Electric car sharing start-up elivestock is raising capital through crowdfunding as it appears to be expanding into the UK and EU markets.
Launched in 2016, Evee now hopes to raise $2 million in equity crowdfunding campaign Birchal.
The company covered three million kilometers electric vehicle (EV) sharing just days before the campaign kicked off earlier this month. A reduction of 35% of the rental price is required for EVs booked through the sites
Evee founder Slava Kozlovskii said they are riding the wave of Australia’s early adopters of electric cars. The marketplace has one of the largest EV fleets in Australia, with brands such as Tesla, Polestar, Kia, Mercedes and MG in major cities.
The crowdfunding campaign gives people who believe in space the chance to invest in it without having to buy a car.
“So we are quite excited as our community of landlords and tenants is a very passionate bunch, and this is one of the first opportunities to get behind an Australian player in the industry,” he said.
“We want to keep pace with the massive increase in electric vehicles entering this market, enabling access to a wider audience and further reducing the environmental impact of owning a car.
“Our plan is not just to provide the cars, but to make sure that renewable energy to power them is always part of the equation.”
Expressions of interest in evee close today ahead of the campaign being opened more widely to investors.