Insights and news from the ATOM Mobility team

🔥 We're excited to announce that the first-ever "ATOM Mobility Hub" program has concluded with Shrink Scooters taking home the main prize 🎉

ATOM Mobility will set them up with a free software solution for a year to accelerate the launching and growth of their business of bringing shared mobility to UK university campuses.

Congratulations also to the four runner-ups: Swap City, JETT, Mobi-EV, and Drop, as well as all the other teams successfully completing the program. 👏

We can't wait to see what you'll achieve in the future!

👏 Finally, we'd like to express our gratitude to the program's lead mentors and the program partners without whom the program would not be possible: Dr. Johanna Braun, Mario Gamper, KNOT // docking and charging for micromobility, Fluctuo, Funderbeam, ACTON, Anadue, Sumsub, movmi - Shared Mobility Consultants, Helve, EIT Urban Mobility

ATOM Mobility Hub is a free venture-building program meant to help ambitious entrepreneurs to build their mobility companies from zero. The nine-week programme ended with participant business pitches to mobility industry experts and investors on early December, 2022.

Read more:
https://labsoflatvia.com/en/news/student-led-company-triumphs-at-atom-mobility-hub

You can learn more about ATOM Mobility HUB here: 
https://atommobility.com/hub

If you are interested to start your own vehicle sharing/rental business – head over here to request a demo and we'll get back to you as soon as possible.

ATOM Mobility has broadened the scope of its services by adding rental software to its platform. The new module allows car, bike, and scooter rental companies to automate and digitalize their rental business with ATOM Mobility's platform which features digital ID verification, keyless vehicle access, calendar booking and prepayment, automated hand-off inspection, and much more.  

This effectively allows ATOM Mobility customers to create an all-in-one Superapp for the on-demand mobility market, after the company also added ride-hailing/taxi software to its platform earlier in the year which gives companies easy-to-use solution to manage their customers, drivers, and operations, all from one place. The platform can facilitate virtually any vehicle, be it a scooter, bike, car, moped, or even golf cart, for on-demand short-term, one-off trips, as well as for month-long rentals, and everything in between. 

It can benefit your mobility business, too

In addition to giving traditional vehicle rentals a simple and highly-efficient way to digitalize their operations and improve customer experience, integrating a rental module also serves to unlock new business opportunities.

Fleet owners can have all the different modes in one app, serving tourists and locals with the types of vehicles and services in need at any given moment, e.g. a scooter for a short trip on a sunny day, a taxi on a rainy one, and a rental car for a weekend getaway. Mobility service providers can mix and match the various modules to suit their offerings. For example, new market entrants can start with one operational model, and diversify their services as they grow by adding other modules to their existing app. 

The rental business model doesn't necessarily require adding new vehicles – it has the potential to maximize revenue from existing services. For instance, bike rentals can benefit from adding rental options alongside their on-demand, free-floating model, by allocating part of their fleet for renting purposes. To illustrate, depending on the location, an e-bike could bring in 15-25 EUR when rented for a full day, as compared to an average of 3 EUR per on-demand ride, with one to five uses a day. Accordingly, the rental model can be more profitable for the operator, as well as more convenient for the user, as they get the bike for the full day. 

Another chief benefactor of the new rental module is traditional car rental companies. For one, they can digitalize their operations and offer a fantastic, fully digital self-service experience to their customers, making it easier to pick up and drop off vehicles. Service digitalization also enables car rentals to open remote automated branches by partnering with hotels, parking lot owners, gas stations, etc. This may imbue extra convenience in your operations, as clients don't have to travel halfway across the city just to pick up their vehicle. 

A solution that works for everyone

As with previous products, the rental module is fully white-label, allowing the app to be customized with your brand design and colors. All whilst offering a smooth and convenient in-app rental experience for your customers. 

With ATOM Mobility's rental module, operators will also gain access to a powerful dashboard for managing their fleets, bookings, and customers. In it, you may:

1. Track vehicle information in real-time, e.g. for cars – location, errors, battery/fuel level, odometer data, engine status, door status, and more,
2. Set up your preferred pricing system, be it fixed, hourly, daily rental, distance-based, or otherwise,
3. Get reports and analyses on everything from users and revenue to the utilization of vehicles by different periods, vehicle models, and locations,
4. And more.

ATOM Mobility's all-in-one platform is the first of its kind, offering operators an opportunity to provide an excellent mobility service to their local community and visiting tourists. By listening to its customers and staying a few steps ahead of the market, ATOM was able to create a comprehensive, all-inclusive SuperApp. Accordingly, all components integrate seamlessly ensuring a smooth, hiccup-free, and user-friendly experience for both operators and their customers. 

Learn more about different solutions and modules: 

Vehicle sharing module (on-demand, mostly short trips): https://atommobility.com/products-share
Rental module (pre-booking, mostly weekly and monthly rentals): https://atommobility.com/products-rent
Ride-hailing/taxi module: https://ride.atommobility.com

Let us show you how it all works – head over here to request a demo and we'll get back to you as soon as possible.

“Using ATOM Mobility's platform, we were able to open up our taxi business to an entirely different target market  – younger people. We've been able to offer a more simplified booking process to continue offering quality service to our customers, which is our guiding principle.” - Jamal, Founder and CEO of Vift

Experience in the taxi business: 6 years
Country: Sweden
Web page: https://viftmobility.com
App store: https://apps.apple.com/vn/app/vift/id1631027113
Google Play: https://play.google.com/store/apps/details?id=vift.app

As engineering students in the Swedish city of Örebro, just west of Stockholm, the Zindi brothers saw market demand and decided to launch their own taxi company. Starting six years ago, the business has grown to account for 8% of the local taxi market, attracting a higher-end clientele. 

One year ago, founder and CEO Jamal Zindi was looking for opportunities to further grow his business. At the time, Vift operated as a classical taxi company – based on receiving phone calls and dispatching drivers. By using the ATOM Mobility platform, he was able to launch his own dedicated mobile app, which clients could use to directly order and pay for their taxis. 

The effect of digitising his business was immediate – Jamal shares that they have received a considerable boost to business, as it opens the door to a new target audience. He shares that human behaviour regarding booking has changed. Many young people don't like picking up the phone to make a taxi booking, or people sitting in meetings aren't able to make a call. Having an app to offer makes all the difference.

Quality as a North Star

Jamal shares that throughout all of his journey as an entrepreneur, his guiding principle has always been to offer the best possible quality to clients. 

“In the services sector, it's not about who offers it cheaper, it's who serves their clients better. We offer better cars, better drivers, better customer experience. If you do it better, people will be willing to pay a premium,” explains Jamal.

In the early days, Vift's differentiating factor was an improved experience. They, and their drivers, were from an academic background. They were younger than most taxi drivers in Örebro at the time, which Jamal considered an advantage. They were able to bring an improved customer experience to their clients, which was appreciated. 

They aren't in a hurry to expand in size or geography. Jamal emphasises that they're looking to build a solid foundation and only then expand upon that.

“We don't want to start with too many cars. Our strategy is to build up the business in stages. Because if the foundation is strong, you will not fall. Once you have a system in place, it's easier to go to other cities.”

Vift has its own fleet of cars, and, using the ATOM Mobility platform, it can now onboard other drivers onto its platform. Though they're not in a hurry – they're establishing quality first and then will look beyond their borders.

Locally-owned as a key differentiator

The city of Örebro does not lack in its fair share of taxi sharing apps. They have Bolt, Uber, and others. But what Vift can offer and Uber can't, is hyper-local customer service – both for drivers and for end-customers.

“There are Bolt and Uber, they drive very cheaply. But the management and owners are not in Sweden. So if you have a question, you won't receive a response that fully understands your situation. People appreciate that we're from Sweden, that they can contact us, and that they can receive a response in their own language,” comments Jamal.

Using their competitive advantage, they believe that in just 2 years, they will be the biggest company in Örebro. And after that, they'll replicate their experience in other cities, still based on quality-over-quantity.

The secret to surviving in the taxi business – thinking 10 years ahead

One thing that sets Vift apart from traditional taxi services is their future-oriented mindset. Jamal shares that when making business decisions, he thinks about what will be relevant in 5-10 years' time. This way, he's able to stay ahead of the competition, and relevant to his customers.

One way this comes across is in the vehicles they choose. 

“Right now, all of our cars are hybrid. But very soon we'll be switching to a fully electric vehicle fleet. It's the better choice – for business, for the environment. That is where mobility is heading, and that's where we have to be as well.”

When asked about his tips for other entrepreneurs looking to start their own taxi business, Jamal stays true to his values:

“Constant development. Professional standards. Work with the heart. Quality is what matters. Consider the future – if you only do things for today, then you'll fall down.” 

Through working together, Vift has significantly increased its demand and revenue. Laying the strong foundation for digital services, Vift can now continue to build out the business and reach its goals of dominating the local market and expanding past its borders.

Learn more about ATOM Mobility ride-hailing and taxi platform here: https://ride.atommobility.com

Back in August, together with innovation management company Helve, we launched the open call for ATOM Mobility Lab, a FREE venture-building / accelerator program helping ambitious entrepreneurs to build mobility companies from ZERO in just 9 weeks. Along with October, comes the beginning of our 9-week program. Out of more than 100 applications, we have selected 12 teams from 11 countries developing various shared mobility, ride-hailing, and on-demand services. It's about time you meet them!

Aver Mobility (Bulgaria) 🇧🇬

The utilitarian approach to shared mobility.

Aver Mobility is a car sharing company that’s involved in solving urban mobility challenges. Their mission is widening the adoption of shared mobility with greener means of transportation in Eastern Europe without requiring anyone to step out of their cars. As we all know the personal car is an irreplaceable limb for the average Eastern European. Aver Mobility knows that they couldn't influence that. They don’t want to do so, either. They want to step on that assumption but make it greener. The company will launch with a 100% EV fleet in Sofia (Bulgaria) and plans on replicating the same utilitarian approach while exporting the operational model in the rest of Eastern Europe.

ChargeM (Germany) 🇩🇪

All-inclusive Shared Micro-Mobility System for A2A models

ChargeM provides an end-to-end solution for you guests, employees, and tenants: E-Scooter, wireless charging station, app, labeling, and operations. The company allows locations to passively provide an extra mobility solution to profit from every ride.The system comes with a wireless charging infrastructure for shared e-scooters to significantly reduce costs for collecting/ swapping and recharging of the vehicles. Their automated charging solution will allow providers to reach profitability sooner and make micromobility more sustainable - ecologically, economically, and socially. 

Dodai (Ethiopia) 🇪🇹

Affordable mobility ownership in Ethiopia

Dodai is an asset financing platform that offers underbanked customers access to life-enhancing products, and services. The company provides affordable mobility ownership for Ethiopian gig workers who intend to increase their earnings and comfort through the financing of electric two wheelers.

Drop (Romania) 🇷🇴

Electric last-mile deliveries

Drop is a one-stop-shop solution, which not only offers delivery as a solution, but covers a large range of other services such as rider supply management, operational lease and rental options for EVs and LEVs, micro fulfillment as a service, and OOH delivery.

EcoTaxi (Estonia) 🇪🇪

Safe, inclusive, and sustainable mobility

EcoTaxi is the first inclusive and sustainable logistics company in the Baltics that intends to solve emission problems by providing a platform for sustainable vehicles only. Their platform will actively reduce male to female assault by onboarding more female drivers and make accessibility easier for differently-abled persons. ExoTaxi's customers are people who care about the planet and are interested in using sustainable methods to get to wherever they need to go.

Greenclick (US) 🇺🇸

Disrupting over-the-counter desks with technology

Greenclick is scaling the on-site car rental market at hotels where >1% in the US offers car rental services out of 70k hotels. They're carving out a new car rental market by solving congestion, long lines and waiting at airports, and serving guests when all rental locations close, disrupting over-the-counter desks with technology. With their vertical, they're accelerating the adoption of electric vehicles and providing a broad consumer market with their first test drive of an electric car.

JETT (France) 🇫🇷

Rental subscription service without commitment

JETT is an e-moped rental subscription service without commitment. An easy and flexible, weekly or monthly, plan with no hidden or sign-up fees! They handle everything: insurance, maintenance, helmet, and even delivery to your doorstep! You just have to enjoy your own JETT!

MaaS in Tourism (Greece) 🇬🇷

Mobility app for tourists and citizens to use at their destination

MaaS in Tourism company’s app will integrate all the means of transport that are available in the tourist destination that will be developed with the main goal to minimize the use of cars with carbon emissions. They also want to promote the use of public transport combined with other eco-friendly mobility choices such as electric scooters or bikes. This will be a g2c/b2c product and the target group will be mostly municipalities in Greece that are tourist destinations and offer a variety of means of transport and services around mobility. The company wants to make the citizens love their city more and the tourists to enjoy their vacation in a more sustainable and fun way.

MobiEV (Egypt) 🇪🇬

Bringing micro-mobility and convenience to Egypt

MobiEV is on a mission to bring EV Micro-mobility to the Egyptian market of 100 million residents and 13 million annual tourists. Their aim is to pair convenience and pleasure into the service by strategically placing EVs servicing commercial and tourist hotspots. MobiEV will leverage technology, competitive energy prices, and 350 days of sunshine to provide sustainable shared mobility to their customers.

SHRINK Scooters (UK) 🇬🇧

The UK’s first student-run socially conscious scooter sharing platform

SHRINK Scooters are the UK’s first student-run socially conscious scooter sharing platform integrating students living in the peripherals of Durham city into university life. The company plans to involve a fleet of 30-40 scooters to begin with and are currently exchanging discourse with the University and, with the support of numerous consultants, are preparing to tackle the challenge of obtaining a license form the Council.

Sun Spirit (Latvia) 🇱🇻

Bringing sustainable water traffic to RigaSun Spirit believes that Riga has a resource that has not been properly used - the river Daugava. They want to build green, energy-powered, odorless, noiseless, modern, and sustainable traffic within the river and make it enjoyable for city residents and guests. Book on-the-go and hop-on or off whenever you want.

Swap-City (Latvia) 🇱🇻

Compact car-sharing at the lowest prices

Swap-City is a service based in Riga that specializes in electric car sharing, using only unique compact cars with swappable batteries. This makes these cars always available, never out of power. Most exterior and interior spare parts are made by a 3D printer. Light and small two-seater cars that can travel a distance of up to 150km. They bring the most compact cars, at the lowest prices!

During the next 2 months, these 12 teams will work closely together with our lead mentors Johanna Braun and Mario Gamper to successfully launch their businesses at the end of the program. The program will conclude with a demo day on December 1 (16:00 CET), during which, the teams will present their progress and business plans to a panel of jurors to battle for prizes in the value of up to 30k EUR provided by ATOM Mobility, Funderbeam, KNOT, ACTON, Fluctuo, Sumsum, and movmi.