usage rate. Thus we decided to make them understand that e-scooter hardware owns the same importance as e-scooter software. We have also discussed how a reliable e-scooter increases the unit economics and what is Bird’s unit economics.

4 reasons why e-scooter hardware is as important as e-scooter software (e-scooter rental app) for starting an e-scooter rental business?

Top e-scooter manufacturers and guide of buying e-scooters

 
A startup can easily find the e-scooter app development company for the software but when it comes to finding the best manufacturer of e-scooters, they have to go through a struggle. It gets worse if they do not know anything about e-scooters’ IoT controller, government’s guidelines and unit economics. Sensing the gravity, we compressed everything about the e-scooter buying process with top manufacturers in a single blog.

Know top e-scooter manufacturers and things to consider before buying e-scooters for e-scooter rental business

Top e-scooter rental apps and companies:

 
The hunt ends here! The following list holds the blogs on all top e-scooter rental companies, their funding details, future business plans, app features, business model and cost to develop their clone app.

Coup – Most popular e-scooter app in Berlin

 

Things to Keep in mind to develop an e-scooter app like COUP- the most popular e-scooter app in Berlin

Circ – Berlin-based e-scooter rental company, completed 1 million rides in 135 days

 

Flash re-brands as Circ: know how to develop an e-scooter app like Flash (Circ) which has completed 1 million rides in just 135 days.

Dott – An Amsterdam – based most promising e-scooter sharing company

 

Develop an e-scooter app like Dott to make a way into the augmented European market to open new doors of opportunities

Yulu – An India-based micro-mobility company, tied up with Uber

 

Build Yulu Like Scooter Sharing App: Uber ties up with E-scooter sharing company Yulu. Know the success story and challenges they have overcome

Wind – another Berlin-based e-scooter sharing company, covered all major cities of Europe

 

Wind Dockless scooters powered by IoT and Bluetooth integrated app, Its future of scooter rental services

Smide – e-bike sharing company, set an example of providing excellent customer service

 

Electric bike rentals like Smide and micro-mobility solutions have a wide scope in the future of transportation

Gotcha – a USA -based e-scooter and e-bike sharing company, operating its business in 50 cities and 40 universities

 

How did the strategies of Gotcha, a rising company to offer shared micro mobility helped its expansion and made way for its success?

Tier – a Berlin-based e-scooter sharing company, leading the chart of top travel apps across Nordic countries

 

E-scooter sharing app development: there is no looking back in 2019 with the rise of TIER Scooter Sharing

Bird – USA – based e-scooter sharing company, earned the status of a unicorn within just 2 years of business

 

E Scooter App development: Bird eScooters taking over 100+ cities, you can too! Build Bird like e scooter app

Jump – Uber’s successful attempt to enter into micro-mobility segment

 

Build Your Uber Jump Scooter Like App with These Strategies

Get in touch with expert for E Scooter app Clone Script Demo

Get in touch with expert for E Scooter app Clone Script Demo

Payment:

 

E-scooter app payment infrastructure and features of payment module

 
The business model in the e-scooter rental business is so unique, so is the payment infrastructure! In this blog, we have jotted down what does it take to develop innovative payment infrastructure and top features of the payment module in a very comprehensive way.

E-scooter app payment infrastructure – how to scale-up your e-scooter rental business with an efficient and infallible payment infrastructure

Others:

 

E-scooter rental business myths and realities

 
The e-scooter rental business has emerged with a lot of myths, such as, it is vanishing, it is suffering from thin market problem, and the market is already intensified. But these are just the myths that we have successfully proved in this blog with evidence.

Know the myths and realities of the E-scooter rental business before going for e-scooter app development

Kick-off e-scooter rental business in 6 steps

 
Starting an e-scooter sharing business is rocky. But if you follow these 6 steps, it will be as easy as pie.

6 exhaustive steps to plan and design the infrastructure of your e-scooter rental business

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Big Data Challenges & Solutions with E-scooter App Development: How to derive unexpected benefits https://www.coruscatesolution.com/big-data-challenges-for-e-scooter-app-development/ Thu, 29 Aug 2019 09:35:05 +0000 https://www.coruscatesolution.com/?p=20927 The benefits of big data are being popular among mobility startups. Know which are the challenges and solutions, before going for e-scooter app development.

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The benefits of big data are being popular among mobility startups. Know which are the challenges and solutions, before going for e-scooter app development.

In the presence of 5G technology and Blockchain applications, data is the most valuable asset of any kind of online business. Specifically for the mobility business, having a large amount of user data and usage data means a pot of gold! Business owners of mobility startup can make capital out of user and usage data in so many ways like selling the data of urban infrastructure and traffic patterns to the government or using the same data to improve your business efficiency.

However, to achieve so, you need to decode the major four challenges associated with big data. By a lucky chance, we have covered the same thing in this blog. In addition to these 4 challenges, we will also wrap our mind around the benefits you can derive for your e-scooter rental business after decoding big data challenges.

So, without any further due, let’s proceed.

Challenge 1: Data Storing

 
The amount of data being produced has grown rapidly and as a result, the action to store a bit much data has become ruthless. Today, the data from the e-scooter app installment to app usage and payment deserve to be stored as these data make the e-scooter rental business profitable in so many ways. (Which we are going to discuss later in this blog.)

But data storing isn’t as easy as it sounds. The most fundamental requirement for data storing is to have a module that stores data of every activity of users such as e-scooter finding, payment, pick-up location, destination, riding time, stopping time and many more. However, the most obvious data collected by e-scooter rental companies are related to trips.

Bigdata e scooter app challanges and solution

Once you achieve this, you need to go through the next big challenge – infrastructure.

Data occupy the space and big data occupy a lot of space! So, if you are planning to store the usage and user data of riders, you will surely need an online space where every data of riders gets stored automatically, thanks to the module we have discussed just a while ago.

Hold your horses, you are still halfway to start deriving business benefits from big data!

The biggest challenge in big data storing is the security of the data. Security threats include vulnerability to fake data generation, access control with poor granularity, and the presence of untrusted mapper. Though these security threats can make significant damage to your business processes, the best thing about them is that they all are solvable. Coruscate is among the few e-scooter app development companies which have earned expertise to build an affordable and secure big data storing infrastructure.

Benefits of storing big data successfully

 
Data storing is the basic requirement to derive business benefits from big data. If you successfully manage to store every usage and user data, you can easily decode the next big challenge associated with big data – data processing – which reveals the meaningful relations between different data entities.

Challenge 2: Data Processing

 
The data you store in big data storing phase is like the maze which you cannot use anywhere. In order to make it usable, you have to bring meanings out of it. These meanings are always in the relations with at least one or more data entities, except data with no dependency on other entities, like, start_time.

To bring meanings out of unorganized data, you have to employ a few state-of-the-art machine learning or AI algorithms. One of the most useful data processing algorithms is a Genetic Algorithm. It takes an unorganized large data set as the ‘population’ and finds the fittest ‘population’ which is nothing but the data entities with the highest probability of similarity between more than one data entity.

The final result seems like this,

Near a park, if the demand is higher at X%, the actual cost (fare) increases by Y%.

Benefits of completing data processing successfully

 
A successful data processing phase does not only present the meaningful relations between different data entities but it makes you accessible to avail benefits from the remaining two most important big data challenges.

Challenge 3: Data sharing

 
Data sharing is nothing but allowing anyone to use your data for achieving a relevant target. Many research institutes generally share their data with investors, entrepreneurs, and companies to help them in satisfying their business needs.

Talking specifically about the mobility business like an e-scooter rental business, data sharing implies sharing the raw data which you store in the data storing phase or sharing the meaningful relations which you bring out from raw data, with anyone including government.

In fact, in many cities, local authorities have imposed a rule to share all usage data with them at the end of every operational day. Governments then use this usage data of your e-scooter rental business to build an efficient traffic management system and to identify the streets most in need of a redesign. The reason why municipalities want you to share usage data with them is because of the amount of the city’s data your smart e-scooters and e-scooter mobile app are collecting.

One of the most prominent mobility companies, Uber, has already been sharing the data with governments, urban planners, marketing firms, and similar service providing companies under its newly launched program called Uber Movement. The following image depicts how Uber has turned raw data into a robust product that gives insight into the city’s road network, travel time and average speed.

Challenge 3: Data sharing

However, big data sharing is the challenge and the major reasons why it is quoted as a challenge are security, cost, and legal norms. With Coruscate, you can smoothly decode this challenge and share data efficiently, thanks to our proven data sharing methodology.

Benefits of sharing data successfully

 

  • If you are operating your e-scooter rental business in a city where it is a rule to share usage data with local authorities, the data sharing module in your admin panel makes it really easy for you. It does not only identify the necessary data from the raw data and from the organized data, but it sends these data to local authorities automatically.
  • And if you are not operating your business in such a restricted location, you can share these data to the government and other companies and ask money in return.

 

Challenge 4: Data usage

 
The success of the business highly relies on strategic decisions. But the success of the online e-scooter rental business highly relies on the data-driven strategic decisions!

Once you have the raw data and meaningful relations between the data entities, you can make your business decisions based on these data and not based on your gut feeling. However, it is a very tedious process to understand the raw data and even the organized data and this is why big data usage is considered as a challenge.

To decode this challenge, an admin panel equipped with business intelligence is crucial. This business intelligence module or admin panel feature analyzes the historic data of your business and exhibits a few most fundamental aspects of your business such as time and location-based demand, battery consumption and customers’ queries. So, now after studying this data, you can make accurate strategic business decisions.

Benefits of using big data successfully

 
Considering the fact that the BI module of the admin panel analyzes the big data and gives you a broader picture of your business in a very understandable manner, you can derive the following benefits.

  • You can deploy a fleet of e-scooters according to the demand of different locations.
  • You can make changes into the hardware or intensify the charging force according to the battery consumption rate.
  • You can know the location-based customer satisfaction rate and the factors responsible for the high or low customer satisfaction rate of a particular location.

 

How Coruscate can help you to obtain advantages from big data and what is the cost to develop an e-scooter rental app?

 
Coruscate is the leading e-scooter app development company that entertains numerous queries related to mobility business. Along with designers and developers, we accommodate a few highly skilled data scientists who work parallel to the development team to integrate different features that stores the big data, processes the big data, shares the big data and makes you use the big data in a very painless way. We don’t only develop apps, but we become a business strategic partner of our clients to help them throughout their business journey.

With our rapid app development technology, we develop and deliver the e-scooter app within 45-55 days and under $10k.

To know more about the features and ask for a free demo of the e-scooter app, you can contact our app scientist and business expert.

A basic chart for P2P payments app development cost is as follows:

Also Read :

» How to Launch Your Own Electric Scooter App Like Lime? Get App in $10k
» Everything you need to know while starting your own e-scooter business in the year 2019
» Build Scooter Sharing App For the Rapid Growth of your Business

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Government encouraging e-scooter businesses: Grab the opportunity to make your own place in this space https://www.coruscatesolution.com/government-support-for-e-scooter-sharing-business/ Mon, 19 Aug 2019 09:42:18 +0000 https://www.coruscatesolution.com/?p=20810 Previously, the companies used to deploy their services in cities without any regard for rules and regulations. But now with the rise of electric scooters everywhere around the world, cities…

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Previously, the companies used to deploy their services in cities without any regard for rules and regulations. But now with the rise of electric scooters everywhere around the world, cities have already become hip to tech’s status quo. This we can say has happened because of companies like Uber, Lyft, Bird, and Lime that rose to leave behind the competition.

Though in the beginning, e-scooters faced a lot of challenges, they overcame them step by step luring the common man. The e-scooters proved to be eco-friendly and pocket-friendly as well. But even after a lot of efforts the e-scooters had to face the wrath of city officials for their e-scooters launched on the road without the permission. The scooter startups were concerned about the city regulations as these could make or break their businesses across nearly every aspect of operations.

The two major impacts faced by the business are ridership growth and ability to attract investor dollars. The city officials are now issuing permits and determining how many scooters any one company can operate at any one time. They are also enforcing low-income plans and impacting product roadmaps. As they say, the ball is really in the city’s court.

Global Electric Scooters and Motorcycles Market Size is determined to be valued at USD 20 billion in 2019. The market size will register a CAGR of 8.5% to generate high return opportunity for business professionals throughout the prediction period. Electric scooters and e-bikes market will be fueled by sustainable growth force which will be taken up by different governments across the world.

Exhausting oil reserves have made it necessary to develop alternative solutions. The market of these e-scooters is much stronger in the developing regions of Asia and Latin America. China also experiences a lot of sales in these e-vehicles. However, the last few years have seen tremendous growth and developments in the e-scooter and e-bike industry. There has been an increase in the number of dealers to the adoption of the online sales channel and enhancement in technology. The industry is anticipated to be incorporated by 2025.

Here is a graph showing the advancement in the e-scooter industry:

Government encouraging e-scooter businesses: Grab the opportunity to make your own place in this space

 

Challenges faced by Global Electric Scooters and e-bikes Market Drivers

 
Global e-scooters and e-bike market are essentially driven by a large presence of OEM and government action towards sustainable development. To top it there has been a huge increase in disposable income of the working-class population. This is producing favorable interest in the trade of electric two-wheelers. The increased awareness is also playing an important role in the overall growth of electric scooters. The e-scooters and e-bikes are accounting for over 2.5% of total vehicles on the road. This share is anticipated to touch 8% by 2023.

Growing interest from big-scale manufacturers and deterioration in battery costs by 65% will produce a positive market aspect for electric bikes and scooters players. There are many different players like
Harley Davidson and Yamaha who are poised to increase their product offerings into this area.

According to a report in a renowned website, a total of 129 million units of electric scooters and e-bikes are expected to be running on the road by 2028.

The e-scooter industry is also beholding a huge increase in the number of dealerships. To increase their business presence, companies are focusing more on the sales platform. With the increasing digitization, the shares of the online channel are expected to increase further.

Analysis by vehicle type in the electric vehicle industry:

 
The electric scooters will continue to dominate the market but the e-bikes will be registering the fastest CAGR during the forecast period.

» Analysis by Battery Type:

 
The lithium-ion will keep on continuing to dominate the industry granting the light-weightiness and high power efficiency. Moreover, the percent share will rise with improvement in lithium-ion technology.

» Regional Analysis

 
In terms of regional analysis, Asia Pacific will dominate the global e-scooter market. The Asia Pacific and Western Europe accounted for over 89% of total sales in the year 2018. Asia is mostly dominated by China and India. China market has seen a lot of key development took place. The country not only leads in the overall sale but also in the manufacturing also. The country is a major exporter of e-vehicles in Europe and Africa. Companies in China are concentrated towards product level strategy.

» Competition Landscape

 
Some of the important e-scooters and e-bikes market industry players are Yadea, Aima, Zhejiang Luyuan, Niu, Amego Electric, BMW, Govecs Group, Honda Motors, GenZe, Sunra, Suzuki Motors Corporation, Yamaha Motors, Zero Motorcycle, Z Electric Vehicle, and Shandong Incalcu Electric Vehicle, etc.

Scope to start your own E scooter sharing business:

Looking at the current market scenario and what we have recently covered about the support from the government authorities of different countries, a huge scope can be forecasted for the newbies in the e-scooter industry.

Also read : E-scooter rental company Bird takes its scooter rental business to the next level by renting the scooters on a monthly basis

The most important challenge that people used to face in this industry were related to the government permit. But since different governments are now encouraging the use of eco-friendly vehicles, the challenge to drop your vehicles on the roads is now easily eliminated. As you can see the growing scope of the industry, you can think about gearing up and getting down into the niche with the latest technology and Coruscate as your technology partner.

We can help you out with an app with seamless user interface and the best technological features. You can also refer to various blogs related to the e-scooter business models, manufacturers for your fleet and everything that you need for your business from start to end.

To discuss further regarding the business models and features and cost of app development, connect with us and schedule a free consultation session.

A basic chart for P2P payments app development cost is as follows:

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Learn the triumphant strategies of Hellobike to start your e-scooter-sharing business in China with Best ROI https://www.coruscatesolution.com/hellobike-like-escooter-app-development-china/ Tue, 16 Jul 2019 09:44:32 +0000 https://www.coruscatesolution.com/?p=20296 Investors were massively emptying money into China’s dockless bike-sharing startups in the last two years. Now we can mostly see the bikes being abandoned on the streets of the cities.

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Investors were massively emptying money into China’s dockless bike-sharing startups in the last two years. Now we can mostly see the bikes being abandoned on the streets of the cities.

Hellobike plans to lead China’s two-wheeler transport market as bike-sharing rivals struggle

Shanghai-based firm will offer a range of two-wheeler options, including bicycles as well as electric bikes and scooters
Image Source : scmp.com

Meanwhile, the two-wheelers with motors have brought a new charm to the cities. And one of the main members of the e-scooter industry is a survivor from the bike-sharing fad. Hellobike presents a range of mobility services to its 230 million registered users. The mobility services include shared e-bikes and rented electric scooters. Hellobike has received fundings from the world’s most worthy FinTech company Ant Financial through its Series D to F funding rounds. 

How Hellobike started its business in China?

 
Hellobike was first launched in 2016 by placing shared bikes in smaller cities and towns. They targeted the places where Ofo and Mobike were mostly absent. They avoided targeting populous metropolitan centers like Beijing and Shanghai. Due to this strategy, Hellobike could largely avoid the cash splurging rivalry against Ofo and Mobike.

The electric push of Hellobike has begun due to its operational efficiency. At the same time, Ofo is struggling with a major financial crisis as it copes to repay user deposits. It’s rival, Mobike has quieted down increase since it was sold to Hong Kong-listed local services monster Meituan. According to a piece of recent news in TechCrunch, Hellobike’s chief financial officer Fischer Chen explained that when Ofo and Mobike were at war, they did not get any idea of expanding the business into the electric bikes. He said that the competition in the electric bike business was rational as there was no price war for e-bikes from the start as such.

The two-wheeled electric vehicles are in high demand in the country with a population of nearly 1.4 billion people. The data collected by Hellobike suggested that nearly 300 million rides are completed on analog bikes every day in China. Many of them still do not realize that the pedal-assist electric bikes and pedal-free scooters generate 700 million rides per day. This number is double the number of bike rides. 

The functioning strategy of Hellobiken to learn from:

 
There are more advantages to rent rather than buying an electric bike in China. There is no stress of thinking about the vehicle getting stolen and at the same time, one can find a safe ride with the electric vehicles. But finding a suitable charging spot can be a challenge in China.

Hellobike has a solution to this problem by putting up charging stations. They considered doing it as they went about offering shared e-bikes in the year 2017. Riders exchange their battery out for a new one without having to plug in and wait at these booths. The riders have an option to pay via Alipay, Ant’s mobile wallet with a one-billion user base.

Hellobike has captured 80% of the market share of all the monthly two-wheeler electric bikes activity in China. The company accounts for 60-70% for bike-sharing. It is difficult to confirm the share just by looking at the data compiled by third-party app trackers. These trackers don’t normally break out the user number for unique features.

Hellobike runs like a main two-wheeler business and it intends to capture the small-town customers who are looking for pocket-friendly options for the commute. However, Hellobike app is a one-stop-shop for bicycles, e-bikes, e-scooters as well as carpooling apart from the two-wheelers. But the Hellobike app has a major complication as the rides are accessed directly on Alipay rather than its own app.

On the other hand, Meituan has turned Mobike into one of its all-in-one service apps just like Hellobike.

Hellobike does not face many big competitors when it comes to competition in electric two-wheelers. Even after that, they are facing difficulties in adding new features to their existing app and also at the same time, they are facing troubles in acquiring online users.

But it is worth noting that other internet titans have also set their vision on plugged-in micro-mobility. The competition is getting tougher with both Mobike and ride-sharing leader Didi Chuxing introducing their own e-bike sharing programs. The participants need to cope up with China’s more severe rules for electric bicycles.

Get free e scooter app demo : get taxiapp demo

China E scooter market stats : China has a huge scope for Scooter rental in the future

We can certainly be sure about Hellobike having great dreams for electric micro-mobility. As the shared bikes and e-bikes are meant to be ridden by one user at a time, Hellobike is planning to engage these e-scooters for a more extended period of time as many people might want the powered-up vehicles for their daily transportation.

To fulfill the demand of its users Hellobike has founded a new joint venture. They have partnered with Ant, controlled by Alibaba founder Jack Ma. At the same time, they have partnered with China’s top battery manufacturer CATL. Hellobike is targeting millions of migrant workers in Chinese cities. They are launching a rental marketplace for its 25 km/h e-scooters slowly in the Chinese market.
 

The business model of Hellobike which you can follow: Which you can use in Hellobike Clone app or in your e scooter app

 
It is not convenient for people to buy an e-scooter which will cost thousands of yuan if they might be leaving the city after a year. So, Hellobike came up with a third-party partner with a new rental business model. In this business model, people pay about 200 yuan a month to use the scooter. This business model helps to convert people from buying vehicles and pay for the services and rent these vehicles. 

Lessons to lean from Hellobike to build successful e scooter ride sharing business in China:

 
You need to install more battery-swapping stations nationwide that not only recharge the e-bikes but also the e-scooters. You need to partner with the battery manufacturers in order to do that.

You need to function as a platform instead of competing with the traditional scooter manufacturers. Allow the scooter manufacturers to use their designs and just add some smart hardware and technology to get things going.

Do not make a mistake in running behind big cities instead you can focus on the small towns and attract more users to use your service.

 

Remember, China’s main bike-sharing companies have earned profits during their peak season with these tricks and Coruscate can be your best technology partner to help you out with all your requirements for your e-scooter business.

Don’t know where to start to establish your own e scooter business in China? Or Looking for a professionals to build an e scooter ride sharing app for your business? We have the best research team who keeps the updated information regarding the new things happening in the e-scooter business. And at the same time, we have an expert team of developers to provide all unique solutions for your unique business needs. If you have made up your mind to enter the Chinese market and wish to know the cost of development of an e-scooter rental app and how can we make your app stand out from the competition and provide your users an amazing user experience, feel free to connect with us for a free consultation session.

escooter--app-demo.

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