The race to find the right self-driving solution is a hot topic.

In recent years, companies have ranged from Tesla Inc. and Ford Motor Co. to alphabet incis google and Uber Technologies Inc. entered the field of self-driving cars. The opportunity to be first to market could be one of the greatest in decades for those who get it right.

Self-driving taxis offer a multi-billion dollar market opportunity as they effectively take the costs associated with paying drivers out of the $200 billion global taxi and ridesharing market. Despite its inability to find profitability, Uber is still valued at over $50 billion, and it could easily double that if it finds a profitable solution to its business model. This model are self-driving taxis.

The market is even larger when considering the impact of people who would choose a vehicle over its competitors based on its self-driving capabilities.

Almost every major market player is trying to adapt their current vehicles to a self-driving model instead of building a self-driving model to meet the needs of the market.

For example, the average Uber driving distance in an urban setting is 5 to 7 miles. Building a vehicle that’s ideal for urban environments is probably a lot easier than trying to build something that works in every situation, everywhere.

Eli electric vehicles trying to do just that. The company manufactures small electric vehicles (EVs) designed to conquer the urban micro-mobility market. Micromobile modes of transportation such as electric scooters, onewheels and electric unicycles have gained traction in recent years to address this problem, but they only offer a partial solution.
Eli Electric manufactures and sells small all-electric cars perfect for urban environments. The company’s goal is to transform its platform into a self-driving mini-taxi to solve the problem of micro-mobility and self-driving taxi.

The company has launched a crowdfunding campaign. For a…