- February 16, 2023
- Posted by: Admin
- Category: Famous App Analysis, Innovation, Technology
Electric vehicles (EVs) are poised to become the next big thing in the ride-hailing and car subscription markets. With the increasing concern about air pollution and the need for more sustainable transportation solutions, the demand for EVs is rapidly growing. This, in turn, is driving the growth of electric ride-hailing platforms, which are becoming increasingly popular among customers who are looking for environmentally friendly transportation options.
Furthermore, car subscriptions, which offer customers the flexibility to switch between different vehicles, are also becoming more popular, with many companies offering EVs as part of their fleets. This allows customers to experience EVs without having to make a long-term commitment to ownership.
The development of electric ride-hailing platforms in India has been gaining momentum in recent years, driven by the Indian government’s aim to promote electric vehicles (EVs) and reduce air pollution. Several ride-hailing companies have started incorporating EVs into their fleets in cities like Delhi and Bengaluru, and plan to expand this further.
Investing in the development of electric ride-hailing platforms like BluSmart in India can be a potential opportunity for investors looking to tap into the growing market for EVs and ride-hailing services.
BluSmart is a demanding Electric vehicle ride-hailing platform in India that has grabbed the attention of every business visionary that are looking to invest in something big.
Therefore to help you to take a confident step into the EV ride-hailing market, we as a reputable EV tech development company in India structured an in-detail blog that provides you with a walkthrough on the BluSmart EV development platform, its features, development process, and cost of building Blusmart.
Are you ready to delve into this interesting blog?
Overview on BluSmart
BluSmart is a leading player in the EV ride-hailing space in India and is dedicated to providing clean and sustainable transportation options to its customers. The company is committed to reducing its carbon footprint and promoting the adoption of EVs, making it a pioneer in the transition toward a more sustainable future.
One of the key features of BluSmart is its focus on customer service. The company uses technology to ensure that its riders have a safe and comfortable experience, from the moment they book a ride to the end of their journey. BluSmart also has a user-friendly mobile app that allows customers to book rides, track their vehicles, and make payments easily.
In terms of its fleet, BluSmart operates a mix of electric cars and bikes, which are designed to provide a smooth and efficient ride. The company regularly maintains and updates its vehicles to ensure that they meet the highest standards of safety and reliability.
BluSmart also offers a unique subscription-based program for frequent riders called the BluSmart Pass. This program provides a range of benefits such as discounted rides, flexible payment options, and dedicated customer support. This program is designed to make the experience of using BluSmart more convenient and affordable for frequent riders.
Is it valuable to invest in an Electric ride-hailing platform?
Whether or not it’s valuable to invest in an electric ride-hailing platform depends on several factors, including the growth potential of the market, the competitiveness of the industry, and the financial performance of the specific company. The electric ride-hailing market is a relatively new but rapidly growing industry, driven by the increasing demand for eco-friendly and cost-effective transportation options. The Indian government has set a target of converting all vehicles to electric by 2030, and this has created a favorable environment for the growth of electric ride-hailing services.
According to recent reports, the electric ride-hailing market in India is expected to grow at a significant rate over the next few years. This growth is being driven by the increasing demand for eco-friendly and cost-effective transportation options, as well as the growing number of electric vehicle (EV) charging stations in the country.
The adoption of electric ride-hailing services has been strongest in major cities such as Delhi, Mumbai, and Bangalore, where there is a large customer base and a relatively well-developed charging infrastructure. The Indian government has been actively promoting the use of EVs in the ride-hailing sector and has launched several initiatives to support the growth of this industry.
However, the market is also becoming increasingly competitive, with a growing number of companies entering the market. To succeed in this market, a company must have a strong brand, a well-designed business model, and a commitment to providing high-quality services to its customers.
When considering an investment in an electric ride-hailing platform, it is important to carefully evaluate the financial performance of the company, including its revenue, expenses, and profitability. It is also important to consider the company’s growth prospects and its ability to compete effectively in a rapidly growing market.
Features to include in Building an EV ride Hailing Platform like Blusmart
User app Features
When designing the user app for an electric vehicle (EV) ride-hailing platform, it’s important to include features that will make the app easy to use and provide a positive user experience. Some of the key features to include in the user app are:
Easy registration and login: The feature allows users to easily register and log in to the platform, either using their email or phone number.
Ride booking: Your EV ride-hailing app should allow users to easily book a ride, either in advance or for immediate pickup. It should also allow users to select the type of vehicle they want, such as a sedan or electric rickshaw.
Real-time tracking: The app should facilitate real-time tracking of the ride so that users can see the location of their vehicle in real-time and know when to expect their ride.
Fare estimation: This feature provides a fare estimate before the ride so that users know how much they will be charged before they start their ride.
Payment options: Through this feature users can easily pay for their ride using a variety of payment methods, including credit cards, digital wallets, and cash.
Rating and feedback: After the ride is completed, your app should empower the users to rate the driver and provide feedback on the ride. This feedback can be used to improve the quality of service provided by the platform.
History and receipts: It facilitates users to view their ride history and receipts so that they can easily keep track of their expenses.
Customer support: The app needs to provide easy access to customer support so that users can get help with any issues or questions they may have.
Driver app features
When developing the driver app for an electric vehicle (EV) ride-hailing platform like BluSmart, it’s important to include features that will help drivers provide high-quality service and manage their work effectively. Some of the key features to include in the driver app are:
Easy registration and login: The app should allow drivers to easily register and log in to the platform, either using their email or phone number.
Ride acceptance: Integration of this feature will notify drivers when a ride has been requested, and allow them to accept or decline the ride.
Real-time tracking: The feature empowers the real-time tracking of the ride so that drivers can see the location of the passenger and the destination.
Navigation: Your EV ride-hailing driver app should provide turn-by-turn navigation to help drivers get to the passenger’s pickup location and destination.
Payment tracking: Allowing drivers to view the fare for each ride, as well as keep track of their earnings over time
Vehicle information: Enables the information on the battery level and other key metrics for the vehicle, to help drivers manage their vehicle effectively.
Customer feedback: The app should allow drivers to view ratings and feedback from customers so that they can see how they are performing and identify areas for improvement.
Customer support: Enables easy access to customer support, so that drivers can get help with any issues or questions they may have.
Admin Panel Features
The admin panel is a critical component of an electric vehicle (EV) ride-hailing platform like Bluemart, as it provides a centralized interface for managing and monitoring the platform. Some of the key features to include in the admin panel are:
User management: The admin panel should allow for the management of both passengers and drivers, including adding and removing users, and monitoring their activity.
Ride management: Offers the real-time view of all rides on the platform, including pickup and drop-off locations, driver information, and fare information.
Payment management: Enables the detailed view of payments made on the platform, including payment method, date, and amount.
Driver performance: The admin panel should provide data on driver performance, including acceptance rate, cancellation rate, and rating. This information can be used to improve the quality of service provided by the platform.
Vehicle management: The feature unleashes information on the vehicles on the platform, including battery level, maintenance status, and usage patterns.
Fare management: Allow for the management of fares and pricing, including setting base fares and surge pricing.
Marketing and promotions: The admin panel should make it possible to manage marketing and advertising campaigns, including developing and overseeing referral schemes, coupons, and discounts.
Customer support: A centralized interface for managing customer support, including answering customer questions and giving assistance to customers, should be available through the admin panel.
High-tech or advanced features to include in EV ride-hailing platform
Incorporating high-tech or advanced features into an electric vehicle (EV) ride-hailing platform can help it stand out from competitors while also improving user experience. Here are some advanced features to think about:
AI-powered dispatch: Using artificial intelligence algorithms, the platform can match drivers with passengers based on real-time traffic conditions, driver location, and vehicle availability.
Predictive maintenance: The platform can use vehicle data to predict maintenance needs and schedule service, reducing downtime and ensuring a smooth ride for passengers.
In-car entertainment: To improve the ride experience, the platform can provide passengers with in-car entertainment options such as streaming music and video.
Real-time energy management:
The platform can use real-time data to optimize energy usage and extend the range of the vehicles, reducing the need for frequent battery charging and improving service efficiency.
To improve safety and reduce accidents, the platform can incorporate advanced driver-assist technology such as lane departure warning, forward collision warning, and automatic emergency braking.
Charging station integration:
The platform can integrate with charging station networks to provide vehicles with convenient charging options, reducing downtime and increasing service efficiency.
In order to predict pricing and adjust fares in real-time, the platform can use data on factors like traffic, demand, and weather conditions. This helps the platform to maximize revenue and offer passengers a more affordable service.
Step by step Process to Build EV ride-hailing platform like BluSmart
Building an electric vehicle (EV) ride-hailing platform is a complex process that involves several steps, including:
Conduct market research:
Before building the platform, it is important to conduct market research to understand the target market and determine the demand for EV ride-hailing services. This research can inform the development of the platform and help to identify the key features that users are looking for.
Define the product vision:
After conducting market research, the next step is to define the product vision for the platform. This includes determining the target market, the key features of the platform, and the overall user experience.
Choose a tech stack:
The platform will be built using a combination of technology components, including hardware, software, and network infrastructure. It is important to choose a tech stack that is scalable, secure, and can support the requirements of the platform.
Design the user interfaces:
The platform will have two main user interfaces: a passenger app and a driver app. The user interfaces should be designed with the target users in mind and should be intuitive and easy to use.
Develop the backend infrastructure:
The backend infrastructure is responsible for managing the data and logic of the platform. This includes managing user accounts, processing payments, managing ride requests, and more.
Develop the mobile apps:
The passenger and driver apps are the main interfaces for the users. These apps should be developed to be fast, reliable, and easy to use, and should integrate with the backend infrastructure to provide a seamless experience for the users.
Test and refine the platform:
Before launching the platform, it is important to test it thoroughly to ensure that it is functioning as expected. Any bugs or issues should be identified and fixed before the platform is made available to the public.
Launch the platform:
After the platform has been developed and tested, it can be launched to the public. The platform should be marketed to the target audience and the user base should be grown through targeted marketing campaigns.
In conclusion, building an EV ride-hailing platform involves conducting market research, defining the product vision, choosing a tech stack, designing the user interfaces, developing the backend infrastructure, developing the mobile apps, testing and refining the platform, and launching the platform.
What tech stack to include for building an EV riding platform?
The technology stack for building an electric vehicle (EV) ride-hailing platform can be broken down into several components, including:
The frontend technology is responsible for the user interface of the platform. This can include technologies such as React Native for mobile app development and Angular for web app development.
The backend technology is responsible for the management of the platform’s data and logic. This can include technologies such as Node.js for server-side development and MongoDB for database management.
The payment gateway is responsible for processing payments from passengers. This can include technologies such as Stripe or PayPal.
Maps and location services:
Maps and location services are an important component of the platform, providing real-time information on the location of drivers and passengers. This can include technologies such as Google Maps API and the Geolocation API.
Vehicle data management:
The platform will need to collect data from the vehicles, such as battery life, speed, and location. This data can be managed using technologies such as MQTT or Apache Kafka.
Notification and communication systems:
The platform will need to provide real-time notifications and communication between drivers and passengers. This can be achieved using technologies such as Firebase Cloud Messaging or Twilio.
Machine learning and AI: Machine learning and artificial intelligence (AI) can be used to optimize the dispatch of vehicles, predict maintenance needs, and improve the overall efficiency of the platform.
The technology stack for building an EV ride-hailing platform should include frontend technology, backend technology, a payment gateway, maps and location services, vehicle data management, notification and communication systems, and machine learning and AI. The specific technologies to be used will depend on the requirements of the platform and the target market.
How Much Does it cost to develop a platform Like BluSmart?
The cost of building an electric vehicle (EV) ride-hailing platform like BluSmart will depend on a number of factors, including the complexity of the platform, the technologies used, and the scale of the platform. Some of the key cost factors include:
The cost of the development team will depend on the size of the team, the experience of the developers, and their location. A development team in a high-cost location such as the United States or Western Europe will typically be more expensive than a team in a lower-cost location such as Eastern Europe or India.
The cost of the technology stack will depend on the specific technologies used. For example, using proprietary technology or a technology that requires licensing fees will be more expensive than using open-source technologies.
The cost of building the platform will also depend on the scale of the platform. A small platform with a limited number of users will be less expensive to build than a large platform with millions of users.
Marketing and customer acquisition:
The cost of marketing and customer acquisition will depend on the marketing strategies used and the target audience. This can include the cost of marketing campaigns, advertising, and customer support.
The cost of building an EV ride-hailing platform like BluSmart will depend on several factors, including the development team, the technology stack, the platform scale, and the marketing and customer acquisition strategies.
A rough estimate of the cost of building a small to medium-sized EV ride-hailing platform like BluSmart could range from $50,000 to $500,000, while the cost of building a large-scale platform could range from several million of dollars to tens of millions of dollars.
However, this is just a rough estimate and the actual cost will depend on the specific requirements of the platform.
How DxMinds proves to be the right fit for EV ride-hailing platform development?
Here are a few reasons why DxMinds could be the right fit for EV ride-hailing platform development:
Expertise in EV ride-hailing platform development: DxMinds has a team of experienced developers who have expertise in developing EV ride-hailing platforms and have delivered successful projects for clients in this domain.
Technical expertise: The team holds extensive technical expertise and uses the latest technologies and tools to develop EV ride-hailing platforms, ensuring that the final product is scalable, secure, and reliable.
User-centered design: We place a strong emphasis on designing EV ride-hailing platforms that are user-friendly, intuitive, and provide a great user experience.
Customizable solutions: Being recognized as a reputable digital tech company we offer customizable solutions to meet the specific requirements and needs of each client, ensuring that the final product is tailored to their unique requirements.
Overall, DxMinds’ experience and expertise in EV ride-hailing platform development, combined with their focus on user-centered design and their commitment to providing customized and reliable solutions, make them a strong fit for EV ride-hailing platform development.
The development of an EV ride-hailing platform requires a deep understanding of the latest technologies, trends, and regulations in the transportation industry. The platform must be user-friendly, scalable, secure, and able to provide a seamless and efficient experience for both riders and drivers.
A good development partner can help businesses navigate the complex process of developing an EV ride-hailing platform and ensure the final product meets their unique requirements and expectations. With its expertise, commitment to customer satisfaction, and focus on delivering high-quality solutions, DxMinds is well-positioned to help businesses develop successful EV ride-hailing platforms.
What is an EV ride-hailing platform?
An EV ride-hailing platform is a transportation service that connects riders with electric vehicle (EV) drivers through a mobile app or web platform. The platform allows riders to book an EV ride in real-time, track their ride, and make payments through the app.
Why should I consider developing an EV ride-hailing platform?
Developing an EV ride-hailing platform can help businesses meet the growing demand for environmentally-friendly transportation options and tap into a large and growing market. It also allows businesses to differentiate themselves from traditional ride-hailing platforms and take advantage of the many benefits of EVs, including reduced operating costs, lower emissions, and improved performance.
What are the key components of an EV ride-hailing platform?
The key components of an EV ride-hailing platform include a user-friendly mobile app or web platform, a real-time GPS tracking system, a payment gateway, a dispatch system, and a back-end management system. The platform must also be designed to handle the specific challenges and requirements of EVs, such as charging infrastructure, range limitations, and battery management.
How do I choose the right development partner for my EV ride-hailing platform?
When choosing a development partner for your EV ride-hailing platform, it is important to look for a company with extensive experience in the development of similar platforms, a deep understanding of the latest technologies and trends, and a commitment to delivering high-quality solutions. You should also consider the company’s track record, reputation, and willingness to work with you to understand your unique requirements and goals.
What are the key challenges in developing an EV ride-hailing platform?
The key challenges in developing an EV ride-hailing platform include designing a user-friendly and scalable platform, integrating a real-time GPS tracking system, securing the platform against cyber threats, and ensuring that the platform is able to handle the specific challenges and requirements of EVs. Additionally, businesses must also consider the regulatory environment and ensure that their platform complies with local and national laws and regulations.