Revving Up Progress: eTukTuk Setting New Standards in EV – Tesla for Developing Nations?
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eTukTuk is working to rev up the progress toward sustainable transportation in developing countries through its suite of electric vehicle (EV) solutions.
The project is setting new standards in EV production, helping it to earn the reputation of becoming the Tesla for developing nations.
Its TUK token is your gateway to start earning rewards from this fantastic sustainability project, with rewards increasing as the charging network expands.
The presale is quickly gaining momentum as it raises over $180,000, demonstrating the building FOMO in this project.
eTukTuk Aims to Rev Up the Sustainable Transportation Revolution for Developing Countries
eTukTuk is on a mission to rev up the sustainable transportation revolution for developing countries.
The project is the world’s first automotive project built on the Binance chain, which provides long-term rewards for all investors.
Described as the most revolutionary sustainability project for the developing world this decade, eTukTuk is undoubtedly rooted in the real world.
The project intends to launch a more affordable and wildly accessible charging and electric vehicle solution in Sri Lanka this year, with plans for global expansion after the blueprint is set.
The project understands that the developing world faces a health crisis, with 99% of the population breathing polluted air.
While outdated vehicles significantly contribute to pollution, the 200 million registered tuk-tuks are the most significant cause of air pollution.
The developing world uses tuk-tuks as a cheap mode of transport for daily travel across the city.
However, the legendary internal combustion engine of the tuk-tuk has been proven to emit more carbon emissions than regular vehicles.
This is what eTukTuk intends to change with its groundbreaking three-wheeler EV solution.
Is eTukTuk Considered an Accessible Version of Tesla? Setting New Standards
eTukTuk is setting new standards in the EV sector through its affordable EV-powered three-wheeler.
Alongside its three-wheeler Zero Emission Vehicle (ZEV), eTukTuk is also innovating the charging landscape to roll out an efficient charging network through territory partners to reduce start-up inefficiencies.
The team has spent five years perfecting its EV three-wheeler and is ready to start production and roll out later this year.
The eTukTuk can be locally manufactured using fewer than 200 components.
Furthermore, the vehicle is also built to be safer and more reliable than traditional tuk-tuks, with a patented roll cage design and an LFP battery.
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
As a result of the local manufacturing, the production and operational expenditure for eTukTuk drivers could drop by as much as 78% compared with the traditional tuk-tuk – allowing drivers to earn more money.
With the two and three-wheeler EV sector expected to grow into the largest category of EVs by 2030, eTukTuk is quickly earning the reputation of becoming the Tesla for the developing world.
Tesla has made world-changing progress in the EV sector, but its technology is still far too expensive for developing countries.
This is where eTukTuk steps in.
Its EV solutions are designed to be accessible to the developing world, helping them shift into the sustainable transportation age.
First Target: Sri Lanka Before Global Rollout
The good news for investors is that they won’t be waiting for eTukTuk to start production.
The team plans to start rolling out its EV solutions in Sri Lanka by the end of the year.
With fuel prices rising at pumps in the region and 2.7 million registered tuk-tuks, the country represents the perfect testbed to create a blueprint for operations.
The project has partnered with the Capital Maharaja Group (CMG) as its Territory Partner in the region, which will help to strategically place the charging stations to allow for frequent charging for drivers.
Once the blueprint is set in Sri Lanka, the team will expand to neighboring countries.
TUK Token: Access to Rewards for Charging
TUK token is your access to rewards from this expansive ecosystem.
TUK forms the backbone of the ecosystem, helping to power the transportation revolution.
The utility token has been carefully designed to provide rewards from long-term network participants.
Drivers will need to use TUK to charge their vehicles at charging stations, providing a network fee for all stakers on the network.
As the number of charging stations grows and the network is used for more charging, stakers collectively earn a greater yield.
As a result, investors believe there are 50x long-term returns from this project, which is why early adopters are rushing to get positioned – pushing the fundraising beyond the $180,000 milestone.
The presale is currently selling the token for a price of $0.0245.
However, a rising pricing mechanism means early buyers benefit the most as they get positioned at lower prices.
Overall, TUK is the perfect gateway to long-term returns from an EV solution revolutionizing transport in the developing world.