Meanwhile, Helixx is looking to raise funds. Demonstration versions are being built and Pegg said he expects they’ll be ready in April or May. No sales yet as Pegg acknowledges prospects would like to examine the actual vehicles before committing. That’s why Helixx is in initial discussions with customers in the Asia-Pacific region, then moving on to India, Middle East and North Africa and South America. Rendering of Helixx electric mobility vehicle on the streets of an Asian city. The 12 kWh configuration offers a range of about 200km, or about 124 miles.įollowing 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.Ī key goal is to bring what’s known as mobility as a service to regions where commercial service is necessary and individual ownership may not be financially viable, explained Pegg. They’re based on a single propriety lightweight platform with an integrated smart electric drive and swappable lithium-ion phosphate battery modules. Targeted to high-density markets the vehicles were designed by Jowyn Wong and Jakub Jodlowski, whose award-winning portfolio includes hypercars for manufacturers such as Apollo and DeTomaso. 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. They become manufacturers themselves in their own right, and they can put whatever badge on it they want.” “What we do is we sort out all of the say the homologation the liability and all of the world manufacturing side so they get their own VIN number. “There's nothing stronger in these local regions and localized established brands,” said Pegg. The vehicles are produced in white and will not carry Helixx branding-that’s up to the licensee. Right now Pegg said the company is targeting $20 million as a license fee but total costs depend on what manufacturing capacity the licensee desires, explaining the cost to build a factory capable of producing at full scale, about 100,000 vehicles a year, “should cost no more than $100,000 million.” In keeping with the company’s commitment to reducing waste and protecting the environment, once a vehicle is at the end of its life it can be recycled to build replacements. “All you've got to do is follow a process and we are here to help.”Ĭomponents are locally sourced and each hub can actually build components for other hubs. You don't need to know how to source,” said Pegg. “You don't need to know how to build a vehicle. Indeed, Helixx takes care of the most basic needs of the operator. 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. For example, a 5,000 square meter building will be required to support building 100,000 units per year. Once a licensee is on board the Helixx system conjures the most effective manufacturing methodologies, including the number of staff needed, cost and optimum production volume.Įach Helixx hub will be fully flexible and scalable. So what we've also done is developed the system like a bit like an onion where you can start off with a small facility and just keep adding layers and layers and layers if the market demands are.” But we get customers to build the content at a volume that they're comfortable with. We own the supply chain, just like McDonald's. “This is where Helixx sits more as a technology company because we then become asset light. “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. Steve Pegg, co-founder and CEO, Helixx Industries Ltd.
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