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Micromobility vets launch Ridepanda e-ride marketplace

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Micromobility vets launch Ridepanda e-ride market

Dive Transient:

  • Two micromobility veterans have formally launched Ridepanda, a first-of-its-kind on-line market for e-bikes, e-scooters and mopeds.
  • Ridepanda affords a curated number of e-rides out there for buy, with every automobile vetted within the areas of sturdiness, efficiency, reparability, security and sustainability. Prospects can filter by choices to decide on the proper automobile for his or her wants, and choose add-ons together with financing, insurance coverage and equipment.
  • Ridepanda CEO Chinmay Malaviya, a former Lime worker, and CTO Charlie Depman, previously of Scoot and Fowl, based the location in assist of industrywide efforts to cut back private automotive possession and carbon emissions in cities. The founders mentioned e-ride possession can “exist very synergistically” with e-ride sharing to speed up a broader shift towards transportation electrification.

Permission granted by Ridepanda


Dive Perception:

As former staff of shared-scooter companies, Malaviya and Depman respect the worth of giving shoppers handy entry to gentle electrical automobiles. But, the elevated reputation of these companies has result in an elevated demand for private possession, particularly amid the present COVID-19 well being disaster. E-bike gross sales alone noticed a 190% jump in June 2020 in comparison with the identical month final 12 months, in accordance with NPD.

Depman attributed this elevated demand for e-ride possession to price, entry and well being security. He additionally mentioned shared micromobility companies are restricted of their automobile choices, and the “single kind issue these firms have might not be the proper one for you.” By choosing e-ride possession, shoppers can choose automobiles which might be extra suited to their wants, resulting in extra use within the long-term.

Ridepanda was developed to assist shoppers in navigating these e-ride choices. Malaviya referred to as the present on-line procuring surroundings “the wild, wild west,” saying it is tough for shoppers immediately to discover a credible web site with an honest number of inexpensive and secure e-rides.

Malaviya mentioned Ridepanda was designed to observe a automotive dealership mannequin to assist prospects “simply uncover, purchase and personal” these automobiles. Whereas remaining model agnostic, Ridepanda evaluates all automobiles that seem on the location to vet them throughout key standards, and to gather automobile information that may inform the websites advice engine, Ridefinder.

Some main micromobility operators like Fowl are exploring automobile choices out there for buy. Simply this week, Fowl unveiled Bird Air, a foldable, high-tech scooter out there for $600. Malaviya mentioned this automobile would match as an choice on Ridepanda, noting that he would like to accomplice with the likes of Fowl and different operators that transfer into retail.

And simply because the sudden introduction of shared-scooter companies in 2018 resulted in unexpected challenges for riders and cities, Ridepanda acknowledges a sudden spike in e-ride possession comes with its personal set of challenges. Bike theft is one explicit concern riders face in city facilities, with electrical automobiles a key goal for thieves as a result of their excessive worth. To mitigate this, Ridepanda affords specialised insurance coverage that buyers can add to their product buy.

Ridepanda can also be working with the likes of PeopleForBikes and the League of American Bicyclists to advocate for higher coverage and regulation round road use and security. “We consider metropolis streets belong to pedestrians,” Depman mentioned.


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