Photo - Car-Fetch
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Car-Fetch

Sustainable mobility

UAE
Market: Transport
Stage of the project: Idea or something is already done

Date of last change: 23.02.2020
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Idea

Car-Fetch is a social impact and sustainable mobility company focusing on providing hardware, software and automotive solution to corporate, government entities, SMEs and Schools.

Current Status

Complete research for both hardware and software solutions have been completed. We have also identified suitable electric automotive manufactures partners. We can start providing electric car solution to all stakeholders immediately, while we continue developing our hardware and software, since the digital solution is mainly to target the internal combustion subscribers.

Market

UAE and MENA

Problem or Opportunity

- Congestion : 24 per cent of CO2 emission in Dubai are caused by transportation

- Pollution :There are least 450,000 cars daily on Dubai roads causing heavy congestion rate in major roads heading to Down town Dubai, Marina area and Jebel Ali.

Solution (product or service)

1. Design and implement a digital solution to help companies manage energy consumption and emission. This will be an AI system called Car-Talina which will educate companies on how to lower emissions and other driving habits such as acceleration, braking and speed.
2. Finance electric and electrified vehicles to companies at a monthly rate per vehicle or subsidised rate when they buy 10 or more.
3. Car-share for corporate initiative : Companies will assign certain number of electric and electrified vehicles for their employees to car share and pay on a monthly base. One vehicle will be assigned to 5 people on rotation, which will be used to pick their colleagues to and from work . For example a company with 100 employees and 100 cars daily will reduce to at least 20 cars daily if every employee is on the car-share initiative.

Competitors

- Tesla
- Uber and Careem
- ION

Advantages or differentiators

- Hardware to manage CO2 emission in ICE (Internal combustion engine)
- Central database for residence and government to monitor every organisations energy usage and emission.
- Mass car-share targeting specific group and demographic.

Finance

Upon request

Business model

B2B business model.

Money will be spent on

- Developing hardware and software to meet industry standard
- Patent Filing
- Salaries for 3 staffs

Offer for investor

Upon request

Team or Management

Risks

Only the Car-share initiative is at risk. But the technological solution is an aspect that is risk free as we will file for a patent before lunch and also work with the Government to solidify our vision

Incubation/Acceleration programs accomplishment

In5 Tech
Dubai Start-up Hub
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video