Institute for Affordable Transportation

Last updated
Institute for Affordable Transportation
Founded Indianapolis, Indiana (2000)
Type Non-profit
Location
Services Alleviate poverty
Fields Provide affordable transportation for developing world
Key people
Will Austin
Website www.drivebuv.org/

The Institute for Affordable Transportation (IAT) is a non-profit organization located in Indianapolis, Indiana, USA. The IAT is devoted to developing high-quality, low-cost transportation to provide mobility, freedom and economic hope to people in rural areas of developing countries. This involves a class of transportation known as a Basic Utility Vehicle (BUV). BUV’s are designed to provide mobility, freedom and economic hope to people in rural areas of developing countries. The BUV can promote trade and sustainable development by allowing micro-business growth and trade at a grassroots level.

Indianapolis State capital and Consolidated city-county in the United States

Indianapolis, often shortened to Indy, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. According to 2017 estimates from the U.S. Census Bureau, the consolidated population of Indianapolis and Marion County was 872,680. The "balance" population, which excludes semi-autonomous municipalities in Marion County, was 863,002. It is the 16th most populous city in the U.S. The Indianapolis metropolitan area is the 34th most populous metropolitan statistical area in the U.S., with 2,028,614 residents. Its combined statistical area ranks 27th, with a population of 2,411,086. Indianapolis covers 368 square miles (950 km2), making it the 16th largest city by land area in the U.S.

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In order to engage young engineering and technology talent, the IAT has enlisted educational institutions in the design and development of BUV’s. Other universities are involved with the IAT initiative in marketing research to calculate costs, target market, distribution, location, service and logistics issues.

Will Austin, the Executive Director of IAT, began working full-time on the BUV design in April 2000 and founded the Institute for Affordable Transportation as a 501(c)(3) public charity shortly thereafter. IAT is funded by individuals, foundations, churches, and international corporations.

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