Fuelin: enabling fleet managers in Egypt to cut fuel costs

Fuelin: enabling fleet managers in Egypt to cut fuel costs

Increased digitisation in Egypt and the rise in smartphone adoption has pushed the demand for transportation services, whether this relates to the movement of people, goods or shipping parcels to consumers. Amid record-high inflation and fluctuations in the price of oil, reducing operational costs has become a top priority for logistics companies that operate  their own fleets.

The past few months saw the emergence of several initiatives by private sector companies as well as logistics startups to lessen dependence on oil and switch their fleets to electric vehicles. But, the majority of commercial vehicles still largely run on diesel fuel. According to the Regional Centre for Renewable Energy and Energy Efficiency (RCREEE), diesel dispensers consume 3.7 million tonnes of diesel every year, releasing over 10 million tonnes of carbon emissions. 

Fuelin, is one startup that enables companies to reduce operating costs by bringing down fuel usage. Through Fuelin, fleet managers can track and monitor fuel consumption and be notified in case of overconsumption or faulty transactions.

The startup deploys optical character recognition (OCR) reading capabilities that can recognise the reading on the fuel dispenser and translate it into a digital text.

Armed with operational data and insights, drivers, on