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eTukTuk is on a mission to bring sustainable transport to developing nations with its innovative three-wheeler EV and charging infrastructure.
The project is the newest innovation in the Web3 and Electric Vehicle (EV) sector, looking to unleash a dynamic multi-revenue ecosystem that provides $TUK holders with long-term passive income as the network expands.
eTukTuk is quickly gaining momentum after raising over $370,000 in fundraising, demonstrating the building confidence behind this ecosystem.
eTukTuk Adament to Bring Affordable EV Solutions to Developing Nations
eTukTuk is adamant about bringing affordable EV solutions to developing nations to help them shift into a sustainable future through clean transport.
It will begin its efforts by releasing a groundbreaking three-wheeler EV designed to replace the traditional tuk-tuk.
The legendary tuk-tuk might be one of the most popular modes of transport in developing economies, with over 270 million registered worldwide.
However, the versatile vehicle that can weave between traffic has been proven to emit more carbon emissions than traditional vehicles, making it a significant contributor to global air pollution.
The eTukTuk intends to change this by introducing an electric version of the eTukTuk that is both efficient and affordable.
The technology developed by eTukTuk has earned the platform the recognition of becoming the Tesla for the developing world.
Although Tesla is making landmark progress for the shift to sustainable transport in the developed world, its technology remains far too expensive for developing countries.
eTukTuk is changing this through its revolutionary three-wheeler EV design.
Innovative Three-Wheeler EV With Charging Infrastructure
The team has spent over five years perfecting its design and is ready to start its product rollout in Sri Lanka in Q1 2024.
It chose Sri Lanka because it serves as the perfect testbed for its product, allowing it to set the blueprint before expanding into neighboring developing countries.
With fuel prices and pollution on the rise in Colombo, eTukTuk intends to tackle both issues through its three-wheeler EV.
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
The eTukTuk is built with sustainability in mind, using an LFP battery system that comes with an eight-year lifespan.
It’s also built to be safer than traditional tuk-tuks as it integrates a patented roll-cage design to keep passengers safe.
The production cost of the vehicle is significantly lower as it can be locally manufactured with fewer than 200 components.
As a result, the team estimates a 78% reduction in operational costs compared with the regular internal combustion engine tuk-tuk – allowing drivers to take home more than 400% in wages.
Furthermore, eTukTuk has an innovative charging system that will bring a new level of efficiency to the charging infrastructure.
It will roll out this infrastructure using local Territory Partners, who will strategically place the charging stations to reduce start-up inefficiencies.
Earn Long-Term Rewards Through $TUK
You can profit from this fantastic sustainability project by buying the $TUK token at the lowest possible price.
The $TUK token is the utility token behind the entire ecosystem, which provides rewards as the network expands.
Drivers are required to use the $TUK token when charging their vehicles, creating a network fee for all stakers on the network.
As a result, the collective yield for $TUK stakers increases as the charging infrastructure expands, giving way to long-term sustainable rewards.
Furthermore, the value appreciation of the $TUK token itself could lead to 50x returns.
Experts believe that the two and three-wheeler EV sector will grow to become the largest by 2030, and eTukTuk is positioning itself as a leader in the industry by being one of the first movers to release a three-wheeler EV.
Presale Gains Momentum: Early Adopter Prices Still Available.
The presale continues to build momentum after crossing the $370,000 milestone this week, demonstrating the building confidence behind the project.
Users can currently purchase $TUK tokens for $0.02525 by swapping BNB or USDT on the presale page on the project’s website.
However, it’s important to point out that the presale uses a rising pricing strategy, meaning that the cost of the token increases during subsequent presale stages.
As a result, those positioned in the project in the earlier stages benefit the most as they get placed at lower prices.
Overall, with its groundbreaking design, innovative charging infrastructure, and long-term rewards, $TUK is setting the foundation to become one of the leading crypto-based EV companies in the world.
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