Rapid MVP Development for EV Car Rental Platform to Validate Business Model and Accelerate Investment

The client faces the challenge of validating their electric vehicle rental business idea quickly and cost-effectively, with limited initial operational infrastructure, to attract early-stage investment and verify market demand within a constrained timeframe.

A startup in the electric vehicle mobility sector aiming to establish a fleet rental and sharing service to attract initial users and secure funding.

• Develop a minimum viable product (MVP) for an electric vehicle rental platform within a 2-month period to allow early user engagement and feedback.
• Create a scalable, user-friendly mobile and web app that facilitates vehicle booking, management, and payment processes.
• Achieve at least double the initial investment through successful MVP deployment and early user traction.
• Validate market demand and operational viability to support future scaling efforts.

• User registration and authentication system for secure access
• real-time inventory display of available EVs with location-based filtering
• Reservation and booking system allowing users to select vehicle models, rental duration, and pick-up/drop-off locations
• Integration with a payment gateway for secure transaction processing
• Admin dashboard for vehicle management, booking oversight, and user management
• Basic analytics dashboard for tracking user activity, bookings, and revenue metrics
• Notification system for booking confirmations and updates

• Payment gateway (e.g., Stripe, PayPal) for secure payments
• Mapping and geolocation services for vehicle tracking and location-based filtering
• Notification and SMS services for user updates
• Potential integration with EV charging station APIs for real-time charging status

• System scalability to support increasing user base, aiming for rapid growth within 2-3 months
• High system availability with 99.9% uptime
• Data security compliance, including GDPR and PCI DSS standards
• Responsive performance with app response times under 2 seconds
• User privacy and secure data handling protocols

Successfully launching the MVP within the planned timeframe aims to validate market acceptance, attract at least double the initial investment, and lay the foundation for rapid scaling. The platform is expected to generate early revenue streams, gather valuable user feedback, and demonstrate operational viability to investors, thereby accelerating growth and market entry in the electric vehicle rental sector.