Role Of AI in Scooter Sharing Business: Uses, Trends, & More

Did you know smart mobility is a booming market with a CAGR of 20.6% for the forecast of 2032? It has been found that AI and ML are the fourth largest technological contributors to the growth of smart mobility. Therefore, AI has greatly impacted the scooter-sharing business. In this blog, we will talk about the role of AI in scooter-sharing businesses to boost efficiency, manage fleets, and enhance customer services. Let’s get started! 

The role of AI in scooter sharing company

Artificial Intelligence has taken the world into an uproar. Every industry has been affected by the power of AI to enhance their performance and save resources. Firstly, it is known for automating production and management procedures with improved accuracy. Therefore, using AI in the e-scooter software has been no surprise. The standard roles of AI in enhancing the electric scooter-sharing service software follow. 

To provide personalized customer service 

AI is based on machine learning models. So, train the AI model with your data to provide personalized services. The combination of collected and real-time data helps you provide customised services to your customers. Thus, with AI, one can train the AI model and provide live navigation and guidance for effectively using the services. Furthermore, the data models help you offer personalized services to users so they can choose their paths, find the best possible rental plans, and more. 

To reduce congestion and accidents 

As per a study, adopting AI in transportation can help us reduce the risk of road accidents. With innovative road mapping with real-time traffic insights, you can avoid congested and risky areas with large vehicles. With a predictive mechanism, the AI features can give the user a warning bell of forthcoming traffic or a roadblock on the live map. Additionally, the AI can provide better-traveled routes based on live traffic and usage patterns. 

For example, Helbiz collaborated with Drover AI in 2021 for its AI product PathPilot. PathPilot is an AI tool that records the street scooter is riding on. It records the surrounding area and regulates the scooter’s speed to ensure user and pedestrian safety. 

To understand market trends 

Market trends change quickly. The agile nature makes it difficult for you to take advantage. So, how about a tool for live insights on your electric scooter-sharing service usage trends and market? Yes, AI can do it for you. AI helps you study the necessary data collected over time and identify the user behaviour pattern. Additionally, by providing essential market details, the AI mechanism can help you analyze data and pick up potential profiting trends. 

To optimize your scooter-sharing app 

Electric scooter-sharing service is offered through a scooter-sharing app. So as to ensure that the app works at its full potential and that the users are satisfied. Therefore, AI can improve electric scooter rental apps. With the data sets, you can identify the user patterns and improve the user interface for better engagement. Additionally, using AI, you can offer basic guidance and a chatbox to the user for navigating the app based on their behaviour

 and answer their queries. 

To ease your analytics process 

Data analysis is the backbone of any business. The scooter-sharing business also relies on data analysis for several reasons. Therefore, AI becomes a valuable addition to your scooter-sharing system for management. Through the advanced features of AI, you can smartly collect and clean the data and fact-check them to identify inaccurate and inconsistent data. 

To safeguard your scooters 

One of the significant challenges scooter-sharing businesses face is vandalization. Therefore, safeguarding the scooter is a primary concern for e-scooter-sharing companies. Well, the task can become easier with the help of AI. Like EV Charging App Development, electric scooter rental software greatly benefits from IoT integration. Using AI tools with IoT devices lets you track your device in real-time and identify any suspicious activity. Additionally, AI helps you offer live maps to alert users if they enter any unauthorized territory. Furthermore, you can enable an automatic lock to hinder the mobility of the e-scooter. 

To schedule maintenance schedule 

Maintenance is the critical component that electric scooter-sharing companies need to take care of. With AI, you can set up a system to check the usage of tools like batteries, tyres, and breaks. 

To tackle the competition

Usage of AI has been on boost for a few years now. However, only a few can take advantage of it. Additionally, AI is expected to be further developed to automate operations and offer more accurate services. Investing in AI can help you grow and reduce the cost of production. Furthermore, by using AI, you can provide better services and get brownie points over your competitors. 

How can AI be incorporated into a scooter-sharing system? 

We know many benefits of using AI in electric scooter-sharing services. But how do you incorporate them into your electric scooter set up? Let’s talk about it more. 

Rebalance your e-scooters 

Scooter sharing is an agile business. One moment, you are thriving in one area, and suddenly, the other area has more demand than the current one. So, how do you take advantage of this situation? By rebalancing your flee! 

What does rebalancing the fleet mean? It is a simple process of reallocating your scooters to areas with more demand. Therefore, you can benefit from the market demand and get a better ROI on the scooter. Thus, with AI, you can track the demand in your operating areas. With live data tracking and analysis, you can quickly identify trends. Therefore, rebalancing becomes easier. 

Forecasting future demands

AI can study data like a pro. Therefore, the predictive mechanism of AI is the most crucial for your business. Thus, with AI, you can understand your data better and forecast future trends. You can use AI to analyse the data and use diverse forecasting methods. 

Establish dynamic pricing 

The market is volatile. So, you never know what can cause your prices to rise or dip. Therefore, making a profit or reducing losses can become tricky. That’s where AI can become our knight. The AI tools allow us to track and analyze data live. Therefore, you can identify the market demands and change the price to get the best out of the demand. Dynamic prices allow you to set certain factors and their value to trigger price changes. Thus, you can take advantage of the market demand without delays or errors. 

Provide users with accurate guidance 

Many features are crucial for the electric scooter-sharing app, including the live map and user guide. It allows the user to understand the app and use it effectively. Therefore, you can offer AI assistance to help the user get answers to their query quickly. When you are an AI chatbot, you can relax and let AI handle your customer query up to some extent. Additionally, the AI allows you to offer a live map to guide users in navigating congested areas or avoiding dangerous regions in real time. 

Track your scooter performance 

To ensure your user has a smooth ride, you must maintain your scooter’s performance. You can set up an AI system to track the scooter’s performance. The tracking could be based on factors like battery usage, speed of the scooter, frequent problems in a particular part of the scooter, IoT connection with the e-scooter software, and more. Additionally, you can track the performance of the electric scooter rental app to identify any common problem the users face based on their behaviour analysis.

How can Squillion Tech help you in your scooter-sharing business? 

Squillion Tech offers Scooter Sharing Software designed specially for you to handle your scooter-sharing business. We specialise in the mobility industry, offering several other tech mobility services, as well as our development and analysis services. Our developers have created the software with a scooter-sharing rental app for you and your users respectively. 

The software allows you to manage your fleet, analyze data based on AI mechanisms, communicate with users through customer support windows, and more. We have prioritized AI to make the software more effective for managing your business. Therefore, the electric scooter software helps you track your fleets and rebalance them as per the demand in the market. 

The scooter-sharing app is an extension of our core service. Therefore, the user can use the app to access and use the scooter hassle-free. Our certified developers and UI/UX experts help you design an app that engages users with an attractive interface, helpful guides, and efficient features. From booking the ride, profile management, unlocking it, and paying for the ride, the app performance is improved by using AI to study customer behaviour. 

Want to know how our scooter-sharing software can boost your business? Contact us now! 

Conclusion 

AI has become essential to our lives, especially in the business world. So, it is no surprise that scooter-sharing companies have gracefully adopted AI. With its data training and predictive mechanism, AI has many benefits for scooter-sharing businesses. AI can help you understand the live trends of the market and your users and enables you to offer live services like maps and live guidance. Additionally, AI helps you forecast your trends and assists you in rebalancing your fleet to boost profits.

Furthermore, it can safeguard the scooters from damage and locate them in case they are lost. Squillion Tech offers AI-clad electric scooter software to help you embrace the magic of AI without any worries about the big cheque. A simple subscription fee is all you have to contribute to get the full benefits of AI in a scooter-sharing system.