Mar 20 • 18:54 UTC 🇫🇮 Finland Iltalehti

Harsh news for scooter users - Prices have skyrocketed

Rental prices for electric scooters in Finland have surged due to increased insurance costs.

Electric scooter rental prices in Finland have seen a significant increase, primarily due to the rise in insurance premiums mandated for rental e-scooters. According to Ryde, a company that rents out electric scooters, the surge in prices is attributed to the new requirement for traffic insurance that comes into effect in the summer of 2024, which must be covered by the scooter companies themselves. This has led Ryde to raise the prices of its long-term rental passes, stating that the increase was necessary for them to continue offering these rental services to their customers.

In addition to Ryde, other companies in the scooter rental market are also adjusting their prices, with Voi's public affairs director Hannu Oskala confirming that prices have increased compared to the previous season. The hikes are mainly observed in their longer-term rental options, such as daily, three-day, and monthly passes. The move to increase rental prices is seen as a direct response to the financial implications of the new insurance regulations, which place an additional burden on scooter rental companies.

In their statements, both Ryde and Voi have expressed their commitment to working with authorities and insurance companies to alleviate the situation for users, emphasizing that they regret the impact these price increases have on customers. The future of scooter rentals in Finland could be influenced significantly by these changes, as increased costs might lead some consumers to reconsider their reliance on e-scooters for short-term transportation.

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