Bird—the e-scooter rental startup— has been considering that people will possibly choose to purchase electric scooters instead of sharing them. That’s why Bird is introducing a new scooter model for sale, known as the Bird One, which will be soon available in the market for ownership as well as ride-sharing services. Bird now prefers to introduce its own M365 model for monthly rentals package rather than its scooters manufactured by Ninebot ES.
“After understanding the shortcomings in Bird Zero model, the company has planned to manufacture the new model with several upgrades,” stated by Bird CEO Travis VanderZanden. The new battery that is integrated into the upcoming Bird One model would perform four-times better than its predecessor Bird Zero.
Bird scooter is expected to launch its new model in the coming week. The new model will come in three colors and would cost $1,299. However, after observing the parking issues for electric scooters, the company launched monthly rental schemes. Initially, this personal rental service has been launched in Barcelona and San Francisco.
On a similar note, Uber—the globally expanded ride-hailing and food-delivery services provider—is now planning to establish its business in the e-bikes ride-sharing market. Therefore, Uber has collaborated with Yulu, which is a Bengaluru-based bicycle sharing start-up in India.
Currently, Yulu is operating 4,500 bicycles and 500 e-bikes on its platform. Within two years, the bicycle startup has raised around $7 Million in a funding round. However, Uber is strongly competing with Indian-based ride-sharing service provider, Ola and has invested a lot on establishing and operating the business in India. Still, the future of Uber seems bloomy.
This may be linked by Uber’s recent move. Earlier, the company committed to investing $1 Billion in India but later, it shut down its business in the Southeast Asia market. The company sold its assets to the regional service provider, Grab.