3 ms·

This reads like a blatant advertisement. $6 a day is probably an unprofitable VC subsidized rate to gain market share.

• sheepscreek 3y ago
  > $6 a day is probably an unprofitable VC subsidized rate to gain market share ..if it were in *North America. One of Helixx's goals is to replace the two-stroke tuk-tuk. Completely different market with very different economics. It may be viable, maybe at $8/day and not $6 considering current inflation, but still.
  • internetter 3y ago
    We should replace city cars with tuk-tuks in NA as well Edit: Or, ideally, e-bikes
• Ekaros 3y ago
  Probably comes to residual value and interest rates. 180 month is low, but maybe doable with volume and if price of vehicles is very low.
• Waterluvian 3y ago
  It is. Everyone’s distracted by deciding if they could make end’s meet at this tiny price, but I think the easier question is, “if I was a business and you gave me the capex to buy all these assets, could I do better than $180/mo each by doing something else?” Also… of course it is. This is how every startup behaves.
• xyst 3y ago
  Aka the “teaser” rate.