Dott study unveils £1.1 billion potential boost to UK economy with e-scooter and e-bike services
In addition to potentially boosting the UK economy by £1.1 billion, Dott’s study shows that increased use of e-scooter and e-bike services could also result in significant health and congestion saving benefits.
Dott has announced that it has released a new report, revealing that e-scooter and e-bike services have the potential to provide a £1.1 billion boost to the UK 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 that 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 has been shown to contribute over £3 million to the economy. In addition, if just one in five of London’s two billion car trips switch to an environmentally friendly alternative, over £1 billion of benefits could be unlocked.
Researchers had calculated the direct economic contributions of Dott’s service in London, including wages, operations and spending on equipment. This had been combined with indirect economic impacts, consisting of:
- Congestion savings of £672 million, by all road users from reduced congestion on the streets if one in five London car journeys switched to e-bikes or e-scooters
- Time savings equivalent to £22 million, if 400 million London car journeys switched to a Dott e-bike or e-scooter – based on 4.7 million hours of potential time savings from switching to more efficient travel across the city
- Health savings of £371 million based on reduced pollution levels from car trips replaced by Dott if one in five car journeys are swapped.
Henri Moissinac, Co-Founder and CEO of 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.”
Dott has stated that the potential economic impact can be gained by encouraging more people to switch to e-scooter and e-bike services. the micro-mobility operator’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.
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