Everlectric
What does your company do?
Everlectric is an electric vehicle company that offers a comprehensive electric vehicles-as-a-service solution. We aim to simplify the transition to electric vehicles for businesses, promoting a cleaner and more sustainable transportation system.
We offer the following services:
Electric Vehicle Leasing: We lease internationally manufactured battery electric vehicle vehicles to businesses, focusing on logistics service providers.
Charging Infrastructure: We provide access to a charging infrastructure network, eliminating range anxiety and charging concerns for businesses transitioning to EVs.
Fleet Management: Our service includes a cloud-based platform for real-time monitoring, vehicle maintenance, and insurance, making it a hassle-free experience for clients.
By switching to EVs, businesses can reduce their carbon footprint, stabilize operating costs, and benefit from long-term sustainability.
What is your biggest success?
Everlectric was founded in 2020 with a PowerPoint presentation and an Excel spreadsheet. After a two-year journey, we secured funding from our initial investor. With that funding we launched a proof of concept with 5 vehicles, which gained traction 18 months later when a major retail client committed to 40 vehicles. This milestone marked the beginning of our rapid growth, with notable clients like DSV, FedEx, Vodacom,Clicks and others joining our electric fleet.
Today, Everlectric has expanded its fleet from 40 vehicles in 2022 to nearly 200. We have travelled close to 8000 0000 kilometers and are saving 1ton of carbon per vehicle per month. We've also secured venture debt funding to fuel our ambitious expansion plans.
What has been your biggest hurdle?
The biggest hurdle is overcoming market perceptions about the benefits of EVs in fleets. To address this, we have to invest significant effort and resources in educating prospective clients and the broader market about the advantages of EVs, including:
Carbon Savings: Reducing greenhouse gas emissions and environmental impact
Cost Efficiency: Lower operating costs and improved fleet management
By educating the market, we aim to increase adoption and drive growth in the EV leasing sector. We are now also in a position to share real statistics with the market based on the experience we have had.
