Major scooter rental companies Whoosh and Urent and their peers have announced plans to significantly increase their fleets as the market continues to grow despite logistical challenges.

Whoosh, Urent and other kickshares announced an increase in the scooter fleet

Representatives from the kicksharing business told RBC about their successes and forecasts:

  • The Whoosh service intends to increase the number of rental scooters to 70,000 in the first half of the year (in March there were about 50,000, that is, the increase will be more than 70%).
  • Urent reports stable growth: in February, the fleet consisted of 60 thousand scooters in 50 cities, at the moment there are already about 80 thousand vehicles in 90 cities, all spare parts and the scooters themselves are imported in the "planned volume".
  • Kicksharing Karusel talks about plans to scale by 2023 (increasing the fleet to 20,000 scooters, of which the company now has 7,000), and in the future also expanding its presence in Russia (from 19 to 31 cities).
  • The lite service would like to increase the fleet of scooters from 3,000 by the end of the year (of which 1,800 are in Moscow and the Moscow region) to 4,000.

According to the project, the volume of Russian kicksharing in 2021 was about 11-12 billion rubles, and all 50-plus market participants had electric scooters (including Whoosh and Urent, whose share is 70-80% , and Yandex.Go , which does not disclose its data to RBC), there were about 100-110 thousand scooters.

About 12 million customers used the services, and analysts predicted a stable growth of this market to a total volume of 35-40 billion rubles in 2024. It was assumed that for this it is necessary to increase the fleet to 300-350 thousand units. .

At the beginning of the year, these forecasts seemed highly doubtful, as supply chains were noted by all market players. Whoosh, for example, had a problem ordering American processors from STM (now the service is looking for Chinese analogues and local suppliers).

Other companies also report problems: for example, for Karusel kicksharing, the main difficulty is paying for purchases (specifically, making payments in foreign currency).

And yet, despite these temporary difficulties, the logistical and financial tasks were solved, and now's forecasts again look reasonable.

All services and companies related to relocation on a single map

In addition, it was the leader of the domestic kicksharing, Whoosh, who became the first hi-tech company to list bonds on the Moscow Stock Exchange for the first time since February 2022.

On June 24, Vush LLC closed the application book for the first issue of bonds traded on the exchange in the amount of 3.5 billion rubles. Initially it was planned to issue 3,000 million at a rate of 13.8%. During the collection of applications, the issue was increased due to the increase in interest and the rate was reduced to 13.5%.


Ekaterina Alipova

Source: RB

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.


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