Invest in ElectricGo
Never Get Stuck Again With A Dead Smartphone!
Highlights
Our Team
Never Get Stuck Again With A Dead Smartphone.
Customers, visitors, users, and employees, can now charge their electronic devices anywhere, anytime, on the go!
It's Disruptive: As Our Phones Get Smarter, ElectricGo Becomes Even More Indispensable...It gets to The Point Where Smartphone Users in North America and Beyond Cannot Go A Day Without ElectricGo!
It’s a universal truth that battery lives on phones are bad. Even with the giant batteries and external battery packs we tote around, most modern smartphones struggle to make it through a full day of use, while the best devices barely scrape through two.
The catch? Our phones have gotten better — and demanded more power — at a much faster rate than advancements that batteries have.
That’s because today’s rechargeable batteries are based on lithium cobalt, a battery technology we’ve been using since the early ‘90s, and we’ve largely reached the limit of how much power we can squeeze out of it.
While there is hope for the future (researchers are already investigating new battery technology, like solid-state batteries, that could open the door to more energy) There is also a huge stumbling block: by the time those new batteries roll around, our phones may be even more advanced and need even more power, which will leave us right back with the same, one-day battery life that we started with.
There is no end in sight to the external battery pack curse! And this is where Electricgoapp steps in to fill the void.
We strongly believe that an in-high-demand business sprout from finding opportunities in problems that are real "pain in the neck"!
Founder Gury conceptualized an innovative solution to the country’s “low power” problem by combining the behavioral change seen in the shared economy (Airbnb, Lime, Uber, etc.) and a network of physical charging sources that people can pick up when they need them.
Market Size
With 33milion estimated mobile phone users in Canada alone and approximately 273.76Million in the United States, ElectricGo is positioned to be a widely available mobile charging network across North America and beyond.
North American market revenue for high-capacity power banks is expected to progress at a CAGR of 18.6% from 2015 to 2022. The revenue is expected to reach US$929.6 mn by the end of 2016 and is projected to touch US$2.59 bn by 2022.
According to AMA, the Global Power Bank Rental Services market is expected to see a growth rate of 35.13% and may see a market size of USD2702.78 Million by 2027.
We are tapping into this. We presently share partnerships with 120 strategically located businesses all over the states.
Our Revenue Model
Our rental concept has its own software which is connected to the customer's electricGo app. When a user scans a QR code, the app sends a request to the station, which releases a power bank. The rental cost is $3 per hour and is charged automatically from an in-app balance that the user needs to replenish. Purchase option is also available for $59.97 per power bank.
We will also generate revenue by selling advertising space on the power bank itself and selling advertisement space on the actual charging station.
Our hit locations are Cafes and Restaurants, Bars and Clubs, Retail and Education campuses, Commercial Spaces and Others) and major geographies with a country-level break-up. There could be an iteration where kiosks are not required if there are partnerships with venues and a mobile network (i.e. Uber or Lyft drivers).
ElectricGo Removes the pain(battery drainage) From the process(Using smart Phones)
ElectricGo was born through its founders’ experience in using the smartphone in the cooperate setting, where they must do so many different things from booking the next hotel space for a conference, checking email, texting, checking the weather and news, making appointments, and initiating bank transactions.
With a battery life that failed over and over again to take them through all these on daily basis, they saw the need to make think outside the box. ElectricGo concept is similar to "charge as you go" it is inherently far easier than what's out there: you don't have to carry heavy power banks around or keep them charged. You don't also have to ask the bartender or restaurant attendant "for a favor". At any stop, over coffee, lunch or brunch, you can now charge as you go.
ElectricGo challenges the status quo of conventional power banks.
A survey conducted by the Bank of America in the United States reports that 91% of the people say that their smartphone is very important. 60% say that it is even more important than their daily coffee. For 96% of Millennials (people aged 18–24) the smartphone is very important and for 93% it is definitely even more important than deodorant and for 93% more than having a toothbrush.
Without them, we feel just as stranded as a dead Tesla.
We have solved the long-standing issue of carrying power banks around, asking the bar/restaurant tender for a favor or spending the rest of the day trying to figure out where and how to get the next charge.
Better For The People, Kind To The Planet.
- 100% powered by Renewables
We are proud to take responsibility for our emissions footprint and choose 100% renewable energy.
- Circular by Re-using
One ElectricGo rental power bank replaces up to 10 power banks sold in retail. Every power bank not produced avoids up to 2kg of CO2 emissions. We make sure to maximize the reuse cycles of our power banks.
A look Into The future...
We look forward to a record-breaking 12 months where we accelerate our sales growth, establish partnerships with more bars, restaurants and other relevant joints in North America and beyond, welcome new customers, and advance our innovative technology.
Invest In A Concept That Smartphone Users cannot overlook, even if they want to.
We are fortunate to be bridging this vicious cycle with a coveted solution. With our solid rock business plan, experienced team, unique concept and large market, we feel that ElectricGo is right on time.
As our smartphone gets better, ElectricGo becomes even more indispensable.
This is your opportunity to invest in a company with incredible potential to disrupt the smartphone industry-This is an opportunity to join the boat when you still can, our door is wide open!