August 2, 2020
Inside Fetii’s Plan to go All-Electric by 2025
As the US begins to open back up and employees begin to go back to the office, we are seeing more traffic congestion on the road than we have in over a year. With public transportation and countless rideshare services, consumers have more options than ever to cut down on their pollution output and fossil fuel usage to combat climate change.
One Austin-based rideshare company is on a mission to create a more environmentally conscious rideshare experience for its drivers and riders.
Fetii, the group rideshare company that currently utilizes a fleet of 15-passenger transit vans, plans to transition to all-electric vehicles by 2025.
“Fetii provides on-demand group ride-sharing and commuting solutions for group use and businesses using 15-passenger vehicles, thus significantly reducing carbon emissions and decreasing congestion. Currently, in the U.S. over 75% of commuters choose to drive to work alone in their car, which translates to over 115 million vehicles transporting exactly one person each. Rather than groups of commuters taking multiple vehicles to get to a destination, they can be transported in a single Fetii vehicle.” says Fetii Co-CEO Matthew Iommi. “We believe that if Fetii switches over to electric vehicles we can further lower carbon emissions drastically in big cities across the US.”
As Fetii scouts potential EV (electric vehicle) manufacturers, British electric van and bus maker Arrival has stood out. The two have begun preliminary talks regarding a US beta launch that aims to push forward the needle of EV as the mainstream transportation mode of choice. Arrival and Fetii will help provide cities with a multi-model zero-emission transportation ecosystem that will be required to meet their sustainability goals over the coming years. This integrated transportation ecosystem between the UK EV manufacturer and the group rideshare company will create cleaner, more equitable mobility solutions for people living in cities that they believe will have a radical impact on their health and opportunities.
Ride-hailing plays a key role in creating accessible and efficient multi-modal transportation systems reducing both total numbers of vehicles in cities and emissions, which is expected to have an oversized impact on real-world pollution globally. Arrival’s revolutionary Microfactories combined with Fetii’s group rideshare platform will enable decentralized production and transit service in cities around the world, producing group transportation close to areas of demand, using local talent, and paying local taxes.
The transition to an electric zero-emission fleet of vehicles is just one further step in Fetii’s vision for the future of transportation.
About Fetii
Fetii Inc. is a SaaS mobility company that utilizes a network of 15-passenger vehicles to service groups and businesses with on-demand group transportation. It aims to create the world's first group-focused rideshare service that relieves congestion while offering a state-of-the-art user experience. Fetii looks to improve the lives of individuals and businesses by solving one of society's most pressing issues: traffic congestion.
About Arrival
Arrival is reinventing the automotive industry with its entirely new approach to the design and assembly of electric vehicles. Low CapEx, rapidly scalable Microfactories combined with proprietary in-house developed components, materials, and software, enable the production of best in class vehicles competitively priced to fossil fuel variants and with a substantially lower Total Cost of Ownership. This transformative approach provides cities globally with the solutions they need to create sustainable urban environments and exceptional experiences for their citizens. Arrival was founded in 2015 and is headquartered in the United Kingdom, with over 1,800 global employees located in offices across the United States, Germany, Netherlands, Israel, Russia, and Luxembourg. The company is deploying its first three Microfactories in North and South Carolina, the US, and Bicester, the UK in 2021.