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ENERGY & UTILITIES | Renewables
qiq.global

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Stage

Incubator/Accelerator | Alive

About QIQ Global

QIQ Global is a blockchain company is building a green transportation ecosystem using electric vehicles, comprising of electric bikes and scooters that can run for 20km on a single charge.

QIQ Global Headquarter Location

7 Mandai link #08-19

Mandai, 728653,

Singapore

Latest QIQ Global News

S’Pore Startup QIQ to Launch Shared Electric "Microcars" Rental for Short Trips By 2021

Aug 14, 2020

by vulcanpost source: QIQ Global   Called the QIQ Pods, they are only 2.4 metres long and 1 metre wide. Currently, the firm already runs e-bike and e-scooter services in Hanoi. According to co-founder and CEO Justin Sim, the QIQ Pods aims to solve “inefficiency” in the public transport network. Renting a QIQ Pod is estimated to cost S$2 for an ad-hoc ride lasting 30 minutes. For long-term use, it costs between S$30 to S$50 per month for multiple rides a day. The rates sound relatively competitive, in comparison with other transportation services like Grab and BlueSG. Grab rides cost upwards of S$15 for 30-minute rides. QIQ Pods can also autonomously park themselves at the nearest charging stations. Riders simply have to leave their cars by the curb. Geo-fencing, which uses GPS or radio frequency identification technology, will be used to create a virtual boundary that confines the QIQ Pods to short trips. The QIQ Pod has yet to be approved by the Land Transport Authority (LTA) but Justin remains confident that the microcars will obtain approval. The vehicle weighs no more than 250kg and has a top speed of only 40 km/h. That’s a lot lighter and slower than two-seat microcar Renault Twizy, which failed to gain approval for use in Singapore in 2014. A method called platooning will be used to distribute QIQ Pods to the requisite locations, which involves a human-driven car leading a convoy of microcars through wireless communication. On off-peak hours, QIQ Pods will also be maximised for efficiency and used to perform online deliveries. The microcars can also be potentially used for logistics and purposes, costing upwards of S$180 for rental per month. Still, the QIQ Pods may be subject to the same shortcomings as services like BlueSG. Simply put: there may not be enough charging ports in Singapore to support the electric vehicle grid.

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Expert Collections containing QIQ Global

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

QIQ Global is included in 4 Expert Collections, including Blockchain.

B

Blockchain

2,970 items

Companies and startups in this collection leverage blockchain technology for crypto investing and trading, decentralized finance (DeFi), NFTs, and more.

B

Bike and Scooter Tech

343 items

We define bike and scooter technology startups as companies working on shared vehicle networks, vehicle design, and charging infrastructure for bicycles, scooters, mopeds, and other compact vehicles for one to two passengers.

S

Smart Cities

1,344 items

E

Electric Vehicle Technology

719 items

Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.

QIQ Global Web Traffic

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