Montreal Green TaxiGreen Taxi Montreal
Late last week, the Montreal phone was made available to everyone in Montreal with a smart phone, but still in test session. Téo portable applications can be purchased from Apple's Apple Store and Google Play. Just like the Uber site, the Téo site allows the user to see how far away other vehicles are from their site, and all payment is made through the site by using a debit cards.
Using Kia Souls, Teslas and Nissan Leafs, and currently with 10 loading points, Téo's services are restricted to the heart of the city centre and parts of Plateau-Mont-Royal. TEO is a different kind of taxi business. Rather than having taxi riders who hold or hire their own driver's license, the Quebec authorities granted the firm an exemption, namely the possibility to hire the licenses and allocate them to specific vehicles.
This means that Téo has more vehicles than licenses, which allows him to exchange vehicles that are charged in the midday. It also allows the taxi operator to employ its driver and give them a $15 per hours salary and vacation payment. Taillefer, XPND Capital, and other investment companies, such as Claridge Investment Ltd, are investing approximately $250 million in the project.
To extend its networks, it will add more charging devices. Over the next few months, the firm will also install taxidomes on the top of its vehicles so that they can be greeted on the road.
Montreal taxi electrical services introduced
Alexandre Taillefer, a Montreal businessman and private equity firm, presented the city's first electro-taxi vehicle on Wednesday mornings. Téo will be launched on 26 November under a test phase with 500 test takers until mid-March, when the Téo services will be available to the general public. Téo will be a test phase with 500 test takers. "We' re putting billions and billions into this investment, so we want to offer the best experience," said Taillefer, CEO of XPND Capital, the main shareholder of Téo.
On Wednesday, the enterprise started with great enthusiasm in its Servicezentrum in St-Patrick St. in Pointe-St-Charles. Then many of those who took part in the announcements were taken in Téo Taxi to the Queen Elizabeth Hotel, where Taillefer spoke to the Metropolitan Montreal Department of Commerce at lunchtime. Taillefer, XPND Capital, and other investment companies, such as Claridge Investment Ltd, are investing approximately $250 million in the project.
Waistlefer will compete with $4 million of his own cash. The Téo is another taxi business modell. They own the vehicles and rent their taxi rights and give the driver an hours work. Driver earns $15 per hour, receive remunerated services and holiday season, in comparison to conventional taxi driver owned car businesses, paying for licenses and being regarded as unrelated labor.
But with all the cost they have to bear, Waistlefer said that many taxi drivers who work for conventional businesses make only $8 per hours. A year ago, the Quebec authorities gave Waistlefer approval for his business to lease taxi fees and use them for single vehicles. TEO got an exemption from the customary taxi regulations, which only allow single persons and not businesses to buy or hire taxi fees.
Waistlefer said that Téo can buy its driver good wages with services and holiday bonuses because it will be saving about $15,000 per vehicle from gasoline alone. Taillefer will also achieve significant economies of scale through what it terms a preventive system of supply anddemand. It will retrieve the information from its phone call to locate its taxi in strategically important places and also monitor what is happening in the cities, such as a metroout.
Taxis are expected to stop only 40 percent of the way, as compared to conventional taxis, which are 75 percent unused. Waistlefer said that Téo vehicles won't be parked at any taxi ranks. "Taillefer said: "With these actions, we will cut our running cost by 35 percent and transfer half of these cost reductions to our riders.
Clients are paying about the same to take a taxi as a conventional taxi, as the firm is tied to the highest prices fixed by the Commission des transports du Québec. During periods of low interest, Tao calculates packages and offers offers for persons booking return journeys.
Waistlefer said he believed Téo will be preferred by the consumer to the much-loved and generally cheaper portable app Uber Y, which allows the driver to earn cash by allowing them to drive their own car. It added that Téo-Passenger like Uber will be able to call their taxis via a portable app and evaluate their driver.
Taillefer is planning to have more than 100 cabins within one year, 1,000 cabins by 2017 and 2,000 cabins by 2019. are Nissan Leafs, Kia Souls and Teslas. Téo now has 10 loading points in the Téo car park. Waistlefer said this was the world's first fully automated electro-taxi enterprise.
Once the project is a success, he wants to expand the scheme to other parts of the globe. Some people weren't too pleased with the new electro-taxi family. A blunt taxi operator, Hassan Kattoua, was standing outside the Téo services center protesting and sending a letter to Transport Minister Robert Poëti.