The young company XEV is currently collecting money on the crowdfunding platform Kickstarter to build Yoyo, a groundbreaking electric car. Supporters have the opportunity to secure a Yoyo on the platform at reduced rates. It seems that 3D-printed car parts offer a high level of customization while simultaneously reducing the waste and cost associated with traditional vehicles.
Despite many unique details, the proportions of the Yoyo are similar to well-known smart cars. With a length of 2.50 meters, the little Italian car also turns out similarly short.
Many other publications overlook breaking business news focused on marketing or other business strategies. The Born2Invest mobile app helps readers to be up-to-date with the newest information in this field and others, among which finance, biotech, cannabis, fintech, and crowdfunding.
In addition, the electric car is very light weighing in at just 750 kilograms. The Yoyo also remains modest in terms of power consumption. The electric motor delivers 7.5 kW/10 PS continuous power but can provide a 30-second boost of 22 kW/30 PS for intermediate spurts. The maximum speed is 70 km/h. Due to the limited mileage, it is classified as a light motor vehicle.
This is a car that massively reduces the cost of driving, produces no pollution and allows a level of customization far beyond what is currently available. The Yoyo is a small, all-electric two-seater car that was designed to be perfectly adapted to the modern urban environment. Compact dimensions of just 2.5 m x 1.5 m mean you can park it almost anywhere, while its Torquay electric motor allows you to zip around the traffic cleanly and efficiently.
The battery system
A lithium-iron-phosphate battery with a capacity of 9.2-kilowatt-hours is used to store electricity. The range is specified as 150 kilometers. The battery consists of four removable blocks located behind a flap in the lower rear area. This battery system is intended to allow spontaneous replacement if a battery replacement service can be found in the nearby.
Although the Yoyo as a light vehicle has to meet fewer safety requirements than normal passenger cars, it will have ABS, airbags and a front crumple zone. Also, the electric car has some amenities. For example, there is air conditioning, a touch screen, electric windows, and power steering. Anyone who wants a Yoyo can order it at a reduced price as part of the Kickstarter campaign. The Special Bird version is sold for around $6,672 (€6000). The fully equipped Signature Edition is sold for $8,341 (€7500).
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in KronenZeitung, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Blockchain technology can help the energy industry be more efficient
BlockApps has entered into a partnership agreement with the consulting firm Optimum to develop block solutions for tracking how energy...
Cannabis oversupply prompts stores to offer huge discounts
The surplus on the Oregon cannabis market is so high that existing stocks may last up to 6,5 years. As...
Pub owners in Germany resort to crowdfunding to cope with the pandemic
The Coronavirus has paralyzed the social life. Those who suffer particularly are those who benefit financially from social activities. These...
Africa’s economy on the edge of plunging into a new crisis
Beyond the health crisis, the economic crisis is already looming in Africa. Regional financial institutions are deploying measures to respond...
The fintech sector is benefiting from the current situation
The fintech sector is one of the areas to benefit from the current crisis. The use of fintech applications has...
- Featured6 days ago
Why should banks and FinTech operators ally?
- Business7 days ago
Half Life: Alyx has thrust VR into the spotlight, XRApplied will bring it into the mainstream
- Business7 days ago
Draganfly, Inc. (DFLY) is fighting the coronavirus with a “pandemic drone” straight out of science fiction
- Crypto7 days ago
How can BTC protect us from the threat of hyperinflation?