While the COVID-19 pandemic has forced many e-scooter companies to pull their devices from streets worldwide, new figures from the market analysis firm Berg Insight suggest the e-scooter market could experience a significant expansion once lockdown measures are lifted.
The e-scooter market is expected to continue to experience a temporary contraction in 2020, but projections for the next four years show a significant increase. As of 2019, there were 774,000 share scooters in operation around the world. By 2024, however, it’s suspected there will be 4.6 million devices in operation.
While a small percentage of those vehicles, approximately ten percent, will be sit-down e-scooters, stand on scooters from Dott, Lime, and Bird are expected to dominate the market. Lockdown measures have caused a severe drop in users, but the long term outlook appears promising for e-scooter companies.
While the pandemic will continue to halt e-scooter operations in cities, some places are taking steps to ensure the vehicles will be available once life returns in normal. In New York, legislators legalized the use of e-scooters and throttled controlled e-bikes. The new laws have laid the groundwork for scooter-share companies to move in and expand their territory.
The UK government has taken steps to achieve a similar goal, as well. In March 2020, it took the next step to launch consultations and real-world product trials of e-scooters and autonomous driving tech in certain parts of the country. The goal of the trial is to provide data regarding how the country regulates the e-scooter technology on a national basis.
While e-scooters provide a convenient, eco-friendly, and budget-conscious method of transportation for those in more populated areas, there are still a number of risks associated with using the scooters—especially when others on the road are negligent. As an electric scooter user, you have a responsibility to abide by the terms and conditions of the contract you agree to when signing up for a scooter. Even if you are responsible and do everything right, there’s still a chance a reckless driver could cause an accident.
E-scooter accidents have the potential to result in serious injuries or worse because the rider isn’t as protected as someone inside a vehicle. If you’ve been involved in a scooter crash, you may have a valid personal injury claim that you can use to seek compensation for your losses. The Rideshare Law Group is prepared to help you with your case. Contact us today for more information.