Awto & Ubiq Team Up in LATAM
Updated: May 30, 2022
Ubiq expands its service to Latin America by piloting with carsharing provider Awto in Santiago, Chile. This is continent number three for the mobility tech start-up.
Combining both our operational intelligence and execution services, our pilot with Awto will help us gain insights into how people in LATAM move about their cities. The results of this are numerous;
We help operators in LATAM increase their utilization rates and vehicle availability.
We support the people of LATAM to move around more freely.
We contribute toward the sustainability of LATAM cities.
We can offer a more robust product to existing and future clients.
To unofficially kick this pilot off, we asked Co-founder & CEO of Awto, Francisco Loehnert, to share a bit about Awto, the LATAM market, and what Awto hopes to achieve from their collaboration with Ubiq.
1. Tell us about Awto.
Awto is a shared mobilization company based in Chile and other Latin countries, with a focus on collaboration and sustainability.
Awto offers an economic, sustainable, and social mobility solution, with which users can book, ride and park cars in the city, no matter how long or far the trip is, without contact, lines, or contracts. All this is based on in-house developed technology which enables it to integrate any car type to Awto’s fleet. This is especially important regarding the massification of electromobility. Also, this technology developed by Awto has opened a new revenue stream in their SaaS model, where the company sells their fleet optimization service, obtaining 30% more utilization in some cases.
The company will enter the Brazilian market in the next months and looks to achieve more than 1,000 connected vehicles by the end of 2022.
2. What insights could you share about the shared mobility market in LATAM?
The LATAM mobility chaos is shouting for alternative solutions. Being the second most urbanized region in the world, with 78% of the population living in cities, LATAM lacks proper transportation infrastructure. Serious traffic issues are generating productivity losses of up to 1% of the region's GDP. Many cities are operating their public transport system above capacity during peak times.
Consequently, the mobility preference of users has changed in the last few years. Public transport cannot satisfy all mobility use-cases. This is where Awto comes in. Awto contributes in being an alternative for the more than 90,000 users of the service and will continue to do so for the 300,000 expected users in the short term.
"We are sure that mobility in the future will be shared; sharing is the basis for a society that grows on a planet that remains the same size."
3. What does this pilot with Ubiq mean for Awto?
This pilot with Ubiq will help to optimize the ways our cars are being repositioned and increase their utilization rates. Therefore, it will seriously contribute to creating smart cities. Private cars are being used less than 5% of the time in Chile and with this pilot we are hoping to achieve usage rates higher than 40%, which enables every Awto car to replace between 6 to 8 private cars out on the streets.
Ubiq enables operators to effectively position fleets to serve strategic goals. For more information, contact sales@ubiq.ai