Company to soon expand its full-stack metaverse platform in global markets
1Verse, with Tyremarket.com, recently unveiled a fully integrated Metaverse-based electric vehicles dealership. It aims to connect virtual and real-world auto commerce via mobile, AR and VR-enabled capabilities. The dealership, which has been launched through a newly formed subsidiary, will sell two and three-wheel EVs throughout India. The company opines that since hundreds of millions of consumers in Asia and Africa rely on lighter vehicles, this is the most important market for achieving a transition from fossil fuels to EVs.
As per the statement released, 1Verse’s immersive metaverse/real-world fusion model allows shopping access at local metaverse kiosks, as well as access through multiple computers and mobile phone screens.
1Verse Founder Prashanth Joshua stated, “1Verse features the capability to create metaverse EV storefronts, where brick and mortar sales infrastructure is limited. Instead of travelling 50 miles or more to an EV dealership, people will be able to access a physical location right near them, where they can look at, customize and even test drive the EV that they want to purchase.”
Joshua believes that EVs are only one way, but a socially critical way, for 1Verse to expand consumer choice in Asia. “Large populations spread out across many mid-size urban areas that lack extensive physical shops, create a powerful need for virtual, yet trusted, shopping for many items, most of all large consumer devices such as electric vehicles,” he added.
1Verse claims to be the first company to deliver meta-world and real-world shopping seamlessly and at scale. Currently present in the US and India, it plans to expand internationally once its initial sales goals are achieved in India. Tyremarket.com is a leading automotive aftermarket parts and tire portal in India.
