The Solutions Explorer lets you create alerts that match your needs. You can create several alerts and you will receive a notification each time a new Solar Impulse Efficient Solutions is labelled and matches your filters.
Your Search Alerts will show up here.
Sign in to create alerts for your filters and search terms.
Sign inDon't have an account?
Sign upAccess exclusive opportunities for Investor Members Only
The Investment Hub is a platform by the Solar Impulse Foundation that connects innovators with investors to fund scalable and sustainable solutions. Through tailored matchmaking, e-pitches, and a collaborative digital environment, it helps drive impactful innovation forward.
Sign in to explore a world of dynamic and high-potential investment opportunities.
Sign inDon't have an account?
Sign upMay 6, 2024
Thessaloniki City
Thessaloniki
Similarly to major cities, Thessaloniki in Greece was subject to high rates of single-occupancy vehicles resulting in congestion, delays, pollution and mental stress.
Penny began operations during two major infrastructure events, the opening of the new metro line and the flyover project (1). The goal was twofold: reduce car dependency and provide relief to the transport network. Penny was able to achieve this via its moped ride sharing model and became the first e-moped ride-sharing-services provider in Greece. Operating a fleet of 2,000 mopeds of which 10% are electric accessible via the Penny app, the user can locate, scan and ride the nearest e-moped to the end destination. Automated verification, In-app payments, real-time tracking, and 24h AI customer support, provide an all-in-one solution that ensures quick and easy use by the customers, enabling fast adoption when deployed.
Within 1 year, the app has been downloaded more than 5,000 times and is actively used by 4,000 users. Results were significant, since they achieved a ride number increase of 450% without the need for a monetised marketing campaign, as the presence of the characteristic blue e-moped across the city was enough to incentivise users. The e-moped ride-sharing allows to save the equivalent of 40,000 liters in Thessaloniki’s diesel consumption through reduced use of single-occupancy vehicles.
Penny was founded in 2023 and provides e-moped ride-sharing services via its app. Instead of worrying about traffic and parking, Penny provides a cost-efficient, stress-free and sustainable way to move around the city. Simply locate, scan and ride the nearest e-moped to your end destination. We provide in-app payments, real-time tracking, customer verification, as well as 24h customer support (AI). Each individual e-moped is equipped with telematics as well as a built-in alarm preventing theft and misuse. Users benefit from different pricing options tailored to each individual's needs, such as subscriptions, top-ups, as well as after-the-ride pricing for the early adopters. Penny e-mopeds are ideal for short and medium range distances thanks to their 80km autonomy, and can be mounted in 2, hence sharing the service cost. Lastly, via our app, users can rate and commend each ride, providing useful insights from reporting damages to overall feedback of the service experience.
Share
The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.
