Hybrid Electric Vehicles

Stop Worrying About Petrol, Introducing ‘Wheels’ Which Offers Hybrid Electric Vehicles At An Affordable Price

| < 1 minute read

  • Industry: Ecommerce
  • Funding: $87M
  • Investors: DBL Partners

Wheels is a shared electric mobility platform that’s designed to promote smart city projects around the world. Wheels lets you rent wheels (motor pods) for a day, a month, or even a year. They will take care of the maintenance and all other expenses related to it. If the motor pod stops working, you will find a new one parked just for you.

The company offers hybrid electric vehicles with a sleek design, swappable parts, batteries, built-in Bluetooth speakers, and many charging points so that you commute with ease and remain safe.

Wheels currently operates in six markets, including San Diego, Los Angeles, Atlanta, Chicago, Dallas, and Scottsdale, Ariz. The plan is to use the funding to deploy in additional markets throughout the U.S. and international markets.

The company is further looking to expand in some other countries, as per reports- by 2030, 40 percent of the market will be captured by electric vehicles. And tensions in the middle-east also allow leaders to think about the future, and electric vehicles are one of the best options to tackle global warming, war for oil, high import costs of oil, and many others.

 

 

SHARE THIS POST
Posted in

About the author

Related Posts

Startup Of The Week- Prerna’s Ice Cream

Prerna’s Handcrafted Ice Cream has introduced India’s first gluten-free dairy ice creams that are prepared with low-fat cream (no milk at all) and have no stabilizers, no emulsifiers, no preservatives, no artificial flavours, no artificial colours or thickeners added to them. Our ice creams are pure, all-natural, and 100% vegetarian. Devoid of any artificial additives, our brand is paving the way for revolutionary ice creams packed with a healthy punch.