The CZero Coin is the World’s First Eco Coin backed by the quantum of carbon emissions accomplished when using electric vehicles or the associated ecosystem instead of using fossil fuels.

 Orissa, India, May 15, 2018, The acceptance by the general global population of electric vehicles has been slow, and that can be attributed to many factors. It seems the world was waiting for a team of EV Experts that could fast-track the spread of electric vehicle usage, especially in India with such a large population. CZero Mobility, a disruptive EV startup company focused on a sustainable and affordable electric mobility future in the cost sensitive Indian & South East Asian markets, has stepped-up and is launching their ICO on June 10.

This much anticipated ICO has attracted both private and institutional investors alike, which will help ensure the forward progressions of its patented products in the EV ecosystem space are put into mass production. The Independent in May 2017 reported: “Every car sold in India will be powered by electricity by the year 2030, according to plans unveiled by the country’s energy minister”. This change will also ensure better air quality in the country. The Independent article also notes that an investigation by Greenpeace found that as many as 2.3 million deaths occur every year due to air pollution in the country, causing a public and economic health crisis.

CZero is leading the charge to ensure that India and its residents can achieve the 2030 goal. Electric vehicles currently account for 0.06 percent of the total vehicle fleet globally, but the industry is growing, seeing a 300 percent growth year to year. The challenge is that there are no current credible solutions to convert fossil fuel vehicles to electric. To top it all off, Electric Vehicles also historically take a long time to charge and there are few charging stations. There are also not enough service repair experts available who are experienced and qualified to repair electric vehicles.

The solution lies with CZero’s range of well researched & patented EV products designed to address all of these challenges. The company has fast-charging technology that can charge the vehicle’s super capacitor-based battery up to 80% in 15 mins. They also have plans to leverage local service garages/Gas stations and small repair shops to create Swapping stations to facilitate near real time charging of vehicles by swapping the dried-up batteries with the charged one’s.

In addition, CZero is working towards an economically viable EV upgrade kit which will enable the conversion of existing small passenger vehicles and commercial vehicles which will enable the vehicle to switch from fossil fuels to electric.

During a recent interview, Pratik Batra, Co-Founder and CEO of CZero, made these comments: “We are excited to announce the launch of our initial ICO and anticipate investors rallying around our environment-friendly initiatives. Our goal is to engage in the research and development of products needed to eliminate every possible obstacle to make it easy for everyone to adopt electric mobility.”

The CZero ICO will launch soon and early adopters will be able to take advantage of great discounts. A complete discussion of this ICO can be viewed in their Whitepaper here.

The CZero team has decades of experience in high-end technologies and software and business entrepreneurship with degrees from top Indian universities. To learn more about the company’s experts and their ICO, visit http://token.czeromobility.com

Media Contact:

CZero Electromotives & Ecosystems Pvt Ltd
Attn: Media Relations
Orissa, India
+91-8501000048
contact@czeromobility.com