To dive deeper, check out the complete article from original source:
https://droomdroom.com/headline-electric-car-tokenization-platform-fuelev-aims-to-be-the-worlds-largest-community-owned-electric-vehicle-fleet/

🌍 FuelEV: Revolutionizing EV Ownership through Tokenization

FuelEV aims to create the world’s largest community-owned electric vehicle (EV) fleet by leveraging the Internet Computer Protocol (ICP). 🌐 This innovative platform tokenizes city-based EV fleets, allowing investors to co-own vehicles and earn revenue from car rentals, ridesharing, and future robotaxi services.

How it Works
FuelEV divides fleets into city networks, starting with Mumbai, a rapidly growing car rental market. Investors can buy into these networks using Fuel tokens, benefiting from multiple revenue streams.

🔗 Why ICP?
ICP ensures sub-2-second transaction finality, zero gas fees, and efficient data storage ($5/GB annually). Its advanced architecture powers FuelEV’s smart contract wallets, booking platforms, and tokenization systems, all while offering Web2-like ease of use through Internet Identity.

🤖 Future of Mobility
FuelEV aims to eliminate individual car ownership, replacing it with community-owned fleets. Retrofitted vehicles with AI-driven dashcams will gather valuable data to enhance autonomous driving and generate revenue through paid APIs for robotaxi operators.

💡 Key Highlights

• First vehicle (MG ZS EV) launched, with strong booking demand in Mumbai.

• ICP’s robust ecosystem enables high performance and scalability.

• Fuel tokens incentivize participation and unlock ecosystem perks.

With global EV adoption accelerating (1 in 5 vehicles sold is electric), FuelEV is positioned to drive the mobility revolution while empowering communities. 🚀