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The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/information/is-tuk-token-the-tesla-of-developing-nations/">Is TUK Token the TESLA of Developing Nations? Find Out How eTukTuk Looks to Transform the EV Market With a Groundbreaking Three Wheeler.</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
Experts suggest that the incoming TUK token might grow into becoming the TESLA of developing nations as it seeks to set new standards in electric vehicle (EV) production. 
The project has spent five years developing a groundbreaking EV TukTuk – called <a href="https://etuktuk.io/?ref=pr&amp;utm_source=coinpedia&amp;utm_medium=pr&amp;utm_campaign=cryptopr" target="_blank" rel="noopener noreferrer nofollow">eTukTuk</a>. That removes carbon emissions from the developing world’s most popular <a href="https://coinpedia.org/information/etuktuk-powering-the-future-of-transportation/" target="_blank" rel="noopener noreferrer nofollow">transportation method</a>. 
Described as one of the most revolutionary projects for the developing world this decade, the TUK token is rooted in real-world applications. Making it one of the best long-term investments you might make this year. 
The project is ready to start rolling out its charging network infrastructure and convert drivers to eTukTuks in Sri Lanka this year. 
<h2 id="etuktuk-looks-to-reduce-pollution-from-tuktuks" data-name="etuktuk-looks-to-reduce-pollution-from-tuktuks" class="wp-block-heading">eTukTuk Looks to Reduce Pollution From TukTuks</h2> 
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 <img decoding="async" width="1024" height="341" src="https://image.coinpedia.org/wp-content/uploads/2023/08/18172806/eTukTuk-1-1024x341.webp" alt="" class="wp-image-223352" srcset="https://image.coinpedia.org/wp-content/uploads/2023/08/18172806/eTukTuk-1-1024x341.webp 1024w, https://image.coinpedia.org/wp-content/uploads/2023/08/18172806/eTukTuk-1-300x100.webp 300w, https://image.coinpedia.org/wp-content/uploads/2023/08/18172806/eTukTuk-1-768x256.webp 768w, https://image.coinpedia.org/wp-content/uploads/2023/08/18172806/eTukTuk-1-150x50.webp 150w, https://image.coinpedia.org/wp-content/uploads/2023/08/18172806/eTukTuk-1.webp 1500w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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eTukTuk is the world’s first automotive project built on BNB Chain’s Layer 2 opBNB protocol. 
The project aims to set the blueprint for developing nations to revolutionize the transportation sector and head into a greener future. 
eTukTuk plans on launching more affordable and widely accessible charging and EV solutions. Their first target is Sri Lanka in 2023 – before heading into other developing countries. 
The idea behind eTukTuk is to tackle the carbon emissions problem in developing nations. While providing a dynamic multi-revenue model that can balance sustainability with innovation. 
The team behind the project wants to help create a planet where transportation works without leaving behind a carbon footprint through its groundbreaking eTukTuk design. 
With developing nations facing their biggest challenge due to rising carbon emissions, eTukTuk looks to become the first mover to create a sustainable transportation method for billions of breathing heavily polluted air daily. 
With over 270 million TukTuks worldwide, they are the most popular mode of transportation in developing countries . They are primarily used as taxi services. 
However, the internal combustion engines used by TukTuks emit more CO2 than traditional cars. Making them one of the most significant contributors to global air pollution. 
eTukTuk wants to help reduce these emissions through its Zero-Emissions Vehicles (ZEVs), which are ready to be released – while rolling out an expansive charging network. 
<h2 id="first-target-colombo-sri-lanka-with-1-2-million-registered-tuktuks" data-name="first-target-colombo-sri-lanka-with-1-2-million-registered-tuktuks" class="wp-block-heading">First Target: Colombo, Sri Lanka – With 1.2 Million Registered TukTuks</h2> 
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 <img decoding="async" src="https://lh4.googleusercontent.com/7Ehw1V4wbvwkdsINXfQHM5B3tXV0TlTLNHY0M9Ro2I4g_YjXnCqgWisueMDo-1sGn0iUvRM7HJ9osmfSSdQdaxRlm4diEk6nllXtyl5paPeNowxQhMz85XaO2_kqLEn7xUP_mU8WYk9WPvJfovRUaV4" alt=""> 
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eTukTuk’s first target is Colombo, Sri Lanka, with over 1.2 million registered TukTuks. 
They chose this location because pump fuel prices are rising quickly, pricing many drivers out of earning a living wage. 
Through the eTukTuk innovation, drivers are expected to take up to 400% more pay, thanks to the reduction in operational expenditure and maintenance costs for the EV. 
eTukTuk intends to build a growing network of charging stations powered by blockchain technology to make the revolutionary switch for three-wheeler drivers in Sri Lanka as easy as possible. 
The project has partnered with the Capital Maharaja Group (CMG) to help facilitate the growth of the network throughout the country. 
This is a high-profile partnership as CMG is the number one privately held conglomerate in Sri Lanka, and they have a 20% stake in eTukTuk operations in the country. 
After setting the blueprint in Sri Lanka, eTukTuk intends to expand into neighbouring developing nations. 
<h2 id="groundbreaking-ev-design-with-just-200-components" data-name="groundbreaking-ev-design-with-just-200-components" class="wp-block-heading">Groundbreaking EV Design With Just 200 Components</h2> 
eTukTuk has spent five years designing its groundbreaking EV and is setting new standards in EV production – turning it into the Tesla of developing nations. 
Their ZEVs are built to be safer and more reliable than traditional TukTuks and leave zero carbon emissions behind. 
The best part about the design is that they have just 200 components and are easily manufactured in developing nations. 
As a result of local manufacturing, the capital and operating expenditure can decrease by up to 78% compared to traditional TukTuks – increasing the earning potential for drivers. 
In addition, eTukTuk uses LFP batteries, which are much safer than Lithium Ion batteries and have a long lifespan of up to 8 years. 
<h2 id="high-profile-industry-and-government-partnerships" data-name="high-profile-industry-and-government-partnerships" class="wp-block-heading">High-Profile Industry and Government Partnerships</h2> 
eTukTuk is already gaining significant attention as it establishes high-profile partnerships with industry leaders and governments worldwide. 
These entities are excited to get partnered early with eTukTuk as they see long-term growth potential for the ecosystem. And can help drive change toward a sustainable future. 
In addition to the partnership with the Capital Maharaja Group, eTukTuk has a collaboration with high-profile companies. Such as CityAM, AsiaTokenFund, BeginWallet, and NuFi. 
A full breakdown of all these partnerships can be found in the following Tweet thread; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 1/ <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/23f3.png" alt="⏳" class="wp-smiley" style="height: 1em; max-height: 1em;">COUNTDOWN: Day T-4 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/23f3.png" alt="⏳" class="wp-smiley" style="height: 1em; max-height: 1em;"> At eTukTuk, we emphasise collaboration to achieve our goals and deliver top-notch services to our community. Today, we take a moment to reflect on the incredible partnerships that have driven us forward. Here's a thread celebrating our partners <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/sRl7PZKrNq" rel="noopener noreferrer nofollow">pic.twitter.com/sRl7PZKrNq</a>— TUK Token (@TukToken) <a href="https://twitter.com/TukToken/status/1672304412855771145?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 23, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<h2 id="is-tuk-token-the-tesla-for-developing-nations" data-name="is-tuk-token-the-tesla-for-developing-nations" class="wp-block-heading">Is TUK Token the TESLA For Developing Nations?</h2> 
TUK is the native token behind the entire ecosystem, allowing investors to earn from the network as the ecosystem expands. Providing you with the perfect opportunity to get involved in the sustainability revolution. 
<figure class="wp-block-image size-large"> 
 <img decoding="async" width="1024" height="435" src="https://image.coinpedia.org/wp-content/uploads/2023/08/18174055/tuktuk-1-1024x435.webp" alt="tuktuk-1" class="wp-image-223362" srcset="https://image.coinpedia.org/wp-content/uploads/2023/08/18174055/tuktuk-1-1024x435.webp 1024w, https://image.coinpedia.org/wp-content/uploads/2023/08/18174055/tuktuk-1-300x128.webp 300w, https://image.coinpedia.org/wp-content/uploads/2023/08/18174055/tuktuk-1-768x326.webp 768w, https://image.coinpedia.org/wp-content/uploads/2023/08/18174055/tuktuk-1-1536x653.webp 1536w, https://image.coinpedia.org/wp-content/uploads/2023/08/18174055/tuktuk-1-150x64.webp 150w, https://image.coinpedia.org/wp-content/uploads/2023/08/18174055/tuktuk-1.webp 1600w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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TUK token is the utility token that will power the entire ecosystem that provides rewards for long-term network participants. 
Holders of TUK can earn rewards as the efficient charging network expands through Power Staking. As drivers use the token to pay for charging at the stations. 
As the number of stations grows and the network is used for more transactions, stakers will collectively earn a greater yield from the fees generated. 
Overall, eTukTuk has created a revolutionary ecosystem that can reward holders and help the world head into a more sustainable future. 
Users looking to get positioned into TUK will need to register for a spot in the presale.

Is TUK Token the TESLA of Developing Nations? Find Out How eTukTuk Looks to Transform the EV Market With a Groundbreaking Three Wheeler.

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