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ELECTRIC MOBILITY SOLUTIONS All Rights Reserved TFR Holdings Corp 2024 Transportation Services Single Occupancy Vehicles (SOVs) are Bad for Cities 76.3% of Americans drive alone to work (US News) $305 BN cost of congestion/year in the US (INRIX) 35% of vehicle trips are UNDER 2 MILES The Last Mile is a Big Problem ✕ ✕ ✕ ✕ Insufficient parking Walking is not always an option Paid rides are expensive Gaps around public transportation 20+ RIDESHARE BUSES TRAIN Cost-effective with multiple revenue streams Riders love the community approach W2 local drivers make the experience special Reduce traffic congestion with shared rides Inexpensive or free for riders Solely use All-Electric vehicles More Accessible for those with physical or budget limitations Safe for riders in street-legal, electric vehicles Equitable Services in LMI and Disadvantage communities Increasing ridership, lower costs for cities On-demand offers flexibility for riders Great for short trips, alleviates Transit Deserts, connects with Trains & Buses Circuit focuses on short trips, closing the last mile gap left by other options POOLED ELECTRIC RIDES COMMUNITY FOCUS PEOPLE FIRST ON-DEMAND LAST MILE SERVICES Filling The Gap Circuit’s electric mobility solution is the final piece of the transportation puzzle Fare Collection Advertising Sales CIRCUIT: A Turnkey, Electric & Shared Solution We eliminate inefficiencies, align with user-behavior, and complement existing infrastructure. Management W2 Employee Drivers Insurance/Permits On-Demand App Ops & Reporting Parking/Charging 100% Electric Cars Grant Writing Employee Management Administrative Support Technology Revenue Generation Fleet Infrastructure One Solution to Address Many Problems Structural Last Mile Solution ✔ ✔ ✔ ✔ EFFICIENCY = COST SAVINGS $2 - $8 Cost/Rider; Others = $10 - $40 /Rider SUSTAINABILITY 100% Electric Services JOB CREATION AND QUALITY CONTROL W2 Local Workforce CONTROL AND DATA Employee Drivers, Fleet & Rider Demand Management Bus Stop Transit Station Home/Work Parking Local Hotspots Smarter, greener, cheaper than traditional options. Combating congestion, connecting with transit, reducing VMTs and GHGs. First-mile/last-mile connections. Partnering with Cities & Properties Transportation Customers — Public & Private HOW TO MEASURE TRANSIT COSTS Cost-Effective Lower hourly and per rider costs High demand = lower cost per rider. Circuit’s given over 9M rides! Hollywood replaced 3 buses with 10 Circuit cars. 30% total cost reduction 80%+ cost per rider reduction Other microtransit CPR = $20+ (with fare) Circuit pompano CPR = ~$2 (with $0 fare) Cost Per Rider (CPR) Total Number of Riders = Total Cost of Transit System Revenue from Fares & Ads - Nominal fares keep service accessible to all Award winning OOH media campaigns Support local businesses with local advertising Optional Revenue Share Programs Reduce costs with fares and advertising The Technology Customizable On-Demand Door-to-Door or Smart Spot options Pooling Algorithm Tech-driven “Ride Sharing”, vehicle prioritization and fares by zones Additional Options ADA, Spanish Language, Fare Collection, Discount Codes Data & Reporting Real Time analysis, heatmaps, data reports Customization is Key FREE vs. PAID RIDES While free rides increase access to the service, fares can be turned on to provide an overall higher performance level as service popularity increases and rider demand grows. These are a few of the considerations we take into account with our partners when managing these fare base services: ● Supply vs. demand and using fares to balance ● Dynamic pricing based on location and hours ● Discount codes for free or discounted fares SERVICE AREA vs. FIXED STOP Circuit’s rider app uses geofencing technology to design service areas in which riders can move within. However, it’s possible to set fixed stops throughout a service area. Riders must be at an exact location to request a ride (DRT). Geofenced Fixed Stop Flexibility is Key ADJUSTABLE SERVICE AREA Circuit’s technology allows for flexible areas of service which can be designed as requested, with the ability to change on the fly. ADJUSTABLE SERVICE HOURS Circuit has the ability to scale service hours based on demand, and determine the optimal number of cars needed. ● More hours decrease cost/car/service hour ● Fewer hours decrease total cost ● Hours adjustable by day, week and time of year Original Updated Electric Vehicle Options Vans Van 8-15 passengers 150+ Miles per charge ADA configurations Branding opportunities GEMs (GEM E6 - 2021 and Newer - Made in USA) 5 passengers 80+ Miles per charge ADA configurations Branding opportunities Sedans (Kia, Hyundai, VW etc.) 4 passengers 300+ Miles per charge Branding opportunities SUV Kia EV9 6 passengers 300+ Miles per charge Branding opportunities Success on the Streets What the press is saying National Operations California ● Avalon/Catalina ● Belmont Shore ● Carlsbad ● Chula Vista ● Coronado ● Culver City ● Huntington Beach ● Leimert Park ● Long Beach ● National City ● Oceanside ● Pacific Beach ● Palm Desert ● San Diego ● Santa Monica ● Seal Beach Washington ● Bellevue New York ● East Hampton ● Montauk ● New Rochelle ● The Rockaways ● Southampton ● Williamsburg Texas ● Austin ● Dallas ● Houston ● West Dallas Massachusetts ● Boston ● Plymouth Where to next? New Jersey ● Asbury Park ● Trenton South Florida ● Boynton Beach ● Boca Raton ● Fort Lauderdale ● Hollywood ● Lake Worth Beach ● Lauderdale-By-The-Sea ● Miami ● Pompano Beach ● Palm Beach/West Palm Beach ● Wilton Manors Washington, D.C. A Big Impact for Everyone ●9m+ rides, 0 gallons of gas used ●EV adoption ●Promoting mass transit ●Reducing congestion and GHG emissions ●Transportation is responsible for ⅓ of GHG emissions - EPA The Environment ●Job creation - W2, paid, trained employees ●Promoting local businesses ●Data for planning ●Low-cost options for cities ●$1 invested in Public Transportation results in a $5 return in economic activity - APTA Communities ●Little or no cost to ride ●Connections for commuters in disadvantaged neighborhoods ●ADA options available ●Access for unbanked users ●Shared rides, fewer SOVs Access & Mobility Case Studies Circuit won an RFP for a full service circulator program More Here GOALS Initially set up in partnership with Toyota North America to support local residents with free on-demand transportation to connect to existing mass transit (DART). RESULTS ● 3,700+ riders per month ● 45% of rides started or ended nearby one of DART’s bus stops or rail stations ● 70% of rides in West Dallas are shared rides Community partners join forces to build innovative mobility in West Palm Beach More Here GOALS The program aims to reduce emissions, expand access, bridge gaps to existing transit, and boost economic activity. RESULTS ● 13,000+ riders per month ● Over $600k monthly economic impact for the community ● 42+ local jobs created ● Success of the program led to more shuttles being added to the area Innovating mobility to support transit, tourism and climate goals More Here GOALS Increase mobility downtown, reduce carbon emissions, and help connect to local transit hubs. RESULTS ● 260k+ annual riders ● 1800+ monthly transit connections ● 35+ jobs created ● Over 1300 GHG emissions saved ● 100% demand for rides: user adoption success Free ride-share program in West Dallas connects residents to new opportunities. More Here WEST DALLAS, TX WEST PALM BEACH, FL SAN DIEGO, CA AFFILIATIONS AWARDS 2020 RIDE HAILING COMPANY OF THE YEAR Awards and Recognition - Tech Breakthrough Awards Ready to drive your city forward? See what we’re up to on social @ride_circuit Connect with our Sales Team & get started transportation@ridecircuit.com ↓ Visit us ridecircuit.com ↓ ↓