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The battle of European electric scooter startups: Dott, Tier, Voi, Wind

pxidw 2020-10-05 179 times

After a European electric scooter start-up after the huge financing 2019 (July 2019 Dott funding of 29 million euros, Wind of 42.7 million euros in July 2019, Tier of euro 55 million in October 2019, Voi 73 million euros for the November 2019), financial conditions continued until 2020 (Tier in February 2020 is 34 million euro, Voi in 26.3 million) in July 2020.Observers and industry insiders say the popularity of electric scooters and the investor hype are reminiscent of ride-hailing start-ups Uber, Lyft, Grab and Didi.While US-BASED ev startup Lime and Bird are clearly on the rise in Europe, Bird acquired EU ev startup Circ in January, as European ev scooters prepare to defend their turf, develop aggressive expansion plans and focus on sustainability.

The battle of European electric scooter startups: Dott, Tier, Voi, Wind

But the Covid pandemic did stop the momentum, and at the peak of the pandemic in April and May, most of the electric scooter business went virtually to zero, with Bird shutting down its Circ-Run operations in the Middle East in June.Six months after the pandemic, the Financial Times reports clear signs of recovery and turnaround.Dott says their usage figures go back to the days before Covid, with Tier citing overall usage levels similar to those of Last October, with Wind starting a mobility campaign across Italy and Voi bringing the UK into its operations, back to 50 per cent of its level in May.In July, the most coveted tender for Paris was won by Tier and Dott and Lime.The pandemic's need for social isolation has had a corresponding effect on scooters, with Tier and Lime observing longer cycling times and more rides starting and ending in residential areas, a clear indication that scooters are being used for utilities rather than sightseeing.

With all the hype and attention, we wonder how these European electric scooters really compete with each other.Take a look at our side-by-side comparison below and judge for yourself:

The battle of European electric scooter startups: Dott, Tier, Voi, Wind

European micromotion through electric scooters

Europe's electric scooter startups are still in their infancy, most of them under the age of two, and have already garnered a lot of attention and money.But will they play an important role in Europe's microtransport future?

Before the use of scooters, taxis and car-sharing, microtransport in Europe was dominated by bicycles and, more recently, electric bikes.Significant infrastructure improvements in European cities have led to increased use of electric and traditional bikes, all of which have been heavily invested in supporting alternative mobility solutions for consumers.And we've seen the same infrastructure that electric scooters are using.

In many European cities, electric scooters can also use bike paths and wide sidewalks.European cities' bans on fossil fuels have also given a boost to micro-mobility in Europe.We're also seeing more players jumping on the electric scooter bandwagon.Uber rival Bolt, which rebranded from Taxify in 2019, first entered the electric scooter space in Paris in 2018 and now has a fully operational Bolt electric scooter platform.Spin, a Unit of Ford, began expanding into Europe in June.
Lime, Bird and Uber continue to have a presence in Europe despite being based in the United States.In addition, CB Insights reported that by 2030, the global Shared microtransportation market could be between 257 euros and 429 euros (300 to 500 dollars), with Europe's share between 85 euros and 129 euros (100 to 150 dollars).It's really not insignificant!

It is worth mentioning that, after the blockade imposed by the UK, the UK government lifted the ban on the use of electric scooters in public places (roads, bike lanes or pavements) to increase the means of transportation at social distance in urban areas.Currently, a 12-month trial is underway in multiple locations, with electric scooter startups like Voi and TIER, newcomers like Zipp Mobility and long-term Beryl all vying for a single contract.

Obviously, electric scooters will coexist with other alternative modes of transportation.We can look forward to how they will contribute to and define the future of micro-transport in Europe.

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