Self-drive scooter businesses like Bounce, Vogo, and Yulu expect to see an uptick in adoption, with public transportation utilization capped at less than 50% due to social distancing norms.
Self-drive scooter businesses like Bounce, Vogo, and Yulu expect to see an uptick in adoption, with public transportation utilization capped at less than 50% due to social distancing norms and disposable incomes taking a hit owing to salary cuts and lower earnings, these firms tell ET.
The nationwide lockdown has forced state governments to significantly cut public transportation services, restricting commute options for healthcare workers, civic authorities, and delivery executives.
Shared two-wheelers are more efficient and provide low-cost rider-friendly alternative to public transport. “With the movement of people being staggered out, self-drive shared scooters can help drive down the prices through economies of scale and pass on the benefits to the end consumer, in this case—commuters,” said Vivekananda Hallekere, CEO of Bounce.
These businesses, however, say that state governments and businesses need to jointly build newer ways of shared and public transport to cater to safer mobility solutions. “We need to ensure adequate preparedness of cities to cater to these new requirements in the most efficient manner possible,” Anand Ayyadurai, CEO at Vogo, said.
Continue reading… “Two-wheeler rental startups expect to ride high as public transport comes to a halt”