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Charging electric scooters is a cut-throat business

theatlantic.com

221–230 of 243 posts

Re: Charging electric scooters is a cut-throat business

#221

Earlier quoted context omitted.

Going forward we'll have to figure out how to tax electricity used for charging electric cars(probably special chargers that have a car-taxed tariff).

Why? Does electricity used by cars have more externalities than electricity used by a washing machine?

Wear and tear on the roads done by driving cars.

Re: Charging electric scooters is a cut-throat business

#222
post #179

Earlier quoted context omitted.

No, but at the moment(at least over here in UK) the tax on petrol and diesel covers road building/maintenance for the entire country. With this tax slowly disappearing, we will have to find another way to tax people who use the roads, and the best way to do that is to tax the fuel they use as it's directly proportional to their use. Same reason why heating/farming oil doesn't have this tax, even though it's technical…

It seems to me that taxing something based on its use is a pretty much just a way to set up exactly these kinds of loopholes that continually need plugging. Instead of taxing gasoline to help fill in the road budget, why not tax vehicles based on actual road usage, and their size and weight? Then you don't have all of the "electric cars and bikes don't pay gas taxes" stupid debates. An electric car uses just as much…

"why not tax vehicles based on actual road usage, and their size and weight?"

Because this relies on either odometer readings, which, at least here in the US, you wouldn't be able to say how many miles were driven in one state vs the next. Or it would rely on tracking the location of the vehicle, which is downright creepy and sets off all kinds of alarm bells in people.

Re: Charging electric scooters is a cut-throat business

#223

Earlier quoted context omitted.

It only makes sense if we’re in a bubble.

i guess so. but what causes these persistently bubbly conditions? the top 1-2% have very large cash hoards they absolutely must invest. and they can't just go around opening laundromats, liquor stores and flipping houses. that's chicken feed. it requires too much attention. too much work. there are challenges investing in the really big global growth stories (e.g. China): state ownership has the upper hand. they can…

The upper echelons are awash in cash. The ratcheting down of taxes on corporations and profits, frees up that capital for investment. There is more capital than sane investments, at this point.

Re: Charging electric scooters is a cut-throat business

#224
post #121
post #89

Earlier quoted context omitted.

The electricity costs aren't the problem, the big cost here is paying people to collect the scooters up and charge them. As the article points out the cost of electricity makes up such a tiny amount of this cost that it's not even worth calculating.

And, from reading the article, the cost of the electricity comes out of the "finders fee". So those that charge them receive $5-$20 each, minus their cost of electricity to recharge them. So if most scooters only receive the $5 "finders fee" then Bird is paying a flat $5 per scooter for finding, recharging, and returning the scooters. It costs $1 to 'unlock' and $0.15/minute after that. So a $5 payment requires: 1 un…

* Another poster provided a technical sheet asserting a 280Wh battery and 250W motor [1], which means the scooter can be discharged in slightly more than an hour. * Getting electricity at $.15/KWh [2] means that you essentially have no cost recharging the battery.

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...

Re: Charging electric scooters is a cut-throat business

#225
post #155

Earlier quoted context omitted.

And they make a lot of direct lobbying toward local government to make sure they don't enforce existing taxi laws.

which they should, don't you think? sometimes being disruptive is the only way to go.

No, because they're just trying to get an exemption for themselves. If they were advocating for a change for all, that'd be better.

Re: Charging electric scooters is a cut-throat business

#226
post #109

Earlier quoted context omitted.

I don't think that Uber was a good example of a good company hindered by regulations... The pain-in-the-ass regulations also save a lot of people's time and money (Theranos-style startups are much less likely to pop-up over this side of the Atlantic also). It's a trade-off, like most things in life.

For every Theranos, there are 25 Stripes, Dropboxes, and Mixpanels. It’s not a good trade off at all.

I highly doubt that.

Re: Charging electric scooters is a cut-throat business

#228
post #210

Earlier quoted context omitted.

i guess so. but what causes these persistently bubbly conditions? the top 1-2% have very large cash hoards they absolutely must invest. and they can't just go around opening laundromats, liquor stores and flipping houses. that's chicken feed. it requires too much attention. too much work. there are challenges investing in the really big global growth stories (e.g. China): state ownership has the upper hand. they can…

I don't understand the "it requires too much attention". Isn't that what managers are for ? Assuming your opportunities are profitable enough , just hire enough managers and be done with it?

Generally retail requires lots of efforts ( management must take care of really very little details ) and produces a very limited capital gains. You have a steady CF but you are always on the edge if you need to expand or innovate.

Re: Charging electric scooters is a cut-throat business

#230

I love how you can see the original less-clickbait headlines of 'Who charges those electric bird scooters?' in the title tag and 'charging-electric-scooters-is-a-cutthroat-business' in the url.

They A/B test the titles. The title I got was "Electric Scooter Charger Culture Is Out of Control"
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