Ivan Kroshny, a Ukrainian entrepreneur who established the Roasters Specialty Coffee House chain in Dubai in 2021, observed the prevalent use of gasoline-powered bikes and scooters for delivery services in the city. Recognizing the environmental implications of such practices, including CO2 emissions and respiratory health risks from pollutants like Polycyclic Aromatic Hydrocarbons (PAH), Kroshny envisioned a solution.
In 2023, leveraging his expertise in electric vehicle manufacturing from China, Kroshny founded the EV delivery startup, Eco Way. The company’s mission: to replace gasoline-powered bikes with electric alternatives, addressing both environmental concerns and the UAE government’s focus on enhancing quality of life.
Eco Way meticulously researched the market, transport demands, and technological factors influencing electric vehicles. After extensive brainstorming, the startup honed in on the short-term delivery segment in the UAE, developing three versions of proprietary e-bikes tailored for delivery purposes: H-9 City, H-9 SPORT, and H-9 PRO. These e-bikes boast speeds of up to 100-110 km/h and a range of up to 120 km, equipped with GPS trackers for real-time monitoring.
Powered by CATL batteries known for their reliability in hot climates, Eco Way’s e-bikes incorporate advanced features such as nano-rivet technology for structural reinforcement and AI-monitored battery management systems. The startup offers these electric two-wheelers on a lease basis, inclusive of free parts, servicing, and maintenance.
Eco Way’s innovative approach extends to its charging infrastructure, with 13 strategically located stations enabling swift battery swaps. These stations, equipped with 12 charging slots each, ensure uninterrupted operations for couriers covering extensive distances daily.
Financial Outlook: The startup plans to charge around Rs 9.5 (AED 0.4) per kilowatt-hour for charging, with rental rates of Rs 80 (AED 3.5) for a single battery change covering 130 km. With ambitious expansion plans, including the introduction of 90,000 bikes and 180,000 batteries, Eco Way anticipates significant growth in the coming years.
Conclusion: Eco Way’s pioneering efforts in promoting sustainable mobility through electric bikes align with the UAE’s vision for a greener future. By embracing innovation and eco-friendly practices, businesses like Eco Way contribute to the nation’s journey towards achieving net zero carbon emissions by 2050.
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