ECO WAY
Today, ecological projects have become a key element in ensuring sustainable development capable of maintaining balance in nature. The development of green technologies and environmentally responsible methods not only supports the environment but also provides innovative opportunities. Supporting the development of eco-projects not only contributes to nature conservation but also creates promising paths for economic growth and social responsibility.
ECO WAY is an innovative Sustainable Startup in Dubai focused on manufacturing electric bikes and establishing a network of battery exchange stations.
The main goal of the project is to provide transportation for delivering groceries and small parcels and ensure fast battery replacement using a new approach to organizing the charging station network. The main mission is to improve the quality of life in the region by creating conditions for a quick transition from gasoline scooters to eco-bikes.
The eco-transport market is extensive and promising, with its development and scaling supported by global programs to reduce air emissions. Currently, this market is not saturated, and there is no strong competition, creating very good prospects for the future.
In this context, support for the ECO WAY project by municipal authorities fully aligns with the strategic goals of the United Arab Emirates in the field of ecological transformations – a crucial competitive advantage.
Reducing the number of gasoline motorcycles on the city’s roads contributes to improving air quality, reducing noise levels, positively impacting physical and mental health.
Another competitive advantage of ECO WAY is eco-bikes and the battery exchange system.
Specifically for delivery services, three new models of electric bikes have been developed with a range of up to 120 km and a speed of up to 110 km/h.
ECO WAY bikes in their performance category are similar to the Yamaha N-max ABS 2021 model but are more economical. They use CATL NCM batteries that collect and analyze data in real-time. Thanks to the new approach to creating the charging station network, the battery replacement process can be completed within one minute: just remove the discharged battery and take a fully charged one.
Strategic partners of the project include Talabat, Pizza Hut, Hardees, Amazon, Deliveroo, Uplift, KFC, and others. Contracts are also planned to be concluded with other leading players in the delivery market.
ECO WAY has already started expanding into new markets. A company has been registered in Indonesia specializing in the sale of next-generation electric bikes. Expansion to other emirates, Gulf countries, and Europe is also planned. From 2024 to 2026, ECO WAY aims to introduce 30 000 bikes onto the roads.
For more information, please contact us.