Urban Mobility Tech Co (UMT), a startup that developed and operates the MuvMi battery-run tuk-tuk service and its booking application, plans to increase the number of three-wheeled vehicles from 350 to 1,000 this year to meet higher demand from electric train commuters.
Electric tuk-tuks are gaining in popularity among people travelling between skytrain and subway systems to their homes and offices in Bangkok.
Up to 3.7 million people have used the service over the past five years.
The business expansion will require capital spending worth almost 200 million baht, said UMT co-founder and chief executive Krisada Kritayakirana.
Comments