L'Eco di Bergamo - The first Etioca prototype

In Milan the first Etioca prototype, a multiservice electric taxi

The first prototype of Etioca Taxi was presented in Milano Miner. Designed and built in the Coggiola workshops, historic Turin bodywork, by the international company based in Gibraltar, it is a revolutionary multiservice electric taxi, with a futuristic design by Giugiaro, aimed at interpreting sustainable mobility processes. First born of the ‘Anna’ generation, a platform based on a modular architecture that allows different vehicle configurations, is aimed at a new generation of taxi driver entrepreneurs who no longer have to buy the car but get it in use.

“The Etioca ecosystem has the foundations to drive the transition towards electric mobility serving the urban communities of the future that aim to reduce emissions and traffic in cities, introducing sustainable, functional and shared vehicles”, explains Mark Ishakov, founder and CEO of Etioca, according to which the current value of Etioca is 27 billion dollars, excluding revenues generated by Fintech and the Media, which in seven years of operation will become 232 billion dollars. “We are continuing the process of strategic acquisitions to increase the value of our ecosystem and to meet the timing of the business plan,” explains Ishakov.

The first 10 thousand Etioca Taxis will be in circulation by the end of 2024. Annual production in 2025 will be 45,000 units and will reach 100,000 units in 2027, with an initial investment of 400 million dollars to reach 1.2 billion dollars in the next 3 years. 90,000 pre-orders are under discussion in Italy, Israel, Latvia and to speed up production times an agreement with an Italian strategic partner for the use of a production plant is at an advanced stage of negotiation.