Shared e-scooters and e-bikes could boost economy by £1.1 billion
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Dott, the responsible European micromobility company, reveals that e-scooter and e-bike services have the potential to provide a £1.1 billion boost to the economy.
The study is based on both the direct and indirect financial contributions of Dott’s existing services in London. Researchers at Oxford University’s Oxford Strategy Group demonstrated the economic gains which could be made if more people choose to switch to environmentally friendly vehicles for travel across the city.
With existing usage, Dott’s shared e-bike and e-scooter service was shown to contribute over £3m to the economy. And if just one in five of London’s 2 billion car trips were to switch to an environmentally friendly alternative, over £1bn of benefits could be unlocked.
Researchers calculated the direct economic contributions of Dott’s service in London, including wages, operations and spending on equipment. This was combined with indirect economic impacts, consisting of:
Henri Moissinac, Co-Founder and CEO, Dott, said: “People are increasingly discovering that shared e-scooters and e-bikes can provide efficient, safe and reliable travel across their cities. This new research shows how choosing sustainable transport can benefit the wider economy as well. To unlock this potential, policy makers should take steps to make it easier for more people to switch to environmentally friendly alternatives.”
The potential economic impact can be gained by encouraging more people to switch to e-scooter and e-bike services. Dott’s experience in major cities across Europe shows that the most successful shared schemes include a consistent experience across the city, high density of parking spots, limited no-go and slow zones and high quality infrastructure such as segregated cycle lanes.
The environment and social impact are at the heart of every business decision at Dott. The micromobility company has set out its goals and progress at ridedott.com/sustainability.
Notes to editors:
Research conducted with Oxford Strategy Group https://www.oxfordstrategygroup.com/
Dott is a European micromobility operator founded by Henri Moissinac and Maxim Romain, with the mission to free our cities with clean rides for everyone. Dott currently operates over 40,000 e-scooters and 10,000 e-bikes in top cities in Belgium, France, Israel, Italy, Poland, Spain, Sweden and the UK. Dott has won two of the biggest micromobility tenders in the world, in both Paris and in London. Dott has a staff of over 600, with its main teams located in Amsterdam, London and Paris.