The first 10,000 taxis will be in circulation by the end of 2024. Annual production in 2025 will be 45,000 units and will reach 100,000 units per year in 2027
The international company, based in Gibraltar Etioca, has presented the functional ‘Miner’ prototype to taxi drivers in the Spanish capital Madrid in what was its second outing on the road in Spain, following a visit to Barcelona a few weeks ago. Costs for using the vehicle
start from 0.36 euro cents per kilometer travelledbut packages are also offered with additional services such as battery replacement, daily vehicle washing, insurance, maintenance and replacement of the vehicle in the event of a breakdown.
Currently, taxi drivers have the option of filling out a pre-booking form, which is available on the website www.etioca.com, where they can register with a payment of 100 euros. This amount allows to manage the feasibility of the order and will be refunded the same day to future drivers on the Etioca debit card
the vehicle will be delivered to them, starting in 2024.
Etioca Taxi ‘Miner’, the first project of the Etioca ecosystem, comes after five years of analyzing the needs of the taxi sector and urban mobility trends. It is a vehicle designed for taxi drivers and allocated for their use, without the need for prepayments, and with daily electric charging (battery change), daily washing of the vehicle, insurance and ordinary and extraordinary maintenance. In fact, it is aimed at a new generation of business taxi drivers who are no longer obliged to buy a car, but can use it for their own use thanks to Etioca.
Similarly, taxi drivers who book in advance are registered in the Etioca application, reducing customer waiting times through geolocation and entering the network of application users, who can use the ‘Etioca ECO’ cryptocurrency (1 ECO equals 1 km traveled). Through this integrated system, every taxi driver will have the opportunity to receive cash back as a reward for their contribution to ‘mining’ each new Etioca digital currency. Etioca’s fintech and media system allows the taxi driver to increase his current bill by 20%.
For example, the first 10,000 ETIOCA taxis will be in circulation by the end of 2024. Annual production in 2025 will be 45,000 units and will reach 100,000 units per year in 2027. Etioca is seeking to increase the investment to $400 million to kick off the industrial plan and reach $1,200 million over the next three years.
90,000 pre-orders are currently being negotiated in Italy (where the model was designed and produced), Spain, Israel, Latvia, and to speed up production times, an agreement with an Italian strategic partner for the use of a production facility.
Source: La Verdad
I am Mary Fitzgerald, a professional journalist and author of the Today Times Live. My specialty is in writing and reporting on technology-related topics. I have spent the last seven years extensively researching and understanding the field of technology so I can properly inform my readers about developments in this ever-evolving world.
