Investment Amount (USD$)
Green, shared mobility is what QIQ believes congested cities need, and by utilising blockchain technology, the green tech company has taken on the challenge to accelerate adoption of sustainable shared transportation. QIQ began as a fast charging electric bicycle and scooter provider for smart cities and today is “redesigning how future shared electric lastmile vehicles would look like for all ages and road conditions in cities”. Critical to the company’s growth has been investment capital and strategic partnerships. In Vietnam, the company partnered with TPR Invest, a Vietnamese investment and property development company with the goal to deploy 5,000 electric personal mobility devices into Hanoi, Da Nang and Haiphong.
According to Vu Cao Tung, the Chief Executive Officer of TPR Invest, Vietnam has seen massive growth in its economy in the recent years and it was important that “city infrastructure continues to improve to meet the demand of the life of Vietnamese and foreign visitors.” Tung had learnt about PFAN in his search for investment. “I collected information from success stories that PFAN offers support for companies in the clean energy field and thought that sounded like an amazing idea. I searched and applied though PFAN website, and luckily we were accepted! From the beginning, Tung said the PFAN process was enriching. “The PFAN network always followed our steps and assisted our development.” The strategic partnership with QIQ Global to launch QIQ Vietnam allowed green vehicle technology into last-mile connections, “thus improving the life of people in Vietnam,” he said. QIQ Vietnam is currently in the process of closing their first series of funding.
“The PFAN network always followed our steps and assisted our development.”