Objective
Tuk Tuks are already a well-known charming means of 3-wheeler transportation in many countries, especially in Asia, with
many different applications. At the moment, the Tuk Tuk Holding company (TTH) is the only OEM in the world that produces
eTuks with 6 passenger seats. The market is growing fast: in 2015 more than 210 eTuks were sold in almost 30 countries,
and the eTuks are so successfully exploited in various niches and in various ways. The company’s total volume has grown
over 240% over the last 2 years and the 2016 turnover is projected at over 4MEUR, with an EBITDA of over 750kEUR.
Recently, TTH has crafted a highly innovative version of the successful 6 year old technology platform. This novel platform
“KTX-20” is lighter, more efficient, modular, has a lower TCO, and can host either 4 or 3 wheels. It allows modular sizing and
scaling of batteries, and fits the upcoming European and Asian legislation for road vehicle approval. Hence, this platform
allows ultimate modular scalability to support a mere endless variation of “L-category” vehicle models and has great potential
for upscaling KTX-20 electric cars on a global level.
However, this unlimited freedom represents an inherent risk to invest the limited TTH development budgets in the wrong
business opportunities. Hence, this calls for an in-depth market research to explore the most promising business applications and related risks in this SME-INSTrument Phase 1 proposal.
Specific objectives in this H2020-SMEINT Phase 1 feasibility study are:
• Explore at least 5 (up to 10) promising business cases for the KTX-20 platform.
• Evaluate the required specifications and characteristics of these applications with potential partners and/or clients.
• Elaborate on a detailed business plan (D1).
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology civil engineering urban engineering smart cities
- social sciences economics and business
- social sciences social geography transport social aspects of transport
- social sciences economics and business business and management commerce
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
1112 AX DIEMEN
Netherlands
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.