In our EXCLUSIVE REPORT, ValueTheMarkets.com takes an in-depth look at this exciting micro-mobility play and what could make it one of the top share picks of the year.
According to McKinsey, the micro-mobility market could be worth $300 billion in the United States alone by 2030. The sector is growing at a phenomenal rate of 24.7% a year and firms in this space have attracted over $6 billion in start-up investment.
This revolution in urban transportation has been hailed by Micro-Mobility Industries as “the fastest technological adoption in history”. As cities struggle to cope with overpopulation and pollution, small electric vehicles present the future of swift, clean metropolitan transit.
It is quite astonishing how quickly E-scooters and E-bikes have proliferated on our streets.
Three years ago, very few people had even considered using an E-scooter or E-bike to get around. Fast-forward to today and there are already 500 million users of them worldwide!
Astonishing, but who will be the big winners in this ground-breaking market?
Two crucial factors will likely have the greatest influence over what firms emerge triumphant: product line and sales channels.
On BOTH counts LOOPShare, or Loop as it is known, has set itself apart from the competition.
Read our exclusive report on how LOOPShare’s electric vehicles will take the $300 billion micro-mobility market by storm
Loop’s flagship product line is at the heart of its plan to conquer the micro-mobility market.
The Loop E-Scooter and Scoot-E-Bike provide for very different travelling experiences and opportunities. Both electric vehicles have been designed to the highest standards and are compliant with all traffic laws in both the US and Canada.
As you will discover in our report, the Loop E-Scooter has a wide range of applications. These range from the recognised rideshare model to servicing the vast inner-city delivery sector.
All this is made possible by Loop’s proprietary, advanced mobile technology platform – LOOPShare Telematics.
The LOOPShare Telematics software allows for complete remote management of a fleet of Loop E-Scooters in real time. Operating what are known as “LoopZones”, Loop E-Scooter fleet operators can quickly and efficiently deliver everything from prescription medications and food to medicinal cannabis.
When you consider the thousands of dollars that delivery companies can spend on handheld devices alone, the sales potential for rolling out LoopZone around the world is enormous.
This “Transport-as-a-Service” model is set to become a huge revenue stream for Loop over the course of 2020.
Meanwhile, the acclaimed Scoot-E-Bike is rapidly attracting an increasing amount of attention across North America. Endorsed by a growing number of high-profile celebrities, including P Diddy, Snoop Dog, Brandi, Steph Curry, and Justin Bieber, the Scoot-E-Bike has the potential to become one of this year’s best sellers.
2019 was a year of careful preparation for Loop and its CEO, Matthew Clayton.
During the period, the company ran a number of highly successful pilot programs for its vehicles, secured important commercial collaborations, and launched the first LoopZone in the Middle East.
The foundation is now in place for Loop to convert its sales pipeline into significant revenue streams.
Sales of Scoot-E-Bikes look set to rocket, as more and more people become aware of the distinctive product. Pushed along by celebrity endorsements, Clayton and his team have been busy building a powerful wholesale distribution network of big-box retailers and e-commerce sites. By making the Scoot-E-Bike more readily available, Clayton expects to see a considerable increase in individual unit sales.
However, of the various different commercial opportunities in front of Loop, perhaps the most lucrative will be the partnerships it builds with hotels and tourist attractions.
In July 2019, Loop unveiled its first major one of these with Harbour Air, North America’s largest seaplane airline that operates 300 flights a day.
The two firms agreed a three-month trial at the end of last year, which saw Harbour Air conduct an exclusive review of Loop’s e-vehicles in Vancouver.
This was so successful that Harbour Air increased the size and scope of the deal immediately.
Loop now plans to build on this success by extending this partnership to other locations across Canada including Victoria, Richmond, Tofino and the world-famous Whistler Mountain, home of the 2010 Olympic Games.
Boosted by such an enthusiastic response, Loop has initiated the self-deployment of more than 200 Loop-E-Scooters across other North American cities over the coming months, to prove further the potential of its model.
The revenue potential is enormous.
To read more about LOOPShare’s exciting plans for the global market, download our exclusive report here.
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