Summary
This company acquired more than 30 intellectual property rights related to vehicle data analysis and succeeded in growing into a company with 6 million users worldwide. And it released a vehicle diagnosis and management system consisting of an OBD2 Bluetooth scanner, mobile APP application, and server. This company seeks a partner capable of B2B2C cooperation to distribute its OBD2 Bluetooth scanner in each country.
Description
If you plug in the OBD2 Bluetooth scanner to the vehicle's OBD terminal, the APP platform collects, analyzes, and displays all data from the vehicle. Through collecting and analyzing hundreds and thousands of data, various services such as vehicle management, maintenance, driving management, and monitoring are implemented through a mobile APP in your hand.
It allows you to diagnose your vehicle anytime, anywhere. In addition to vehicle diagnosis, the app platform provides vehicle maintenance, a safe and economical driving guide, real-time driving data monitoring, and danger prediction by collecting and analyzing numerous user vehicle data.
In addition, its new B2B platform service for corporation that the company is developing makes B2B customers remotely diagnose and manage all their vehicles that insurance companies, car rental companies, fleets, and logistics companies control or manage.
Even used cars and new cars without connected car technology will be with its vehicle data platform. More than 1.5 billion vehicles registered worldwide did not have the means and methods to collect vehicle data. However, the OBD2 Bluetooth scanner and its APP can secure data from used cars and new cars without connected car technology, which is the most important in the mobility market.
In 2023, this new B2B platform will be launched for existing personal vehicle customers and insurance companies, rental car companies, logistics companies, used car platforms, and corporate customers who need to manage multiple vehicles. As a diagnosis, management, and data platform for various vehicles, This company wants to become a model of innovation and standard of ‘vehicle data platform’ that does not alienate any vehicle to play a leading role in the field of mobility.
One of the company's business models is to sell OBD2 Bluetooth scanners and provide apps to be used free of charge. And the other is to use third-party OBD2 Bluetooth or Wifi scanners for its company's app application through in-app payment for three months, six months, and one year. The company seeks a partner capable of B2B2C cooperation to distribute its OBD2 Bluetooth scanners in each country. Accordingly, the cooperation model the company wants is to secure an exclusive distribution partner for each country.
Exclusive Partner-specific terms are conditioned on purchasing and distributing between 10,000 and 20,000 of its scanners for a minimum period of one year, depending on the market size in each country. So in the case of the potential partners, it will be very helpful if they can distribute the items online or offline.