Exploring the Economics of Electric Scooter and e-bike Ownership for Students

Electric scooters and e-bikes are becoming increasingly popular among students as a means of transportation. But what are the economics of owning and operating these vehicles?

The cost of an electric scooter or e-bike can range from a few hundred dollars to several thousand, depending on the make and model. Operating costs are also a consideration, as these vehicles require electricity to recharge their batteries.

Assuming that the average student spends about $10 per week on gasoline for their car, the cost of owning and operating an electric scooter or e-bike would be about $1.50 per week, or $78 per year. This is a significant savings over the cost of owning and operating a car.

There are other benefits to owning an electric scooter or e-bike as well. These vehicles are much smaller and more maneuverable than cars, making them ideal for getting around campus. They are also much cheaper to maintain than cars, as they have far fewer moving parts.

Overall, the economics of electric scooter and e-bike ownership are very favorable for students. These vehicles are much cheaper to purchase and operate than cars, and they offer a number of other advantages as well.

Sep 03, 2023