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Disrupting a Huge Market

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The UK Market for Paid Rides is currently satisfied by 381,000 Drivers of Taxis, Ubers, Black Cabs  and Limos - (DfT 2024)

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Drivers average ~70,000 Miles per Annum. Replacement TAM - 26 Billion Miles per Annum. 26,670,000,000 Miles per Annum

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The Current Average Market Price Per Mile paid by British Riders (PPM) is ~ £3.50 (Detail) 

London Based Black Cabs can charge over £5.00 per Mile at peak times. 

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Embodied Intelligent Autonomy (AI) enables massive cost reduction plus enhanced Rider experience by taking the Driver Out.

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Our dedicated BEV Robotaxi Cost Per Mile (CPM) weighted average across 2 different vehicles is £0.28 Pence per Mile .

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​This business plan is about Miles: Price Per Mile ( PPM), Cost Per Mile (CPM) and Profit Per Mile (PPM). 

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Our Price Per Mile ( PPM) elasticity enables > 50% Gross Margin even as low as £1.00 per mile. > One Third current market price.

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The Replacement TAM is just the start. Jevons Paradox applies with enhanced quality at substantially lower prices.

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Total Vehicle Miles Travelled (VMT) is the ultimate End Game with a PPM less that Public Buses & <3 Min Wait Time 

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The Technology 

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We leverage  Tesla technology and their strategy of appointing Independent Fleet Operators to operate within the Robotaxi Eco System.We are a Value Added Intermediary with huge scale opportunity that enables asset light market dominance by Tesla. 

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The Scale Model

 

This is a local Branch model. The economic enemy is Empty Miles with no paying passengers. Dead Head miles are minimised 

by Local operating density. Our Pilot architecture defines a profitable start point of 12 vehicles per branch on day 1. 

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Single Vehicle Economics. Max 

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Cost Per Mile                        £0.28P*

Price per Mile                       £1.50

Average Trip Length             5 miles 

Revenue Per Trip                  £7.50

Profit Per Trip                        £6.10

Average Duration.                20 minutes

No of Trips Daily (10 hours) 30

Daily Revenue                       £225.00

Daily Profit                             £183.20  

Annual Profit (312 days)       £57,096

 

Single Vehicle Economics. Weak

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Cost Per Mile                        £0.28P

Price per Mile                       £1.50

Average Trip Length             5 miles 

Revenue Per Trip                  £7.50

Profit Per Trip                        £6.10

Average Duration.                20 minutes

No of Trips Daily (8 hours)  20

Daily Revenue                       £150.00

Daily Profit                             £122.20  

Annual Profit (312 days)       £38,064

No Of Vehicles per Branch      12 

No Of Branches                         10

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*Av Weighted CPM 

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