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Why are E Scooters getting expensive in 2022?

Why are E Scooters getting expensive in 2022?

More people are falling in love with them because they are little, trustworthy, practical, and green. What are we discussing? Those tiny rides are commonly referred to as electric scooters, of course.

Thanks to their all-around utility, these e- scooters have charmed their way into many people's hearts. The people who have grown to love them, however, have a problem with one aspect of them: their price which is gradually increasing over time.

Why are electric scooters so pricey in 2022? They are made by joining multiple parts, including the electric elements consisting of the motor, battery, frame, tires, and other supplementary components which are not inexpensive and more so with their advanced features.

Continue reading to learn why electric scooter prices are what they are and why purchasing your preferred mobility gadget can require you to spend more money.

Analyzing an electric scooter's price

Check out a rough estimate of how much each component of an e-scooter adds to the worth of the item before we discuss why each component of an electric scooter costs so much.

  • Li-ion Battery: 25% to 30%
  • Electric Motor: 10%
  • Charger for electric Scooters: 10%
  • Construction of frames: 8%
  • Wheels: 5%
  • Component quality: 10-15% (handlebars, dashboard, LED display, etc.)
  • Labor expenses: 5%
  • Shipping+ Import/Export Costs: 20%
  • Additional Factors: (10–12%)

Batteries

The type of battery used by electric scooters has a substantial share in their high price.

With a potential 25-30% price contribution, the battery is the most expensive part of an electric scooter. And it's clear why. Almost every aspect of an electric scooter's performance is influenced by the power of the battery.

Lithium-ion batteries power the majority of contemporary electric scooters. Compared to other batteries like lead-acid and nickel-cadmium batteries, these batteries are more expensive.

Although Li-ion batteries are smaller than their conventional counterparts, they have much longer energy storage capacities. Batteries that match these requirements typically have a higher price since consumers seek longer battery life and a longer single-charge range. The resultant increase in scooter pricing.

Electric Motor

Although the motor only accounts for around 10% of the total cost of the electric scooter, its features and power output have the potential to significantly increase the cost.

The motor power of an electric bike, measured in Watts (W), affects a number of its performance characteristics. This explains why the price of a model with a 750-watt motor will be nearly twice as much as one with 350-watt power output.

Choosing electric motors with a higher wattage has numerous advantages. Higher motor power typically leads to:

  • increased peak speed
  • better capacity for climbing hills
  • greater capacity for load
  • a longer range

The sort of motor that is actually used is another factor in the high cost of electric scooters. For instance, brushless hub motors are more expensive than brushed DC motors.

Electric scooters with brushless hub motors installed will cost much more because these motors are more effective, easier to maintain, lighter, and can withstand shocks and road imperfections for maximum performance in addition to offering higher torque on loads.

Simply put, an electric scooter will cost more, the more features and functions it has built into the motor.

Electric Charger

About 10% of the cost of an electric scooter goes on the charger.

You might wonder how a charger would increase the cost of an electric scooter.

All chargers essentially perform the same function. However, depending on the charger type, power requirements, charging rates, safety measures, and other characteristics will change. For example, if you want an e-scooter charger with a strong safety feature, you may expect to pay more (short circuit, overcurrent protection, over-voltage protection, etc.).

Next, the nominal voltage needed will range from 12.6V all the way up to 84V and more, depending on how big your battery is. As one might anticipate, chargers cost more the higher their power requirements. The charging speed that a scooter's charger enables is another factor in its price. A charger's price may increase due to its numerous additional features, such as more plug types, LED charging indications, and others.

Frame Construction

An estimated 8% of the cost of the scooter goes toward the frame. The frame holds everything together, including the motor, wheels, suspension, handlebars, and everything else, much like the spine or chassis of a motorcycle.

Therefore, more expensive electric bikes will typically have stronger, more expensive frame materials. The finishing touches will also show the build quality.

Most mid-priced electric scooters come with frames constructed of either carbon fiber, industrial-grade aluminum alloy, or a combination of the two.

In most cases, carbon fiber is the optimum material choice for e-scooters that need to be stiff, durable, and light. Carbon fiber is currently being used in the manufacturing, automobile, and aerospace industries for the same reason.

Tires

The prospective 5% price of an electric scooter is based on the type of tires that are mounted on its wheels. To keep costs down, an inexpensive scooter could feature solid tires on the front and back wheels. While these tires are puncture-proof and require less maintenance, the riding comfort is sacrificed. Having said that, if you reside in an area with subpar roads, sturdy tires are an excellent fit.

The more expensive electric scooters typically come standard with pneumatic tires, also known as air-filled tires. These tires are expensive and made to smooth down rocky terrain. However, they offer more comfort, more stability, better suspension, more traction, better climbing, and overall better control because they are filled with air.

Level of Component Quality

The component quality is a significant factor in the high cost of electric scooters. To get your hands on a scooter with high-end components, you would have to shell out an extra 10–15 percent.

Components, in other words, might include both electronic and non-electronic pieces.

Additional Factors

The cost of electric vehicles is rising for many reasons other than just the cost of component parts. The price of the e-scooter is also affected by additional external factors, such as:

  1. Since electric scooters may not be normally manufactured in the country in which they are sold, shipping is required to deliver them to the customer. And that expense needs to be paid for.
  2. E-scooters aren't made by fairies; workers must be compensated for their labor. On an assembly line, the cost of labor comprises compensation for each employee as well as benefits and payroll taxes.
  3. The fact that electric scooters are a relatively new technology is a major factor in why they remain pricey. The costs of development research are still rising which is incurred by the consumers, as a result.
  4. Depending on the tax regulations in a particular administrative zone, import duty prices can vary. The cost of import duties might increase the scooter's price by up to 20% depending on where you live.

Depending on what you want from your ride, there are still a few great value electric scooters that offer quick and comfortable rides at a reasonable price. Not all electric scooters are terribly pricey but the costs have certainly gone up due to the factors mentioned above and the utilization of better technological components.

23rd Jul 2022

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