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A company that offers electric transportation for ride-hailing aims to introduce electric cars combined with blockchain technology to the ride-sharing industry in the Middle East. The company is pioneering the adoption of electric vehicles and blockchain technology in the e-hailing and ride-sharing segment. This has resulted in extraordinary technology that creates a unique platform in the region and contributes to pollution control due to its environmental design.
Gulf-El stands out in the crowded field of ride-sharing services with its strong emphasis on sustainability and advanced technological integration. The company's entire fleet of electric cars complies with the world's environmental goals, implying that the green solution is an alternative to standard gasoline-powered ride-hailing services. "Electric is a mode of transportation in the future, whereas cryptocurrency is the money of the future," is how the founder of Gulf-El views the relevancy of the company's roles in sustainability and innovation.
The platform's blockchain technology guarantees safe transactions. It handles customer acquisition and driver management quickly and easily and at a much lower price by not having to use other e-hailing services as intermediaries. So, efficiency improves the user experience and gives Gulf-El the money for re-investment, which allows the AI-driven platform to evolve continuously in terms of quality and operational efficiency.
With a track record of over seven years in the automotive sector and a background that includes successful business undertakings across various disciplines, the founder of Gulf-El is a rich repository of knowledge and skills for this new endeavour. "Having worked in partnership with major world wide companies in automotive and transportation and spending the last year studying the GCC market, I identified a unique opportunity to enter the ride-hailing industry in the UAE," the founder explains. "The market here is competitive yet highly profitable, and by avoiding the mistakes made by larger competitors, we believe Gulf-El has the potential to thrive."
Gulf-El is now in talks with HOLORIDE, a VR vehicle solutions technology firm, ensuring that the passenger experience is improved with VR technology being part of Gulf-El's fleet and thus introducing a new and more comfortable way of traveling regionally. Another item to note is that Gulf-El's AI-powered e-hailing platform will bring in more while cutting costs, thereby underlining the company as a clear leader in the transportation sector.
The Gulf-El financial model, as an application of technology, is not only a breakthrough but also a very innovative innovation. It is forecasted to share 80-90% of operational profit from the transportation business, and they have a notion of getting 30-40% of that profit into the advanced AI e-hailing platform. Gulf-El also plans to pay its investors 20% annually, with clear expectations of an incredible pace of development in the future. In 2028, Gulf-El should be able to run a 1000-car fleet with a working 1.5- 2 million-user platform with an expected valuation of 200 millions USD.
Having established its investment platform as Gulf-El, promising traction has been seen with over 300 active investors since May 2024 and a large community in social media. For those interested to invest in the private sell round, please access the website presale page or direct in the landing investment page https://shop.gulf-el.com/register/signup.
Now, the company is in talks with several business angels and venture capitalists and is trying to get more funding to speed up growth in the company in its preparation for the next phase of development, which will include the introduction of a Full Self-Driving (FSD) Robotaxi. This ambitious vision, grounded in innovative technology and sustainable practices, will make Gulf-El a significant institution in the GCC region in the coming years.
Contact Info:
Name: Mihai Petrea
Email: Send Email
Organization: gulf-el
Website: https://www.gulf-el.com/
Disclaimer:
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You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.
Release ID: 89140522
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