SMD1 Tokenby SmartDrive
Market

The problem and the market opportunity

Thousands of people work on apps like Uber and inDrive with rented gasoline vehicles. Fuel takes almost a third of their income.

15,000+drivers on apps like Uber and inDrive in El Salvador
105,000platform workers in Central America
63,000people in the target market
US$476.3Min financeable assets
Central America

The market, country by country

The target market is 60% of the platform workers in each country.

  1. Costa Rica 21,600 / 36,000
  2. Guatemala 16,200 / 27,000
  3. El Salvador 9,000 / 15,000
  4. Panama 8,400 / 14,000
  5. Honduras 4,500 / 7,500
  6. Nicaragua 3,000 / 5,000
  7. Belize 300 / 500
The SmartDrive solution

Savings for drivers

What a driver earning $400 a week makes and spends, in US$. The rent is the same; the difference is energy.

With SmartDrive
Spent on electricity5%

Energy cost as a share of total income.

ItemUS$ per week% of income
Income$400100%
Rental cost$15038%
Charging cost$215%
Driver's margin$22957%
Current gasoline rental
Spent on gasoline30%

Gasoline cost as a share of total income.

ItemUS$ per week% of income
Income$400100%
Rental cost$15038%
Gasoline cost$12030%
Driver's margin$13033%

76% more margin for the driver: $229 left each week instead of $130.

Projections 2026 – 2030

$95.5M in annual revenue by the end of 2030

16,880 electric vehicles in operation in 2030: 11,500 motorcycles, 4,500 cars, 800 buses and 80 trucks.

  1. $251K34 vehicles 2026
  2. $8.1M1,840 vehicles 2027
  3. $27.4M5,070 vehicles 2028
  4. $55.4M9,990 vehicles 2029
  5. $95.5M16,880 vehicles 2030

Regional expansion

  1. El Salvador2026
  2. HondurasFirst half of 2027
  3. GuatemalaSecond half of 2027
  4. PanamaFirst half of 2028

SmartDrive projections. They are not a guarantee of results.

Want the full detail?

The investment memorandum has the complete model, the terms of the SMD1 token and the growth plan.

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