Drivers could save thousands of pounds per year by switching to rental e-scooter trips, according to Singapore-based Neuron Mobility.
According to new research from personal finance site Nimble Fins, motorists pay £9.74 per day on average to own and run a private car.
Micromobility provider Neuron, which operates a number of shared scooter schemes in the UK, said that these motorists could switch to rental e-scooters for their daily commute, which would cost as little as £1.20 per day.
In Newcastle, one of Neuron’s UK shared e-scooter locations, drivers could save up to £256 per month, or £3,074 per year.
Cormac Quinn, UK general manager at Neuron Mobility, said: “We recognise many people are tightening their belts as a result of the increasing costs of living. Our research shows a clear upward trend of people using e-scooters to replace car journeys – 40% in 2022 versus 30% in 2021 — and this will certainly have a positive impact on their wallets as well as the city’s air quality.
“E-scooters are an inexpensive and convenient alternative to cars, particularly for short trips into and out of the city centre. We’re delighted they continue to be embraced by people in Newcastle, it’s a great city and we really enjoy working with the council to run the e-scooter programme.”
According to Neuron’s annual rider survey, in 2022 more and more Newcastle residents found themselves incorporating e-scooters into their daily routines, using them to get to work and travel around the city, with 40% of trips replacing a car journey, up from 30% the previous year. Total trip numbers were also up by an impressive 64%, demonstrating that Geordies have embraced e scooters as an essential way to get around the city.
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Ian Thomas, destination director, NewcastleGateshead Initiative, said: “Neuron Scooters have been a fantastic addition to Newcastle’s transport provision, providing safe, sustainable and cost effective travel options for those living, working and travelling around the city centre.
“Linking consumers to businesses across the city has been a vital boost to the local economy and we welcome seeing this continue.”