Photo - Breez
61374

Breez

Robo-Taxi meets e-Bike meets Uber

USA, California
Market: Transport, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 08.02.2024
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Idea

Our mission is to empower College campus students to offer door-to-door rides to fellow students through our revolutionary autonomous micro-robo-taxi. It is like an e-bike meets Robo-taxi meets Uber.

Current Status

The Company’s market survey whose methodology is favorably documented by PEW research, indicates strong demand and potential.

We have developed bleeding edge technologies through rigorous dry runs, design simulations, prototyped vehicle and its sub-systems and planned revisions.

We have obtained an LOI from a top 50 US public university, which already has a full-self-driving van in service on campus.

We are negotiating with a global transnational engineering services partner for developing a production vehicle and its assembly line, on fixed bid terms.

Problem or Opportunity

The existing e-bike and e-scooter ride-sharing business model is broken for 3 reasons:
1. The cost to own and maintain a fleet is prohibitive.
2. The expenses for deploying field contractors to charge the vehicles nightly are also prohibitive.
3. Excessive vehicles are required at pick-up locations because once used, they end up at places where they are not likely to be rented again, resulting in poor utilization of just 1.5 rides per day per vehicle.

Through our disruptive business model enabled by our revolutionary autonomous micro-robo-taxi, we will eliminate all the above problems.

Solution (product or service)

We aim to revolutionize this space with Breez by selling it online to the college students, who can then combine personal usage with ride rentals during the day.
Breez will feature technology to navigate to riders all self-driven when hailed. The rider can then ride it manually door-to-door.
When recalled, Breez autonomously returns to its student owner, who then takes it home to charge overnight. Through this model, the student owners generate rental income, while we earn from ride commissions.
Door-to-door rides and self-driven features boost rides per day by 10x.

Business model

The Company will sell Breez online to college students at an attractive gross margin enabling a sales revenue stream. Additionally, when the Breez owners rent it for ride sharing to fellow riders, we will earn SaaS Revenue in terms of ride fees. Thus, we will have a dual revenue model. Our business will enjoy significant cashflow due to front loaded sales revenue while the ride-sharing SaaS revenue ramps up as the fleet size and the ridership community scales over a period.

Team or Management

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