After 160 hours spent operating as a "charger" in SF, for both Bird and Lime, this space is interesting. Here's my "back of the napkin math": $300 - vehicle co

After 160 hours spent operating as a "charger" in SF, for both Bird and Lime, this space is interesting. Here's my "back of the napkin math": $300 - vehicle cost (based on alibaba Xiaomi m365 estimates) $8 - average fare (unknown) 3 - rides per day (based on 90k rides in the first 30 days) $12 - daily cost of charging per vehicle 1% - daily fleet loss (might be closer to 2%) 1% - daily maintenance required (might be closer to 2%) After 100 days: 0 vehicles remaining Current return on capital: -8% Dynamic areas of the unit economics: - Increase number of fares per vehicle (increased battery life) - Increased average fare (increase pricing) - Decrease vehicle charging cost (current rate could be cut by about 65% to maintain competitive hourly compensation for type of work) - Decrease loss rate by implementing some sort of lock- tethering system