Money

Bob Eco: the launch of Bobcoin

28 februari 2022Door MASTERS Redactie2 min lezenBUSINESS & FINANCE

Bob Eco is a fast-growing manufacturer and operator of electric vehicles and clean energy. With motorcycles and 3-wheelers specially developed for developing countries, it offers affordable and efficient transport solutions, including across African markets.

News in sustainability land: Bob Eco is a fast-growing manufacturer and operator of electric vehicles and clean energy. With its motorcycles and 3-wheelers specially developed for developing countries, it offers cheap and efficient transport solutions, including on the African markets.Online editor: Mical Joseph
Image: Bob Eco

What's in it for…

Able to save on fuel costs, drivers who switch to one of Bob Eco's vehicles quadruple their average income, allowing them to support their families and equip their homes with basic necessities such as running water. Bob Eco is the clear choice for both drivers and the environment and has caught the attention of African governments. This has already led to several partnerships at the state level.

Make it a better world

To keep up with demand, Bob Eco signed a $200 million production deal with manufacturing giant Jincheng Suzuki for annual volumes of 200.000 units. Bob Eco also recently opened a manufacturing facility that focuses on three-wheelers and Tuk Tuks, which are popularly used for comfortably transporting bulky goods and larger groups of people. This facility has an annual production capacity of 1.500.000. The electric vehicles produced by this facility alone have the potential to save more than 2024 tons of CO1.500.000 emissions by 2.

The Bobcoin

To finance more motorcycles, Bob Eco launched the Bobcoin (BOBC) on the secondary market in March 2021 through an STO listing. Bob Eco sold 25% of all Bobcoins for tens of millions of dollars to investors in more than 40 countries. Due to the enormous success of the STO, Bob Eco has now decided to take the next step in listing the Bobcoin on the primary crypto market through an ICO-WA. It is currently possible for private crypto enthusiasts to purchase the Bobcoin through a pre-sale on the renowned crypto platform Knaken. Once the Bobcoins are tradable on the open market, it is expected that the valuation of Bob Eco will be between $1,45 billion and $1,5 billion.