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An electric vehicle market has paved the way for cleaner and zero-emission methods to transport passengers across busy city roads. A few years back, cheaper, more powerful, and easier to fuel combustion engines faded away from the trend of battery-powered vehicles in all parts of the world. Many companies have already laid out strategies for achieving 50% electrification by 2025, and 100% by 2030. But 2021 brings a great revolution in the eclectic cars industry. No matter if you're in New York, London, California or elsewhere you can expect to see a huge jump in the number of electric cars on roads.
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To take advantage of the industrial revolution, major taxi brands like Uber, Lyft, Grab, Ola, and more are planning to step up with electric cars by 2025. If you too want to flourish business with futuristic solutions to enjoy more profits and gain customer attention. You must read this Electric taxi business plan. You will understand here:
Let's embark…
As we all know, the major players in the taxi dispatch software business are Uber, Lyft, Ola, and Grab; therefore, this section is created to unveil to define their strategies in electric taxi building.
Related Article: How to Start a Taxi Business in USA
Investing in Electric cars is one of the major investments by the taxi business. Therefore you must make this decision wisely by considering all the pros and cons of investing in vehicles. Here we have a list of top-rated vehicles for your business success. You can pick them or look at similar options that fit your budget and business needs.
| Cars | Availability | Expected price | Charge Timing | Battery | Seats |
| Hyundai Ioniq Electric | UK/US | £29,950/$31,000 | 47 mins -20 hours | 38.3 kWh | Five |
| Volkswagen ID-3 Long Range | UK only | £39,500 | 36 mins - 39 hours | 77 kWh | Five |
| Chevrolet Bolt EV | US only | $37,500 | 37 mins - 9 hours | 66 kWh | Five |
| Nissan Leaf e-Plus | UK/US | £33,000/$34,000 | 35 mins - 28 hours | 62 kWh | Five |
| Tesla Model 3 Standard Range Plus | UK/US | £40,000/$35,000 | 29 mins - 25 hours | 66 kWh | Five |
| Peugeot e-2008 SUV | UK only | £31,000 | 31 mins - 23 hours | 37 kWh | Five |
Electric taxis are an effective solution for the environment, drivers, and riders. Therefore, the popularity of these cabs is increasing in many city streets. Let's have a look at the influencing reasons of it:
Shifting from fuel to battery-powered cabs helps to reduce up to three tonnes per year carbon emissions. Because fully electric taxis lack an exhaust system, therefore they produce no pollutants. Its results contribute to clean air and minimize greenhouse gas emissions.
As the fuel prices are reaching new heights every day, running fuel vehicles on roads can drain your wallet. Whereas electricity is a less expensive choice compared to gasoline. The driver can easily charge the battery anywhere.
Electric charges are more convenient to charge than gasoline cars refilling. Your drivers don't have to rush to market every time. They can easily charge batteries from standard household sockets before hitting the roads.
Electric vehicles have moving components that can be repaired easily by detaching. On the other hand, diesel and petrol vehicles need extensive maintenance, ranging from regular oil changes to fixing the exhaust system.
Many governments are rewarding drivers with moneyback offers on electric cars usages and promotions. Your business drivers can avail themselves of the opportunity that helps them to save money.
Electric vehicles operate on a renewable emergency resource. Therefore it does not release any toxic emissions or smoke into the air. As a result, with e-taxis, you'll feel proud that you are contributing to a safe and environmentally friendly technology.
When there are more electric cars on the road, the fuel price in international and national markets will surely reduce. All credit goes to less usage of fuel cars on roads.
Electric car charging is as easy as your phone, tablet, or other devices. Drivers just need to put the charger into any standard AMP outlet. You can charge at a comfortable place.
Read Decision Making Facts: Demand, Trend & Forecast of Taxi Business
You may hear that the Government has brought forward its ban on new petrol and diesel-fuelled cars, including hybrid sales from 2035 to 2030. Therefore the UK is planning to achieve its zero-carbon target by 2050. As a result, it's becoming challenging for existing companies to stay longer with gasoline vehicles.
To encourage electric cars on roads, every Government is taking initiatives. For instance, Britain's Government, at the end of 2020, pledged to invest in building electric cars networks, for the electric vehicle owners will get a charging point within a distance of 30miles. More charging points mean more opportunities for your business to stand in the competition era and charge without waiting too much.
Boris Johnson, Prime Minister of the United Kingdom, also started expanding offshore wind power capacity from 30 gigawatts to 40 gigawatts by 2030. This helps vehicles to become environmentally sound.
Passengers who are fretting about certain categories of vehicles. There is good news for them: cars manufacturing major players Audi, BMW, Mazda, Ford, Honda, Jaguar, Citroen, Dacia, Lexus, Suzuki, Renault, MG, Seat, Tesla, Vauxhall, and Kia are working on pure electric versions of existing vehicles. Source: Forbes
Things Might Trouble You
Related Article: Top Features and Cost Estimation to Develop an App Like Uber!
Plan to develop Customised ETaxi Business App
Your fully featured app can be a solution for your every trouble. You just need to switch to our electric taxi business app. We will provide you:
When it comes to building apps, a few things strike your mind. The two most common are:
Research is Crucial!
Good research work has the ultimate role in building your app. The research could involve
Once you have done all these features, the next step is to choose a professional app development company.
Developing electric taxi software is not an easy game. There can be lots of challenges that comes in your way, such as
The issues not only end up here. There are many others on your way a lot when you start building an app. Therefore major market players choose us for their world-class solutions and on the stipulated time.
Startups should know: How Much Do Taxi Companies Make Money
Still, something might be holding you back. Let us guess, IT'S YOUR BUDGET.
Don't fret, and we have solutions for everything. Based on your needs and expectations, we have an affordable solution for you. Let's have a look at these:
More Options to Explore.
Opportunities to boost E-Taxi business Revenue
| Passenger App Features List | Driver App Feature List | Admin Panel Feature List |
| Login/registration | User Login/registration | Multi-Currency Support |
| Select car type | Edit Profile | Edit Profile |
| App Feedback | Multi Currency Support | Role Management |
| Automated E-receipts (invoice) | Accept Ride | Vehicle Management |
| Quick Bookings | Cancel Ride | Complaint Management |
| Scheduled Bookings | Start & End Ride | Trip/cab Tracking |
| Book For Others | Contact Passengers | Dynamic UI |
| Cancel Booking | Vehicle Tracking System (GPS) | Rate Card |
| Edit Profile | Multi-Language Support | Vehicle Tracking System (GPS) |
| Sms Alerts | Notification To Drivers | Flexible Payment Options |
| Invite New Users | Rate Card | User/customer Management |
| Trip Sharing | Email Alerts | Trip Management |
| Earn Credits | Automated E-receipts | Revenue Management |
| Vehicle Tracking System (GPS) | Dynamic Ui Rendering | Rate Chart Management |
| Flexible Payment Options | View Trip Routes Using Gps | Track Daily Reports & Transactions |
| Trip/cab Tracking | Sms Alerts | Flexible Vehicle Options |
| Automatic Fare Calculation | Trip/cab Tracking | Driver Management |
| Rate Card | Automatic Fare Calculation | Trip Invoice |
| Android & Ios Device Support | Scheduled Bookings | Geolocation Boundary Settings |
| Multi Currency Support | Android & Ios Device Support | Automatic Fare Calculation |
| Safety Options(SOS) | ||
| See Estimated Time Of Arrival | ||
| Notification To Passengers | ||
| Dynamic Ui Rendering | ||
| Address History | ||
| Multi-Language Support | ||
| Email Alerts | ||
| File Complaint |
The expected cost of a customized Uber like app solution depended on building houses and technologies used. Majorly your budget expands with increasing features, functionalities, expected scalability of your electric taxi booking software development. Here are some other elements that contribute to the cost building of the app are:
In case you want to know more about app development costs, you can schedule our Demo by Spending NO MONEY NOW!!!
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