Source:
https://www.reddit.com/r/TrueReddit/comments/8l12oj/electric...
The Xiaomi M365 that is used as a base for many of these e-scooters has a real-life range of around 20km and a top speed of 25km/h (a 280Wh battery and a 250W motor with 500W peak performance).
So the battery can be drained in one hour if you're moving quickly.
So best case seems like $78 revenue per charge.
Ah, someone complaining online how some random person's back of the napkin calculations are off.
Let's see if the nitpicker has a case.
> 150 min * 0.15 $/min = $22.50.
So, let's actually do the math:
* $24/0.15 = 160 minutes
Wow. Completely off.
280Wh. They have nowhere near 6h range either, the machine is advertised for a range of 18.6 miles and a top speed of 15.5, though it has regenerative braking which can improve the range a bit.
It's a pretty standard Xiaomi M365: https://www.amazon.com/gp/product/B076KKX4BC/
It costs $1 to 'unlock' and $0.15/minute after that. So a $5 payment requires: 1 unlock $1 and $4.00@0.15/min = 26.7 minutes of "usage" (note, not ride, usage, the 0.15 is paid per minute that a user has the scooter "unlocked") before the $5 "finders fee" is repaid by one scooter and one rider.
The numbers shift of course if the same scooter is "unlocked" by plural individuals during the day, due to the $1 unlock fee. Five usages of a few minutes each for a single scooter in a single day repays the $5 "finders fee" just with the $1 unlock fees alone.
To be picky, since these chargers/gathererers are largely teens living with their parents, the cost for recharge comes from the household utility bill (not paid by the kid).
Surely it is a trifling amount, but to it you must sum the miles with the car/minivan used for the search and pickup (which costs is as well at least partially subsidized by the parents).
I suspect the cost of driving easily overshadows the cost of electricity, considering that even inflated California electricity rates price a kWh (of which these scooter batteries hold about one quarter) about the same as the incremental cost of driving one mile.
Whether it's trifling depends on how far they have to drive for each scooter. That cost is sunk if they "recover" it or not, unlike with the electricity. According to the article, the company has made it a bounty-hunting model, so even if the total area is only a few miles across, just getting there is no guarantee.
This means that, while there is no business riding and reloading (aside from, essentially, having rides at 40% off), it is profitable to empty a scooter and reload it yourself, provided you can trigger the increased fee.
[1] https://www.amazon.com/gp/product/B076KKX4BC/ [2] https://www.eia.gov/electricity/monthly/epm_table_grapher.ph...
I reckon the bicycle ride rental (no it's not "sharing"!) companies would be less hated here if they had a crew of teenagers making good pocket money returning all the out-of-the-way (mostly at-the-bottom-of-hills) bikes to locations where people expected/wanted to rent them...