The project has been hailed as becoming the Tesla for the developing world as it seeks to introduce a series of affordable EV solutions to the region.
Best of all, those holding the $TUK token stand to earn long-term rewards as the charging infrastructure for the network expands.
Here’s everything you need to know about this revolutionary sustainability project.
eTukTuk Pushing Three-Wheeler EV Sector to Developing Nations
eTukTuk is on a mission to bring EV solutions to developing countries, helping make the revolutionary shift into a sustainable future.
The project has been described as one of the most important sustainability projects for the developing world this decade, as it intends to bring a shift in consciousness to underprivileged societies.
eTukTuk is firmly rooted in the real world, making it one of the only Web3 applications capable of making a real-world impact.
While the developed world has enjoyed the EV revolution in the past decade, the technology from market leaders such as Tesla is still far too expensive for the developing world.
eTukTuk intends to change this through affordable EV solutions, starting in Sri Lanka in 2024.
The team will set the blueprint in Colombo, Sri Lanka, before expanding into neighboring territories.
The first EV solution is its groundbreaking three-wheeler EV, designed to replace the traditional tuk-tuk.
With over 270 million tuk-tuks registered globally, they’re the most popular mode of transportation for developing economies.
However, the internal combustion engine tuk-tuk emits more carbon emissions than traditional cars, making them a major problem in the fight against air pollution.
eTukTuk believes its Zero-emission Vehicle can help combat this.
Local Manufacturing and Charging Infrastructure
1/ Hold onto your seats as we introduce eTukTuk – The Future of Urban Mobility.
In this thread, we’ll unveil the exceptional features that are set to transform the way we navigate our cities.
Safety, efficiency, and sustainability are just the beginning. 🧵 pic.twitter.com/8zwd6sxuoq
— eTukTuk (@eTukTukio) August 31, 2023
eTukTuk has spent half a decade perfecting its design and is ready to start its production run in 2024.
The eTukTuk is built with sustainability in mind and is safer and more reliable than traditional tuk-tuks.
The vehicle has a patented roll cage design to keep passengers safe and uses an LFP battery system that comes with an eight-year lifespan.
The EV can be locally manufactured as it is composed of fewer than 200 components.
As a result of the local manufacturing, the team believes the operational expenditure for the eTukTuk can drop by 78% compared to traditional tuk-tuks, helping drivers take home more wages.
Alongside its revolutionary EV design, eTukTuk will also bring new efficiency to charging through its network of charging stations.
The team will leverage intellectual capital by onboarding Territory Partners to help strategically place charging stations to ensure the frequency of charging for drivers.
Territory Partners will help reduce startup friction and obtain network coverage as fast as possible.
With the two and three-wheeler EV sector expected to grow into the largest segment of the EV industry by 2030, eTukTuk is positioning itself as a leader in the space and will see exponential growth as its fleet of three-wheelers starts to hit the road.
Earn Rewards For Holding $TUK Tokens.
Those interested in investing in this project can earn long-term rewards by simply holding the $TUK token.
$TUK forms the backbone of the ecosystem that will power the ecosystem and provide rewards for holders.
Drivers will be required to pay to charge their vehicles using $TUK tokens through the Driver App.
This creates a network fee for all $TUK stakers on the network.
As a result, the collective yield for $TUK stakers increases as more drivers charge their vehicles.
All charging stations in the network will be OCPP 2.0 compliant, expanding the reach of vehicles that can be charged.
Overall, eTukTuk has built a dynamic multi-revenue model that provides long-term rewards to holders by balancing sustainability with innovation.
Get Invested Today Before Prices Rise
The presale continues to grow in popularity after raising an impressive $400,000.
The presale allows you to secure your $TUK investment at an early adopter price, which will be the lowest price available before the token launches and goes mainstream.
$TUK is currently being sold in the presale for $0.02525. The token can be purchased on the project’s website by swapping ETH, BNB, or USDT on the presale interface.
Those getting positioned earlier benefit the most as the presale uses a rising pricing strategy. This means the token’s cost increases during subsequent presale phases.
Overall, eTukTuk is ready to change the EV sector by introducing its three-wheeler EV to the developing world.
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