UK startup Helixx has introduced a way to quickly assemble a slate of low-cost electric commercial vehicles based on the method McDonalds, like many other fast food franchises, uses to build its burgers.
Similar to a franchise arrangement, Helixx sells licenses to its technology and it provides everything the license holder needs to build and operate a factory, then market the vehicles on a subscription basis.“Looking at the McDonald's methodology, we can now get customers to finance or part finance or scale for us,” explained Steve Pegg, Helixx co-founder and CEO in an interview. “This is where Helixx sits more as a technology company because we then become asset light.
Helixx expects that a factory that produces, for instance, 30,000 vehicles a year, would require only about 96 workers on the shop floor—much fewer than a full-scale assembly plant, Pegg explained.“You don't need to know how to build a vehicle. You don't need to know how to source,” said Pegg. “All you've got to do is follow a process and we are here to help.”
The local manufacturer can then offer the vehicles through a business-to-business subscription arrangement with fleets, corporations or others at a rate starting at about 25 cents per hour, according to Pegg. Following successful testing of the concept hub in Oxfordshire, UK in partnership with Siemens, Helixx plans to establish further pilot hubs in the UK and Singapore.
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