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ONE MOTO

Electric Vehicles

UAE
Market: Light industry, Logistics and warehouses, Food industry, Transport, Another
Stage of the project: Operating business

Date of last change: 10.02.2020
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Idea

ONE MOTO, a sustainable inner-city transport solution for both commuters and the last-mile/food delivery sector.

The only approved EVs in the UAE
Focused on B2B industry
Greatest performing vehicles - globally
EV Champion - EVRT Dubai 2020
Generated Sales of AED 2.7m
Launched The ONE MOTO Academy with RIT University
Media coverage

Current Status

Product ready
Generating sales AED 2.7m
Several MOUs with leading industry businesses (food delivery, last-mile)
Media coverage TV, Radio, Press and online.

Market

First/Last mile
Food delivery
Logistics
Governments
Passenger transport
Ride-sharing

Problem or Opportunity

ENVIRONMENT
Our planet is haemorrhaging and a large contributor to this is the inner-city commutes and petrol motorcycles. They produce 16x more hydro-carbons and are more damaging to the environment that SUVs. We have a solution for this.

FINANCIAL
By adopting electric vehicles we are able to provide a very cost-effective and cost saving opportunity to businesses, allowing them to expand without a large investment.

TIME
Having an inexpensive, high value more of transport allows roads to reduce in traffic congestion, cities can be semi-pedestrianised, less downtime and a reduced need for fuel based services.

Solution (product or service)

ONE MOTO is the solution, not just the hardware, but the software supporting it.

By collecting this data and working with TelCos, Intermetrics agencies, governments and the likes of operators and Google we are able to create a safer, more efficient roads and transport solution combatting damage to the environment in a measurable way.

Competitors

No other company are offering fully focused electric delivery motorcycle solution. One company in the UAE (Solva) are producing bikes but they are not certified as they are inferior in terms of quality, range, power and vision.

There are several e-scooter businesses, yet non have been certified by the government or RTA.

Advantages or differentiators

First to market.

Industry niche focused (delivery/last-mile)

R&D is a big focus and also the development of the software behind the hardware.

We have spent three years developing the range and ensuring we are future proofing technology.

IP on products

Trademarks.

Cost of ONE MOTO ownership is 50% of that of equivalent petrol delivery vehicles.

Finance

We are currently self-funded to the value of $630,000.

We are raising capital to:
Receive stock and start trial with customers to attain contracts and orders.
Build mobile application.
Marketing and Events.
Recruit a small and highly effective team.

Business model

Phase One - Direct sales
Phase Two - Leasing
Phase Three - EV charging
Phase Four - Mobility sharing

Money will be spent on

20% manpower GCC
30% marketing (although we have already met with the 30 clients we need)
35% stock fleet
10% software development
3% legal fees
7% SEO, online and e-commerce

Offer for investor

We are looking to secure a total funding of seed-capital of $3,000,000 will be offered 15% equity within ONE MOTO SCOOTERS TRADING LLC.

$1,000,000 will be paid back at a 15% return over 3 years.

Full financials can be disclosed for the 3-year UAE simulations generating a 25% EBITDA.

Team or Management

Risks

Growing at a modest pace allows for us to be superseded by a larger organisation, now we have set traction.

Incubation/Acceleration programs accomplishment

StartUp Hub - Dubai Chamber.

Won the competition and other awards

We are in launch phase (ask us again in 12 months)

Invention/Patent

Trademark of the brand.
IP of products.

Photos

Photo 1 - Electric Vehicles
Photo 2 - Electric Vehicles
Photo 3 - Electric Vehicles
Photo 4 - Electric Vehicles
Photo 5 - Electric Vehicles
Photo 6 - Electric Vehicles

Product Video

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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