Business ideas
15 min read

10+ Best & Profitable Electric Scooter Business Ideas in 2023

Starting an electric scooter business is a great way to capitalize on the booming electric vehicle industry. With the demand for sustainable transportation solutions increasing rapidly, electric scooter businesses provide unique solutions to the growing population of commuters. For entrepreneurs looking to enter into the world of electric scooters, the market offers a number of profitable business opportunities. From retail stores and repair shops, to rentals and subscription services, there are many ways to tap into this burgeoning industry. In this article we'll explore 10+ of the best and profitable electric scooter business ideas for 2023, from online stores and rental services to ridesharing programs and subscription models. With these top business ideas in mind, you'll be well-prepared to forge a successful career in this fast-growing market.

Written by:
Nick
Updated on:
April 2, 2023
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Table of Contents:

Our List of 10+ Best Electric Scooter Business Ideas:

1. Scooter Rental Business.

A scooter rental business is an ideal business idea for those looking to start their own business. This type of business involves renting out electric scooters to riders for a fee. Customers typically pay an hourly or daily fee to use the scooter. Scooter businesses typically have no overhead, allowing entrepreneurs to make a profit from the start.

  • No overhead expenses
  • Flexible hours
  • Easy to manage
  • High customer demand
  • Can be operated in most cities

2. Electric Scooter Tour Guiding Service.

A electric scooter tour guiding service is a business venture that offers guided tours around a city or tourist area on electric scooters. It can be a great business idea as it combines both fun and convenience, allowing people to explore their surroundings while avoiding traffic and exhaust fumes. There are several advantages that an electric scooter tour guiding service would offer:

  • Allow tourists to explore their surroundings in an eco-friendly way
  • Provide an efficient and convenient means of transportation for getting around
  • Reduce the amount of carbon dioxide emissions from traditional cars
  • Offer an exciting experience for riders of all ages
  • Can be operated in any type of weather condition

3. Mobile Scooter Repair And Maintenance Service.

A Mobile scooter repair and maintenance service would provide convenient, on-site assistance for scooter owners who need assistance with their vehicles. It would make a great business idea for several reasons:

  • The need for quality scooter repair and maintenance services is significant.
  • Many individuals lead hectic lifestyles and may not have the time to take their scooters to a shop.
  • Scooters often require regular maintenance to ensure their efficient and safe operation.
  • Repair solutions can be delivered quickly with a mobile service.
  • The cost of providing this service can typically be kept low compared to traditional repair shops.

4. Electric Scooter Parts And Accessories Shop.

Starting an Electric scooter parts and accessories shop could be a great business opportunity to capitalize on the growing electric scooter market. Here are some advantages of going into this business:

  • A wide range of products to choose from, allowing you to accommodate different customers
  • Spare parts and accessories are required for maintenance and upgrades, which will create a steady stream of revenue
  • Opportunity for innovative marketing techniques to target the right customers
  • Potential for profit margins on each sale, far higher than with other retail businesses

5. Electric Scooter Sharing Service.

Electric scooter sharing services are a transportation option that allows people to quickly and easily access low-emission vehicles. The service allows users to pick up and drop off an electric scooter from various locations across a city, providing an alternative way for commuters to get around. This type of business idea could be very beneficial for cities, as it could help reduce congestion and air pollution.

  • Lower transportation costs
  • Convenience and accessibility
  • Help the environment
  • Reduced traffic congestion
  • Generate revenue

6. Electric Scooter Servicing And Storage Facility.

An electric scooter servicing and storage facility is a great business opportunity to provide a safe, convenient, and cost-effective means of transportation. It can help people save money on gas and get around quickly. The facility would offer a variety of services including:

  • Repair and maintenance of electric scooters
  • Battery charging
  • Parts replacement
  • Storage solutions for e-scooters
  • Sales of additional accessories like helmets and bags

7. Electric Scooter Taxi Business.

An electric scooter taxi business is an innovative, low-cost way to provide fast, efficient transportation services. Electric scooter taxis are typically powered by rechargeable batteries and can reach speeds of up to 20 mph, making them ideal for urban transportation. They offer a convenient, affordable, and environmentally friendly alternative to conventional taxi services.

Here are some of the potential benefits of starting an electric scooter taxi business:

  • Low start-up costs - electric scooters are relatively inexpensive compared to other forms of transportation.
  • Easy maintenance - electric scooters require minimal maintenance and can be serviced quickly and easily.
  • No license or permit needed - in most cities, electric scooters don't require any type of license or permit for use.
  • Short learning curve - most people can learn to operate an electric scooter in a short amount of time.
  • Flexible hours - you can operate your business whenever you need to.

8. Electric Scooter Media Production Services.

A electric scooter media production service is a business that focuses on creating content specifically for the emerging electric scooter market. Examples of services provided could include video production, photography, graphic design and more. This type of business could make an excellent choice for entrepreneurs due to the following reasons:

  • The market for electric scooters is growing rapidly
  • The demand for visual content to promote electric scooter products & services is increasing as well
  • There is a lack of professional media production companies in this field
  • Creative professionals in the electric scooter industry can be highly profitable

9. E-Scooter Wholesaling Business.

Starting an E-scooter wholesaling business has become a popular business idea due to the increasing demand for eco-friendly transportation alternatives. E-scooter wholesaling allows you to buy E-scooters in bulk at a discounted rate, store them in your warehouse or office, and then sell them at a higher price to customers. This type of business is a great way to make money while helping the environment by providing people with an affordable and sustainable mode of transport.

  • Low start-up costs
  • Low overhead expenses
  • Large potential customer base
  • Opportunity for growth and expansion
  • Ability to reach new markets

10. Custom Electric Scooter Manufacturing.

Custom electric scooter manufacturing is a great business idea for those looking to enter the manufacturing industry. It allows businesses to customize their electric scooters to meet the exact needs of their customers, giving them an edge in a highly competitive market. Benefits of custom electric scooter manufacturing include:

  • Personalized design: no two electric scooters will be the same, allowing customers to get exactly what they need.
  • Cost-effectiveness: electric scooters are significantly cheaper to manufacture than traditional vehicles, which makes them more affordable for customers.
  • Environmental friendliness: electric scooters are powered by electricity instead of gasoline, making them more eco-friendly than their gasoline-powered counterparts.
  • Versatility: electric scooters can be used for a variety of purposes, from leisurely rides or commuting.
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Successful Examples of Electric Scooter Businesses:

Electric scooter businesses have grown in popularity over the years as an efficient and cost-effective way to get around. The electric scooter industry has seen a rise in successful companies that are making a positive impact on their communities and the environment.

  • Bolt Motorbikes
  • Bird Scooters
  • Lime Scooters
  • Segway Ninebot
  • Spin Scooters
  • Ninebot by Segway Max G30D Electric Scooter
  • Razor EcoSmart Metro Electric Scooter
  • Xiaomi Mi Electric Scooter M365
  • Boosted Rev Electric Scooter
  • Glion Dolly Electric Scooter
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Nick

Founder and CEO

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.