EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
Road to reform: Driving out compensation cultureAviva plc
The document outlines Aviva's plan to reform compensation for whiplash claims in the UK. It summarizes that whiplash claims have increased significantly even as road accidents have decreased, driving up insurance premiums. Aviva proposes a three-point plan to address this: treating minor injuries with rehabilitation instead of cash awards, raising the threshold for lawyer involvement in claims, and banning referral fees. The plan is estimated to reduce unnecessary costs in motor insurance by £1.4 billion and lower premiums by £50.
Bill 15 aims to reform Ontario's tow truck and auto insurance industries by creating greater regulatory oversight of towing and storage practices. It would establish rules to prevent unethical conduct like kickbacks between tow truck drivers and repair shops. The bill also seeks to reduce auto insurance costs by lowering payouts for legal fees, assessments, and bodily injury claims, in order to lower premiums for most policyholders who do not make claims. Overall, Bill 15 introduces protections for consumers and aims to reduce auto insurance rates in Ontario.
Road to Reform: Tackling the UK’s Compensation Culture July 2014Aviva plc
Aviva’s report, ‘Road to Reform: Tackling the UK’s Compensation Culture’ calls for three key reforms which will reduce cost and improve service for Britain’s insured drivers:
Compensate minor, short-term personal injuries in road accidents with rehabilitation only. Insurers would arrange and pay for the customer’s rehabilitation, regardless of whether the customer is at fault or not. Cutting cash compensation for minor whiplash injuries could save an estimated £900m from the current annual £2 billion* cost of whiplash claims in the UK
Restrict personal injury lawyers to cases where their expertise is needed. Raising the threshold at which legal costs can be recovered by a lawyer could save £300m in straight-forward cases for minor injuries where lawyers are not necessary
Ban referral fees. A further £200m can be saved annually by banning referral fees for vehicle recovery, car repairs and car hire
Aviva's Road to Reform - reducing motor premiums by reforming the personal in...Aviva plc
The current motor insurance system is dysfunctional and has resulted in above-inflation premium rises for ordinary motorists.
The main reason for this is a disproportionate increase in minor bodily injury claims, most commonly for whiplash. Since 2009, the number of whiplash claims has risen by 32%, despite the number of accidents falling by 16%. In the same period personal injury claims soared to become more than half of all motor claims costs at Aviva; rising to 52% in 2011.
Aviva surveyed over 2,000 drivers to get their views on premiums and reform. The findings show an overwhelming belief among drivers that an excessive cash-compensation culture exists in the UK.
UK drivers overwhelmingly want to see the back of the personal injury (PI) ‘compensation culture’ that is now costing every motorist an extra £118 on their annual motor insurance premium.
Motor insurance in the UAE provides coverage for third party liability, fire and theft, or fully comprehensive policies. Several factors affect insurance rates, including the driver's age, gender, location, vehicle type and safety rating, driving history, and credit score. In the event of an accident, drivers should contact emergency services, not move injured parties, and file a police report to provide to their insurance company to process any claims. Serious violations like drunk or dangerous driving can result in criminal penalties alongside insurance implications.
EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
Road to reform: Driving out compensation cultureAviva plc
The document outlines Aviva's plan to reform compensation for whiplash claims in the UK. It summarizes that whiplash claims have increased significantly even as road accidents have decreased, driving up insurance premiums. Aviva proposes a three-point plan to address this: treating minor injuries with rehabilitation instead of cash awards, raising the threshold for lawyer involvement in claims, and banning referral fees. The plan is estimated to reduce unnecessary costs in motor insurance by £1.4 billion and lower premiums by £50.
Bill 15 aims to reform Ontario's tow truck and auto insurance industries by creating greater regulatory oversight of towing and storage practices. It would establish rules to prevent unethical conduct like kickbacks between tow truck drivers and repair shops. The bill also seeks to reduce auto insurance costs by lowering payouts for legal fees, assessments, and bodily injury claims, in order to lower premiums for most policyholders who do not make claims. Overall, Bill 15 introduces protections for consumers and aims to reduce auto insurance rates in Ontario.
Road to Reform: Tackling the UK’s Compensation Culture July 2014Aviva plc
Aviva’s report, ‘Road to Reform: Tackling the UK’s Compensation Culture’ calls for three key reforms which will reduce cost and improve service for Britain’s insured drivers:
Compensate minor, short-term personal injuries in road accidents with rehabilitation only. Insurers would arrange and pay for the customer’s rehabilitation, regardless of whether the customer is at fault or not. Cutting cash compensation for minor whiplash injuries could save an estimated £900m from the current annual £2 billion* cost of whiplash claims in the UK
Restrict personal injury lawyers to cases where their expertise is needed. Raising the threshold at which legal costs can be recovered by a lawyer could save £300m in straight-forward cases for minor injuries where lawyers are not necessary
Ban referral fees. A further £200m can be saved annually by banning referral fees for vehicle recovery, car repairs and car hire
Aviva's Road to Reform - reducing motor premiums by reforming the personal in...Aviva plc
The current motor insurance system is dysfunctional and has resulted in above-inflation premium rises for ordinary motorists.
The main reason for this is a disproportionate increase in minor bodily injury claims, most commonly for whiplash. Since 2009, the number of whiplash claims has risen by 32%, despite the number of accidents falling by 16%. In the same period personal injury claims soared to become more than half of all motor claims costs at Aviva; rising to 52% in 2011.
Aviva surveyed over 2,000 drivers to get their views on premiums and reform. The findings show an overwhelming belief among drivers that an excessive cash-compensation culture exists in the UK.
UK drivers overwhelmingly want to see the back of the personal injury (PI) ‘compensation culture’ that is now costing every motorist an extra £118 on their annual motor insurance premium.
Motor insurance in the UAE provides coverage for third party liability, fire and theft, or fully comprehensive policies. Several factors affect insurance rates, including the driver's age, gender, location, vehicle type and safety rating, driving history, and credit score. In the event of an accident, drivers should contact emergency services, not move injured parties, and file a police report to provide to their insurance company to process any claims. Serious violations like drunk or dangerous driving can result in criminal penalties alongside insurance implications.
The document is an application for motor truck cargo insurance. It requests information about the insured such as business details, operations, equipment, drivers, loss history, cargo limits requested, and general safety and security practices. The insured must sign to confirm the accuracy of the information provided.
The document provides an overview of the general insurance industry in India, including:
1) It discusses the history and liberalization of the industry, current state of the market dominated by public sector insurers, key lines of business such as motor and health insurance, and impact of detariffing.
2) Motor insurance is the largest segment led by own damage policies, and there are third party pools for commercial vehicles.
3) Health insurance is the second largest and fastest growing segment due to increasing costs and awareness.
4) The industry is evolving with solvency regulations and may implement Solvency II standards in the future.
A presentation on property and motor vehicle insuranceTejas Vairagi
This document provides an overview of property and motor vehicle insurance. It discusses what insurance is, the different types of risks, and how to plan an insurance program. It then focuses on property and liability insurance, describing different types of property losses and liability protection. It discusses homeowner's insurance coverages as well as renter's insurance. It also covers factors that affect home insurance costs and how to reduce costs. Finally, it examines automobile insurance coverages, costs, and how to reduce premiums.
Auto insurance protects against financial losses from automobile accidents and ownership. To obtain a policy, one pays a premium, and the insurance company agrees to cover costs according to the policy terms. Given rising healthcare and repair costs, affordable auto insurance is important. Insurers consider factors like age, driving record, vehicle type, location, and credit score to assess risk and set premiums. Researching these factors can help obtain appropriate coverage at a reduced cost.
Aon is a global risk services broker with 66,000 employees in 500 offices across 120 countries. In South Africa, Aon has 1,500 employees across 17 offices. The document discusses Aon's exclusive passenger transport insurance scheme for SABOA members, providing benefits like personal accident coverage, crisis accident management, and RoadCover assistance to manage RAF claims. It also reviews the state of the South African insurance market, noting issues like load shedding claims, new privacy legislation, and increasing cyber liability risks. The presentation encourages obtaining a new quote from a licensed broker to ensure insurance coverage is tailored to an organization's specific needs.
15 October 2009 Automotive Accountants' ForumColledges
Our last meeting for 2009 held in October discussed GST Son of Holdback, Investment Allowance and an update on the National Consumer Credit Protection Bill. Many other topics were brought forward on the day for discussion by the members.
Car insurance provides coverage for financial losses due to accidents or theft of the insured vehicle. It is mandatory in India to have at least a third party car insurance policy. Comprehensive car insurance offers additional coverage for damages to the insured vehicle from various causes like accidents, natural disasters, and theft. It is important to carefully consider your insurance needs and budget when choosing a car insurance plan and adding optional covers.
A Recruiters Guide to Drivers Negligence InsuranceGary Chambers
This document provides an overview of drivers negligence insurance available to recruitment businesses. It covers what the insurance protects against (damage caused by temporary drivers to hirers' vehicles), key policy elements like coverage limits and exclusions, and claims processes. It emphasizes checking drivers' licenses and having signed agreements with hirers to ensure any claims are properly covered. The aim is to help recruitment agencies understand this insurance and maintain good relations with hire companies.
The Credit Card Accountability Responsibility and Disclosure Act of 2009 or Credit CARD Act of 2009 is a federal law passed by the United States Congress
This document outlines 5 common CDL license violations: being pulled over for an overweight truck, driving with a suspended license, speeding in a construction zone, receiving a ticket from a truck accident, and talking or texting on a mobile phone while driving. It advises CDL holders to avoid these violations as they can result in higher fines or criminal offenses. It also provides contact information for a service that can help resolve CDL tickets.
[Infographic] ELD Mandate: Things You Must KnowScalefusion
Check out this infographic to know how you can get complied with the ELD mandate before the deadline using the most simple and cost-effective way.
For more : https://blog.scalefusion.com/eld-mandate-infographic
International Timeshare Resale Association (ITRA) was formed in 2002 to regulate the timeshare resale market and assist consumers. However, by 2009 ITRA determined that the timeshare resale market had declined substantially, with resale chances only 1 in 1000, and resales receiving only 20% of the original price. As a result, ITRA ceased operations related to timeshare resales. ITRA then refocused as International Timeshare Refund Action to pursue legal claims and coordinate group litigation against major timeshare companies on behalf of owners who were misled into purchases that rendered their timeshares virtually worthless. ITRA is assessing potential legal claims regarding issues like lack of exchanges, excessive maintenance fee increases, and high interest rates
Regardless of the safety auto insurance provides, it is the fundamental law to insure your vehicle. It not only saves your financial stability but also looks after the safety of the vehicle and the third party involved in an accident. Auto insurance is a need because life on the road is always uncertain. People make mistakes in costing your lives. Insure your vehicle to be on the safer side, physically, legally, and financially.
Dhaman is an Arab multinational credit insurance institution established in 1974 and headquartered in Kuwait. It provides export credit insurance, investment insurance, and credit solutions to banks and financial institutions. Dhaman insures political and commercial risks for exports, investments, and loans in Arab countries. It has a diverse membership of 21 Arab states and maintains strong credit ratings and capital reserves. Dhaman aims to facilitate trade, investment, and development projects across the Middle East through its comprehensive insurance and reinsurance products.
Investor Day 2012 - Insurance Underwriting and ClaimsAgeas
This document provides a summary of Ageas UK's investor day presentation on their insurance underwriting and claims business. It discusses Ageas's market positions in key lines of private motor, household, and travel insurance in the UK. It outlines their focus on underwriting excellence through technical expertise, strong use of data, and anti-fraud management. It also discusses claims excellence through process efficiency, supply chain management, and further anti-fraud efforts. Overall, Ageas highlights sustained improvement in its combined ratio and reputation for claims service and innovation.
Louisiana has strict laws requiring all drivers to have auto insurance. Many Louisiana drivers look for cheap auto insurance options to meet their budgets. Auto insurance companies offer various plans with minimum coverage amounts of $10,000 bodily injury, $20,000 additional injury, and $10,000 property damage. However, some companies provide additional benefits. It is best to consult a professional to find an affordable auto insurance policy tailored to one's needs and budget. Failure to maintain regular insurance premium payments can result in loss of coverage eligibility and fines.
Sunteck is a transportation and logistics company that provides freight brokerage services. Their mission is to deliver high quality customer service through technology and industry best practices. They work closely with customers to develop efficient and cost-effective supply chain solutions. Sunteck has over 55 offices across the US and Canada and plans to continue growing their operations through partnerships and innovation.
FORUM 2013 International insurance programs challenges in managing the regu...FERMA
This document provides an overview of a presentation on managing regulatory and tax regimes for international insurance programs. It discusses increased regulatory scrutiny of insurance programs and changes to regulations and tax rates in various countries. The document then presents a case study of a German manufacturing group seeking a public and product liability insurance program. It provides details on the group's operations and risk manager's requirements. Finally, the document summarizes solutions presented by Zurich and AIG for structuring an insurance program that addresses the client's needs while complying with regulatory and tax requirements in all countries where the client operates.
EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) describes its business model as “Buy, Subscribe, Sell and Repeat.” This means that we “Buy” pre-owned automobiles primarily through auctions or directly from other automobile dealers, and new automobiles from manufacturers and manufacturer distributors at fleet rates. We “Subscribe” the automobiles to our customers by allowing them to enter into our subscription plan for automobiles in which customers have use of an automobile for a minimum of thirty (30) days. LMP’s all-inclusive vehicle subscription membership includes monthly swaps and covers insurance, maintenance and upkeep. It offers the flexibility to upgrade your vehicle to a more premium model or downgrade for a lesser cost model when you like. We “Sell” our inventory, including automobiles previously included in our subscription programs, to customers as well, and then we “Repeat” the whole process.
The document is an application for motor truck cargo insurance. It requests information about the insured such as business details, operations, equipment, drivers, loss history, cargo limits requested, and general safety and security practices. The insured must sign to confirm the accuracy of the information provided.
The document provides an overview of the general insurance industry in India, including:
1) It discusses the history and liberalization of the industry, current state of the market dominated by public sector insurers, key lines of business such as motor and health insurance, and impact of detariffing.
2) Motor insurance is the largest segment led by own damage policies, and there are third party pools for commercial vehicles.
3) Health insurance is the second largest and fastest growing segment due to increasing costs and awareness.
4) The industry is evolving with solvency regulations and may implement Solvency II standards in the future.
A presentation on property and motor vehicle insuranceTejas Vairagi
This document provides an overview of property and motor vehicle insurance. It discusses what insurance is, the different types of risks, and how to plan an insurance program. It then focuses on property and liability insurance, describing different types of property losses and liability protection. It discusses homeowner's insurance coverages as well as renter's insurance. It also covers factors that affect home insurance costs and how to reduce costs. Finally, it examines automobile insurance coverages, costs, and how to reduce premiums.
Auto insurance protects against financial losses from automobile accidents and ownership. To obtain a policy, one pays a premium, and the insurance company agrees to cover costs according to the policy terms. Given rising healthcare and repair costs, affordable auto insurance is important. Insurers consider factors like age, driving record, vehicle type, location, and credit score to assess risk and set premiums. Researching these factors can help obtain appropriate coverage at a reduced cost.
Aon is a global risk services broker with 66,000 employees in 500 offices across 120 countries. In South Africa, Aon has 1,500 employees across 17 offices. The document discusses Aon's exclusive passenger transport insurance scheme for SABOA members, providing benefits like personal accident coverage, crisis accident management, and RoadCover assistance to manage RAF claims. It also reviews the state of the South African insurance market, noting issues like load shedding claims, new privacy legislation, and increasing cyber liability risks. The presentation encourages obtaining a new quote from a licensed broker to ensure insurance coverage is tailored to an organization's specific needs.
15 October 2009 Automotive Accountants' ForumColledges
Our last meeting for 2009 held in October discussed GST Son of Holdback, Investment Allowance and an update on the National Consumer Credit Protection Bill. Many other topics were brought forward on the day for discussion by the members.
Car insurance provides coverage for financial losses due to accidents or theft of the insured vehicle. It is mandatory in India to have at least a third party car insurance policy. Comprehensive car insurance offers additional coverage for damages to the insured vehicle from various causes like accidents, natural disasters, and theft. It is important to carefully consider your insurance needs and budget when choosing a car insurance plan and adding optional covers.
A Recruiters Guide to Drivers Negligence InsuranceGary Chambers
This document provides an overview of drivers negligence insurance available to recruitment businesses. It covers what the insurance protects against (damage caused by temporary drivers to hirers' vehicles), key policy elements like coverage limits and exclusions, and claims processes. It emphasizes checking drivers' licenses and having signed agreements with hirers to ensure any claims are properly covered. The aim is to help recruitment agencies understand this insurance and maintain good relations with hire companies.
The Credit Card Accountability Responsibility and Disclosure Act of 2009 or Credit CARD Act of 2009 is a federal law passed by the United States Congress
This document outlines 5 common CDL license violations: being pulled over for an overweight truck, driving with a suspended license, speeding in a construction zone, receiving a ticket from a truck accident, and talking or texting on a mobile phone while driving. It advises CDL holders to avoid these violations as they can result in higher fines or criminal offenses. It also provides contact information for a service that can help resolve CDL tickets.
[Infographic] ELD Mandate: Things You Must KnowScalefusion
Check out this infographic to know how you can get complied with the ELD mandate before the deadline using the most simple and cost-effective way.
For more : https://blog.scalefusion.com/eld-mandate-infographic
International Timeshare Resale Association (ITRA) was formed in 2002 to regulate the timeshare resale market and assist consumers. However, by 2009 ITRA determined that the timeshare resale market had declined substantially, with resale chances only 1 in 1000, and resales receiving only 20% of the original price. As a result, ITRA ceased operations related to timeshare resales. ITRA then refocused as International Timeshare Refund Action to pursue legal claims and coordinate group litigation against major timeshare companies on behalf of owners who were misled into purchases that rendered their timeshares virtually worthless. ITRA is assessing potential legal claims regarding issues like lack of exchanges, excessive maintenance fee increases, and high interest rates
Regardless of the safety auto insurance provides, it is the fundamental law to insure your vehicle. It not only saves your financial stability but also looks after the safety of the vehicle and the third party involved in an accident. Auto insurance is a need because life on the road is always uncertain. People make mistakes in costing your lives. Insure your vehicle to be on the safer side, physically, legally, and financially.
Dhaman is an Arab multinational credit insurance institution established in 1974 and headquartered in Kuwait. It provides export credit insurance, investment insurance, and credit solutions to banks and financial institutions. Dhaman insures political and commercial risks for exports, investments, and loans in Arab countries. It has a diverse membership of 21 Arab states and maintains strong credit ratings and capital reserves. Dhaman aims to facilitate trade, investment, and development projects across the Middle East through its comprehensive insurance and reinsurance products.
Investor Day 2012 - Insurance Underwriting and ClaimsAgeas
This document provides a summary of Ageas UK's investor day presentation on their insurance underwriting and claims business. It discusses Ageas's market positions in key lines of private motor, household, and travel insurance in the UK. It outlines their focus on underwriting excellence through technical expertise, strong use of data, and anti-fraud management. It also discusses claims excellence through process efficiency, supply chain management, and further anti-fraud efforts. Overall, Ageas highlights sustained improvement in its combined ratio and reputation for claims service and innovation.
Louisiana has strict laws requiring all drivers to have auto insurance. Many Louisiana drivers look for cheap auto insurance options to meet their budgets. Auto insurance companies offer various plans with minimum coverage amounts of $10,000 bodily injury, $20,000 additional injury, and $10,000 property damage. However, some companies provide additional benefits. It is best to consult a professional to find an affordable auto insurance policy tailored to one's needs and budget. Failure to maintain regular insurance premium payments can result in loss of coverage eligibility and fines.
Sunteck is a transportation and logistics company that provides freight brokerage services. Their mission is to deliver high quality customer service through technology and industry best practices. They work closely with customers to develop efficient and cost-effective supply chain solutions. Sunteck has over 55 offices across the US and Canada and plans to continue growing their operations through partnerships and innovation.
FORUM 2013 International insurance programs challenges in managing the regu...FERMA
This document provides an overview of a presentation on managing regulatory and tax regimes for international insurance programs. It discusses increased regulatory scrutiny of insurance programs and changes to regulations and tax rates in various countries. The document then presents a case study of a German manufacturing group seeking a public and product liability insurance program. It provides details on the group's operations and risk manager's requirements. Finally, the document summarizes solutions presented by Zurich and AIG for structuring an insurance program that addresses the client's needs while complying with regulatory and tax requirements in all countries where the client operates.
EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
EVmo, Inc. bridges the gap between rideshare drivers in need of a suitable vehicle and rideshare companies that depend on attracting and keeping drivers. EVmo uniquely supports drivers in both the higher and lower economic categories with innovative policies and programs. EVmo is a leading provider of rental vehicles to drivers in the ever-expanding gig economy. EVmo maintains its own fleet of vehicles, which are rented to rideshare/delivery drivers, while providing insurance coverage and insurance cards in the drivers’ names to ensure drivers meet the stringent requirements of rideshare and logistics companies.
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) describes its business model as “Buy, Subscribe, Sell and Repeat.” This means that we “Buy” pre-owned automobiles primarily through auctions or directly from other automobile dealers, and new automobiles from manufacturers and manufacturer distributors at fleet rates. We “Subscribe” the automobiles to our customers by allowing them to enter into our subscription plan for automobiles in which customers have use of an automobile for a minimum of thirty (30) days. LMP’s all-inclusive vehicle subscription membership includes monthly swaps and covers insurance, maintenance and upkeep. It offers the flexibility to upgrade your vehicle to a more premium model or downgrade for a lesser cost model when you like. We “Sell” our inventory, including automobiles previously included in our subscription programs, to customers as well, and then we “Repeat” the whole process.
LMP Automotive Holdings presents their business model which enables consumers to subscribe, rent, buy or sell vehicles online or in person. They aim to disrupt the traditional automotive industry by offering flexible subscription and rental options as well as online vehicle sales. The presentation highlights the large and growing market opportunities in these segments and LMP's strategy to acquire inventory at wholesale prices and dealerships to expand their operations across the US.
This document provides information on fleet insurance and how to minimize risks and costs. It discusses considering fleet size and vehicle usage when selecting a policy. It also recommends opting for "any vehicle" and "any driver" coverage to provide maximum flexibility. The document advises investing in public liability insurance and breakdown coverage, notifying brokers of policy changes, managing third party claims to reduce costs, developing a safety culture, and using telematics to monitor driving habits and improve risk management.
AutoWorld is an auto auction company that specializes in vehicle auctions and valuations. They provide a full range of services including collection, storage, cleaning, repairs, marketing, auctions, and payments. AutoWorld has experience managing over 450 vehicle auctions. Their services are designed to maximize returns for clients and turn vehicles into cash efficiently.
State insurance agency ridesharing warnings: Rhode island consumer alertHarrison Weber
The Rhode Island Department of Business Regulation Insurance Division issued a consumer alert about potential insurance gaps for Rhode Island residents participating in ride-sharing programs like Lyft and UberX. Drivers for these programs may not have valid insurance coverage since most personal auto policies exclude coverage for driving passengers for hire. Ride-sharing drivers need to contact their insurance agents to ensure they have proper commercial coverage, and also need to be licensed as for-hire transportation services through the Rhode Island Division of Public Utilities and Carriers. Passengers also risk lack of coverage if they are injured in an accident with an uninsured ride-sharing driver.
Smart Transport Technology Service Plc. is proposing a business plan to operate an on-demand transportation service in Ethiopia and East Africa that connects customers with drivers via a mobile application, call center, or SMS. The company will charge a 15-5% commission on rides and is seeking $5.1 million in funding to develop the app and finance the first 24 months of operations as it aims to become the leading transport technology provider in the region. The business model leverages innovative technology solutions to provide affordable transportation while building strategic partnerships and loyalty programs.
The document provides an overview of Mad About Wheels' strategic partnerships and product launches. It introduces a new co-founder, Mr. Manish Kochhar, and discusses expanding partnerships with 230+ partners across India. It also summarizes partnerships with Autoform for premium car seat covers and the launch of their new Shine&Show interior/exterior vehicle care product line. Dealer testimonials praise extended warranty partnerships with Ampere Electric Vehicles for providing customers with peace of mind.
Car rental companies rent vehicles to corporate and leisure travelers, deriving most revenue from rental payments. The major costs are depreciation, salaries, and interest. Key profit drivers are economic growth, rental days, revenue per day, rental transactions volume, and fleet utilization. The industry is global, long-term growth but cyclical and seasonal. Large players with financing ability dominate. Effective management of rental assets, which are mostly current assets, is key to profitability.
MOVING TOWARDS MASS-SCALE SMART CHARGING SOLUTIONSiQHub
Smart charging solutions aim to optimize electric vehicle charging through controlled, bidirectional, and vehicle-to-grid integration. As smart charging adoption increases, annual revenue potential in Europe could reach £4.3 billion by 2030. Business models are maturing from cost savings to new revenue streams like flexibility trading. Investment is accelerating, with deal count and average size up in 2022, as strategic and institutional investors pursue opportunities in the growing market.
Access Fleet was established in 2007 to provide electronic transaction and marketing solutions for fleet businesses. They offer a fleet card program that is accepted at over 45,000 locations nationwide to help fleet owners manage expenses. The fleet card allows owners to set purchasing restrictions and monitor spending to prevent unauthorized transactions. Access Fleet also provides itemized reporting and account access to help customers track expenses. Their goal is to maximize revenue for fleet businesses through effective programs and tools.
Access Fleet was established in 2007 to provide electronic transaction and marketing solutions for fleet businesses. They offer a fleet card program that is accepted at over 45,000 locations nationwide to help fleet owners manage expenses. The fleet card allows owners to set purchasing restrictions and monitor spending to prevent unauthorized transactions. Access Fleet also provides itemized reporting and account access to help customers track expenses. Their goal is to maximize revenue for fleet businesses through effective programs and tools.
Mad About Wheels is a Gurugram-based startup founded by Amresh Khar and Manish to provide electric vehicle warranty and service solutions. The company partners with Corporate Warranties of India to offer extended warranty programs for electric two-wheelers, three-wheelers, and delivery vehicles. Their programs provide warranty coverage for powertrain components like motors, batteries, and controllers for 1-3 years. This helps electric vehicle buyers feel more confident by reducing the risks of expensive repairs, while also helping OEMs manage risks from component suppliers. Mad About Wheels aims to expand its services and grow the still-nascent Indian electric vehicle market.
A comprehensive ecosystem for mobility timesInterCars
This presentation provides an overview of Inter Cars S.A., a Polish automotive parts distribution company. Over the past 20 years, Inter Cars has grown organically to become a leading independent automotive market (IAM) player in Central and Eastern Europe, with a #3 market share in the EU and #8 globally. Inter Cars has built a comprehensive ecosystem and distribution network across 18 countries through strategic acquisitions and organic expansion. The company's vision is to continue sustainable and innovative growth, building long-term customer and partner relationships. Global trends in electrification and digitalization are also creating new opportunities for Inter Cars to guide customers through industry changes.
- Over the last three years, Bharat Forge (BHFC) has built a strategy to address trends in transportation like lightweighting and e-mobility through investments in areas like e-mobility and defense technologies.
- BHFC is leveraging partnerships and its own strengths to build competencies in areas like electronics and develop solutions for electric vehicles, helping itself and customers comply with regulations for localization.
- The company is restructuring manufacturing to lower-cost locations in India and leveraging digital solutions to improve productivity and reduce costs as it weathers downturns in its core businesses.
Greater Than is a driving data analytics company that uses AI to analyze GPS data to generate crash probability and climate impact scores. These scores predict a driver's likelihood of getting into a crash and the driver's impact on climate change. Insurance companies and other organizations use these scores to optimize risk management, achieve insurance profitability, and support sustainability efforts. Greater Than works with partners like ABAX, a telematics company, to provide risk insights on large fleets of vehicles to help develop new insurance products tailored for commercial customers.
eLife LLC is an insurtech company based in Shelton, CT that provides a digital platform for the end-to-end processing of non-medical term life insurance from application to underwriting to policy issuance. The platform allows prospects to complete the application and obtain a policy within 15 minutes. It offers carriers flexibility to set underwriting guidelines and pricing while keeping administrative costs low. eLife integrates with third-party databases for real-time underwriting decisions and has a comprehensive agent training program.
Liquidax Connected Car Research Brief providing patent insights from leading Automobile product and service companies including; Ford, Toyota, Hyundai, Allstate & GM
Liquidax Capital – Summary Innovation Brief #CC-1606 Patent Insights: Toyota, Ford, Hyundai, GM, Allstate Connected Car Innovations / Internet of Things As outlined by PWC; “Worldwide sales of connected car products will increase almost fourfold between 2015 and 2020, adding more than $149 billion in revenues in the passenger car segment alone. Technologies will offer buyers greater flexibility in personalizing the cars they choose, and enable greater contact between manufacturers and customers strengthening the bonds between them and increasing loyalty to the brand. Consumers are already seeing new capabilities and features in the connected auto markets. The below (5) patents & applications highlight the view and vision of some of the largest auto companies in the world and outline products and services planned for the market.
Similar to Evmo Investor Presentation Q3 2021 (20)
Based in Ann Arbor, Michigan, Zomedica is a veterinary health company creating diagnostic and therapeutic products for horses, dogs, and cats by focusing on the unmet needs of clinical veterinarians. With modest cash burn and a strong balance sheet, including $142.4 million cash and cash equivalents as of June 30, 2023, Zomedica is well-positioned to fund both organic growth and acquisitions.
Docola has developed a healthcare communication platform that utilizes asynchronous telehealth to deliver patient education and support. Their proprietary platform currently has over 55,000 patient users and over 1,100 clinician users. Docola seeks to raise up to $500,000 through a convertible note to fund working capital, research and development, and costs associated with an upcoming IPO.
- INNO Holdings is presenting an IPO investor presentation for an initial public offering on the NASDAQ Capital Market.
- The company manufactures prefabricated steel building components and systems using proprietary technology to reduce construction costs and environmental impact.
- INNO Holdings has four initial product lines - metal studs, prefabricated housing units, modular apartment buildings, and a mobile factory system. It aims to disrupt the construction industry through standardized, sustainable construction methods.
Everything Blockchain builds platforms of trust for the modern enterprise and is on a mission to ensure every organization has access to the tools and platforms that enable them to manage, store, and protect data without the cost and complexity that holds them back today. The Company’s patented advances in engineering deliver the essential elements needed for real-world business use: speed, security, and efficiency. Everything Blockchain’s current business lines include: EB Advise, Build DB and EB Control.
ASP Isotope is an isotope enrichment company utilizing technology developed in South Africa over the past 20 years to enrich isotopes of elements or molecules with low atomic masses. Many of these elements are unsuitable for enrichment using traditional methods such as centrifuges. The Company’s initial focus is on producing and commercializing highly enriched isotopes for the healthcare and technology industries.
MDNA Life Sciences is a pioneer in the science of mitochondrial DNA. It’s our mission to create an extensive portfolio of proprietary tests that dramatically improve diagnosis, treatment, prognosis and monitoring. Putting an end to the unnecessary surgical procedures, pain and uncertainty that affect patients across the world.
Digital Ally, Inc. is a diversified holding company with operations in video solution technology, human and animal health protection products, healthcare revenue cycle management, ticket brokering and marketing, and event production. The Company pursues an acquisition strategy that targets organizations with positive earnings, strong growth potential, innovation, and operational synergies. To maximize long-term shareholder value, Digital Ally intends to spin-off its ticketing and entertainment business lines into a separate public company in 2023. The spin-off will create two optimized, tech-driven public companies with strong growth opportunities and operating metrics.
Lantern Pharma is an AI company transforming the cost, pace, and timeline of oncology drug discovery and development. Our proprietary AI and machine learning (ML) platform, RADR®, leverages over 25 billion oncology-focused data points and a library of 200+ advanced ML algorithms to help solve billion-dollar, real-world problems in oncology drug development. By harnessing the power of AI and with input from world-class scientific advisors and collaborators, we have accelerated the development of our growing pipeline of therapies including eleven cancer indications and an antibody-drug conjugate (ADC) program. On average, our newly developed drug programs have been advanced from initial AI insights to first-in-human clinical trials in 2-3 years and at approximately $1.0-2.0 million per program.
Sharps Technology is a medical device and pharmaceutical packaging company specializing in the development and manufacturing of innovative drug delivery systems. The Company’s product lines focus on low waste and ultra-low waste syringe technologies that incorporate both passive and active safety features. These features protect front line healthcare workers from life-threatening needle stick injuries and protect the public from needle re-use. Sharps Technology has extensive expertise in specialized prefilled syringe systems and is on track to launch this new product line in Q4 2023. The Company has a manufacturing facility in Hungary and has partnered with Nephron Pharmaceuticals to expand its manufacturing capacity in the US.
Aditxt is a biotech company developing immune monitoring and immune modulation platforms. Its AditxtScore platform can provide comprehensive immune profiles to monitor responses to pathogens, vaccines, drugs and transplants. Its Adimune platform aims to modulate the immune system to treat conditions like psoriasis, type 1 diabetes, and increase skin allograft survival. The company is working to develop, operate and commercialize these platforms. It currently generates revenue from immune monitoring tests and expects revenue from licensing deals for immune modulation programs as they advance in clinical trials towards commercialization.
1847 Holdings LLC, a publicly traded diversified acquisition holding company, was founded by Ellery W. Roberts, a former partner of Parallel Investment Partners, Saunders Karp & Megrue and Principal of Lazard Freres Strategic Realty Investors. EFSH's investment thesis is that capital market inefficiencies have left the founders and/or stakeholders of many small business enterprises and lower-middle market businesses with limited exit options, despite the intrinsic value of their business. Given this dynamic, EFSH can consistently acquire "solid" businesses for reasonable multiples of cash flow and then deploy resources to strengthen the infrastructure and systems to improve operations. These improvements may lead to a sale or IPO of an operating subsidiary at considerably higher valuations than the purchase price (as successfully demonstrated with the mid-2020 IPO of 1847 Goedeker on the NYSE American) and/or alternatively, an operating subsidiary may be held in perpetuity and contribute to EFSH's ability to pay regular and special dividends to shareholders.
Sharps Technology is a medical device and pharmaceutical packaging company specializing in the development and manufacturing of innovative drug delivery systems. The Company’s product lines focus on low waste and ultra-low waste syringe technologies that incorporate both passive and active safety features. These features protect front line healthcare workers from life-threatening needle stick injuries and protect the public from needle re-use. Sharps Technology has extensive expertise in specialized prefilled syringe systems and is on track to launch this new product line in Q4 2023. The Company has a manufacturing facility in Hungary and has partnered with Nephron Pharmaceuticals to expand its manufacturing capacity in the US.
SPI Energy is a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions that was founded in 2006 in Roseville, California and is headquartered in McClellan Park, California. The Company has three core divisions: SolarJuice which has solar wholesale distribution, as well as residential solar and roofing installation and solar module manufacturing (Solar4America & SEM Wafertech), SPI Solar and Orange Power which operates a commercial & utility solar division, and the EdisonFuture/Phoenix Motor EV division. SolarJuice is the leader in renewable energy system solutions for residential and small commercial markets and has extensive operations in the Asia Pacific and North America markets. The SPI Solar commercial & utility solar division provides a full spectrum of EPC services to third party project developers, and develops, owns and operates solar projects that sell electricity to the grid in multiple regions, including the U.S., U.K., and Europe. Phoenix Motor is a leader in medium-duty commercial electric vehicles, and is developing EV charger solutions, electric pickup trucks, electric forklifts, and other EV products. SPI maintains global operations in North America, Australia, Asia and Europe and is also targeting strategic investment opportunities in fast growing green energy industries such as battery storage, charging stations, and other EVs which leverage the Company's expertise and substantial solar cash flow.
BullFrog AI is a technology enabled drug development company using machine learning to usher in a new era of precision medicine. Through its collaborations with leading research institutions, including Johns Hopkins University and J. Craig Venter Institute, BullFrog AI is at the forefront of AI-driven drug development. Using its proprietary bfLEAP™ artificial intelligence platform, BullFrog AI aims to enable the successful development of pharmaceuticals and biologics by predicting which patients will respond to therapies in development. BullFrog AI is deploying bfLEAP™ for use at several critical stages of development with the intention of streamlining data analytics in therapeutics development, decreasing the overall development costs by decreasing failure rates for new therapeutics, and impacting the lives of countless patients that may have otherwise not received the therapies they need.
BullFrog AI is a technology enabled drug development company using machine learning to usher in a new era of precision medicine. Through its collaborations with leading research institutions, including Johns Hopkins University and J. Craig Venter Institute, BullFrog AI is at the forefront of AI-driven drug development. Using its proprietary bfLEAP™ artificial intelligence platform, BullFrog AI aims to enable the successful development of pharmaceuticals and biologics by predicting which patients will respond to therapies in development. BullFrog AI is deploying bfLEAP™ for use at several critical stages of development with the intention of streamlining data analytics in therapeutics development, decreasing the overall development costs by decreasing failure rates for new therapeutics, and impacting the lives of countless patients that may have otherwise not received the therapies they need.
BioVie is a clinical-stage company developing what it believes will be transformative therapies to overcome unmet medical needs in neurodegeneration and liver disease. The Company is developing NE3107 for Alzheimer’s (AD) and Parkinson’s (PD) and BIV201 for refractory ascites and HRS-AKI.
Lantern Pharma is an AI company transforming the cost, pace, and timeline of oncology drug discovery and development. Our proprietary AI and machine learning (ML) platform, RADR®, leverages over 25 billion oncology-focused data points and a library of 200+ advanced ML algorithms to help solve billion-dollar, real-world problems in oncology drug development. By harnessing the power of AI and with input from world-class scientific advisors and collaborators, we have accelerated the development of our growing pipeline of therapies including eleven cancer indications and an antibody-drug conjugate (ADC) program. On average, our newly developed drug programs have been advanced from initial AI insights to first-in-human clinical trials in 2-3 years and at approximately $1.0-2.0 million per program.
Genetic Technologies is a diversified molecular diagnostics company. A global leader in genomics-based tests in health, wellness and serious disease through its geneType and EasyDNA brands. GENE offers cancer predictive testing and assessment tools to help physicians to improve health outcomes for people around the world. The Company has a proprietary risk stratification platform that has been developed over the past decade and integrates clinical and genetic risk to deliver actionable outcomes to physicians and individuals. Leading the world in risk prediction in oncology, cardiovascular and metabolic diseases, Genetic Technologies continues to develop risk assessment products.
Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wines by the glass, SALT naturally flavored tequilas, Pulpoloco Sangria, and TapouT performance hydration and recovery drinks and TapouT Cognitive Energy Drink. Splash’s strategy is to rapidly develop early-stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution.
Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wines by the glass, SALT naturally flavored tequilas, Pulpoloco Sangria, and TapouT performance hydration and recovery drinks and TapouT Cognitive Energy Drink. Splash’s strategy is to rapidly develop early-stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution.
“An Outlook of the Ongoing and Future Relationship between Blockchain Technologies and Process-aware Information Systems.” Invited talk at the joint workshop on Blockchain for Information Systems (BC4IS) and Blockchain for Trusted Data Sharing (B4TDS), co-located with with the 36th International Conference on Advanced Information Systems Engineering (CAiSE), 3 June 2024, Limassol, Cyprus.
In the rapidly evolving landscape of technologies, XML continues to play a vital role in structuring, storing, and transporting data across diverse systems. The recent advancements in artificial intelligence (AI) present new methodologies for enhancing XML development workflows, introducing efficiency, automation, and intelligent capabilities. This presentation will outline the scope and perspective of utilizing AI in XML development. The potential benefits and the possible pitfalls will be highlighted, providing a balanced view of the subject.
We will explore the capabilities of AI in understanding XML markup languages and autonomously creating structured XML content. Additionally, we will examine the capacity of AI to enrich plain text with appropriate XML markup. Practical examples and methodological guidelines will be provided to elucidate how AI can be effectively prompted to interpret and generate accurate XML markup.
Further emphasis will be placed on the role of AI in developing XSLT, or schemas such as XSD and Schematron. We will address the techniques and strategies adopted to create prompts for generating code, explaining code, or refactoring the code, and the results achieved.
The discussion will extend to how AI can be used to transform XML content. In particular, the focus will be on the use of AI XPath extension functions in XSLT, Schematron, Schematron Quick Fixes, or for XML content refactoring.
The presentation aims to deliver a comprehensive overview of AI usage in XML development, providing attendees with the necessary knowledge to make informed decisions. Whether you’re at the early stages of adopting AI or considering integrating it in advanced XML development, this presentation will cover all levels of expertise.
By highlighting the potential advantages and challenges of integrating AI with XML development tools and languages, the presentation seeks to inspire thoughtful conversation around the future of XML development. We’ll not only delve into the technical aspects of AI-powered XML development but also discuss practical implications and possible future directions.
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024Neo4j
Neha Bajwa, Vice President of Product Marketing, Neo4j
Join us as we explore breakthrough innovations enabled by interconnected data and AI. Discover firsthand how organizations use relationships in data to uncover contextual insights and solve our most pressing challenges – from optimizing supply chains, detecting fraud, and improving customer experiences to accelerating drug discoveries.
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfMalak Abu Hammad
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!SOFTTECHHUB
As the digital landscape continually evolves, operating systems play a critical role in shaping user experiences and productivity. The launch of Nitrux Linux 3.5.0 marks a significant milestone, offering a robust alternative to traditional systems such as Windows 11. This article delves into the essence of Nitrux Linux 3.5.0, exploring its unique features, advantages, and how it stands as a compelling choice for both casual users and tech enthusiasts.
Climate Impact of Software Testing at Nordic Testing DaysKari Kakkonen
My slides at Nordic Testing Days 6.6.2024
Climate impact / sustainability of software testing discussed on the talk. ICT and testing must carry their part of global responsibility to help with the climat warming. We can minimize the carbon footprint but we can also have a carbon handprint, a positive impact on the climate. Quality characteristics can be added with sustainability, and then measured continuously. Test environments can be used less, and in smaller scale and on demand. Test techniques can be used in optimizing or minimizing number of tests. Test automation can be used to speed up testing.
Cosa hanno in comune un mattoncino Lego e la backdoor XZ?Speck&Tech
ABSTRACT: A prima vista, un mattoncino Lego e la backdoor XZ potrebbero avere in comune il fatto di essere entrambi blocchi di costruzione, o dipendenze di progetti creativi e software. La realtà è che un mattoncino Lego e il caso della backdoor XZ hanno molto di più di tutto ciò in comune.
Partecipate alla presentazione per immergervi in una storia di interoperabilità, standard e formati aperti, per poi discutere del ruolo importante che i contributori hanno in una comunità open source sostenibile.
BIO: Sostenitrice del software libero e dei formati standard e aperti. È stata un membro attivo dei progetti Fedora e openSUSE e ha co-fondato l'Associazione LibreItalia dove è stata coinvolta in diversi eventi, migrazioni e formazione relativi a LibreOffice. In precedenza ha lavorato a migrazioni e corsi di formazione su LibreOffice per diverse amministrazioni pubbliche e privati. Da gennaio 2020 lavora in SUSE come Software Release Engineer per Uyuni e SUSE Manager e quando non segue la sua passione per i computer e per Geeko coltiva la sua curiosità per l'astronomia (da cui deriva il suo nickname deneb_alpha).
Sudheer Mechineni, Head of Application Frameworks, Standard Chartered Bank
Discover how Standard Chartered Bank harnessed the power of Neo4j to transform complex data access challenges into a dynamic, scalable graph database solution. This keynote will cover their journey from initial adoption to deploying a fully automated, enterprise-grade causal cluster, highlighting key strategies for modelling organisational changes and ensuring robust disaster recovery. Learn how these innovations have not only enhanced Standard Chartered Bank’s data infrastructure but also positioned them as pioneers in the banking sector’s adoption of graph technology.
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...Neo4j
Leonard Jayamohan, Partner & Generative AI Lead, Deloitte
This keynote will reveal how Deloitte leverages Neo4j’s graph power for groundbreaking digital twin solutions, achieving a staggering 100x performance boost. Discover the essential role knowledge graphs play in successful generative AI implementations. Plus, get an exclusive look at an innovative Neo4j + Generative AI solution Deloitte is developing in-house.
How to Get CNIC Information System with Paksim Ga.pptxdanishmna97
Pakdata Cf is a groundbreaking system designed to streamline and facilitate access to CNIC information. This innovative platform leverages advanced technology to provide users with efficient and secure access to their CNIC details.
Programming Foundation Models with DSPy - Meetup SlidesZilliz
Prompting language models is hard, while programming language models is easy. In this talk, I will discuss the state-of-the-art framework DSPy for programming foundation models with its powerful optimizers and runtime constraint system.
AI 101: An Introduction to the Basics and Impact of Artificial IntelligenceIndexBug
Imagine a world where machines not only perform tasks but also learn, adapt, and make decisions. This is the promise of Artificial Intelligence (AI), a technology that's not just enhancing our lives but revolutionizing entire industries.
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
2. 2 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
This presentation contains forward-looking statements that are based on the beliefs and assumptions of the management team of EVmo, Inc. (“EVmo”), and on information
currently available to such management team. These forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond EVmo’s and its
subsidiaries’ and affiliates’ control. All statements, other than statements of historical fact, contained in this presentation, including statements regarding future events, future
financial performance, business strategy and plans, and objectives of EVmo for future operations, are forward-looking statements. These statements are only predictions and
involve known and unknown risks, uncertainties and other factors, which may cause the actual results, levels of activity, performance or achievements of EVmo and EVmo’s
industry to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You
should not place undue reliance on any forward-looking statement. EVmo undertakes no obligation to update or revise publicly any of the forward-looking statements after the
date hereof to conform the statements to actual results or changed expectations.
Unless otherwise indicated, information contained in this presentation concerning EVmo’s industry and the markets in which it operates, including its general expectations and
market opportunity and market size, is based on information from various sources, including independent industry publications. In presenting this information, EVmo has also
made assumptions based on such data and other similar sources, and on EVmo’s knowledge of, and its experience to date. This information involves a number of assumptions
and limitations, and you are cautioned not to give undue weight to such estimates. The industry in which EVmo operates is subject to a high degree of uncertainty and risk due
to a variety of factors. These and other factors could cause results to differ materially from those expressed in the estimates made by the independent parties and by EVmo.
Each investor in this proposed offering must be an accredited investor as that term is defined in Regulation D promulgated under the Securities Act of 1933. You will be
required to certify as to your accredited investor status and, as we deem appropriate, to furnish information supporting the certification.
The securities offered are highly speculative and investment in the securities involves a high degree of risk. You must be prepared to bear the economic risk of the investment
for an indefinite period and be able to withstand a total loss of your investment. These securities have not been approved or disapproved by the Securities and Exchange
Commission or any state securities commission nor has the Securities and Exchange Commission or any state securities commission passed upon the accuracy or adequacy of
this memorandum. Any representation to the contrary is a criminal offense.
This offering is made in reliance on exemptions from registration under the Securities Act of 1933 and certain state securities laws; however, neither the Securities and
Exchange Commission nor any state securities commission has made an independent determination that the securities offered hereunder are exempt from registration. The
securities sold will be “restricted securities” for purposes of federal and state securities laws and you must purchase these securities for your own account and for investment.
It is the responsibility of any investor purchasing these securities to satisfy itself as to full observance of the laws of any relevant territory outside the United States in
connection with any such purchase, including obtaining any required governmental or other consents or observing any other applicable requirements. We are not making an
offer to sell these securities in any jurisdiction where the offer or sale is not permitted.
Disclosure
4. 4 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Technology –
Enabled Fleet
Management
Online Rental
Marketplace
Customer
Experience
Focus
• Manage fleet of Electric Vehicles (EV), Hybrid Vehicles, and Delivery Vans
• Advanced Connected Vehicle Technology
• Utilize innovative technology solution for fleet management optimization
• Technology platform for booking management, payment, and support
• Mobile and web applications for drivers and fleet owners
• Platform integrated with fleet management technology
• Intuitive platform designed for ease of use
• Insurance, maintenance, and support included
• Flexible options for drivers and fleet owners
• Enabling drivers to pursue higher-earning opportunities
EVmo is…
EVmo is a technology-
enabled fleet management
and rental company, which
connects gig drivers with
electric, hybrid, and delivery
vehicles
5. 5 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
EVmo is leveraging expertise in fleet management technology and
logistics for Car Sharing initiatives, passing opportunities and
savings down to drivers and consumers
• Total Ownership Costs for EVs average $6,000-$10,000 less than for gas-powered
vehicles, according to Consumer Reports
• EV fleet logistics minimizes the costs of scheduled maintenance and create less down
time because EV cars do not require oil changes, spark plugs and other combustible
engines repairs.
• Less downtime equals higher fleet utilization contributing to contribute to higher
profits.
EVmo offers drivers the ability to rent EV, Hybrid, and standard
vehicles of all sizes for their rideshare or delivery gigs
• Renting an EV for gig work empowers drivers to benefit from Zero Emission bonuses
and less out of pocket for gas contributing to higher earnings.
• EVmo’s expansion to EV cars and cargo delivery vans reaches a wider market and gives
drivers more options and opportunities.
Bridging the EV Demand Gap
As electric vehicles (EVs) are set to replace
carbon fueled vehicles, the availability of electric
vehicles in the Rideshare and Delivery industry
needs to keep up with the demand and changing
customer sentiments.
For many drivers, the high costs associated with
individually owning electric vehicles as well as
maintenance and insurance can be barriers to entry into
the EV rideshare/delivery business.
Gig drivers are typically making under $20/hour, and
rely heavily on bonuses, incentives, and utilizing multiple
rideshare/delivery platforms to maximize their profits.
EVmo is well positioned to fill this market need
and help pioneer the EV pervasion throughout
the rideshare and delivery industries.
With their growing fleet of technology-enabled vehicles and driver-centric customer platform, EVmo provides a
flexible, convenient, eco-friendly, and cost-efficient solution for drivers across the Rideshare and Delivery industries.
6. Mission
EVmo strives to rent every car, every day and
provide excellent service in the process. We are
committed to an environmentally friendly user
platform. We buy right, maintain high utilization
through our maintenance excellence program,
and forge key strategic relationships to drive our
environmental and economic initiatives.
Vision
We aspire to be the preeminent ridesharing
rental brand across North America which is
known for being customer & employee
focused, operationally astute, technologically
superior, and obsessed with sustainability.
Shareholder value will be produced at each
step of every business process.
7. 7 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
How EVmo Works
Through EVmo’s Rideshare
Rental™ platform, drivers can
conveniently create an account in
minutes
Drivers can browse through EVmo’s
impressive fleet of EV and hybrid
vehicles or delivery vans, and book by the
day, week, or month
Drivers may easily manage or
extend their rental via the site or
app, tailoring to their own
rideshare or delivery needs
• No credit check necessary - EVmo uniquely
serves and leverages the large segment of
drivers with traditional credit challenges
• Mobile and web app can be accessed from
any phone or computer
• All rentals include commercial
insurance, support, and maintenance at
no extra cost
• Fleet owners can also list their own
vehicles on the platform
• The platform includes integrated payments
for streamlined transactions.
• All vehicles in EVmo’s fleet are equipped
with telematics and kill switches to help
EVmo monitor activity and minimize risk.
8. 8 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
EVolution and Expansion Plans
2017
Founded in Los Angeles, CA
Began with fleet of 75
Focused on Technology Enabled
Fleet Management
2019
Rideshare Rental
Platform is launched
Introducing seamless
customer rental experience
and control of fleet
Today
600+ active cars on platform
Presence in 7 cities
Capitalizing on expanding Gig economy,
entering new vertical markets with Campus
and Commercial strategy
December 2022
Projecting 6,000+ active cars on platform,
and presence in 11 cities.
Expansion of existing and adjacent markets.
Markets aligned with Electric Vehicle
concentration and infrastructure.
December 2023
Expand to 10K+ active cars on platform,
and presence in 21cities
75% of fleet will be Electric or Hybrid
50% of the fleet to be operating under
commercial or institutional contracts
2020
Electric and Hybrid Vehicles
are introduced to the fleet.
Expand into CarShare operations
with Blue LA and BLINK
10. 10 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
EVmo’s Rideshare Rental App
Technology enables
engine start, stop,
lock and unlock of
the vehicle
App based functionality
that monitors charge
and range
Seamless lifecycle of
the car share
experience
10 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
11. 11 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Fleet Evolution Strategy
EVmo is devoted to proliferating the presence of environmentally friendly vehicles while providing diverse
vehicle options to meet drivers’ needs
Internal
Combustion
Engines
73%
EVs
15%
Hybrids
4%
Cargo
Vans
8%
Internal
Combustion
Engines
20%
EVs
40%
Hybrids
25%
Cargo
Vans
15%
Current Fleet Mix
Future Fleet Mix (by 2023)
Expansion & Diversification
• Expand geographic presence from regional to national coverage and reconfiguring existing
locations with local resources tailored to local markets
• Diversify our rental fleet with a wider array and more vehicles to increase scale, the range of
customer options, and markets served.
•Incorporate Car Sharing that leverages EVmo’s current tech
•Small purpose built utility and delivery type vehicles
•Explore the use of Electric bikes (e.g. Rockit Bikes) to be used in super-urban and urban
environments for delivery of groceries, hot food, and small to medium retail consignments
Partnerships & Acquisitions
• Increasing the number of fleet vehicles through strategic partnerships
• Leverage OEM emerging technology offerings
• Fleet acquisitions continue to be a powerful opportunity for EVmo to increase fleet size and
market share at a lower expense
• Partnership with major charging company (Blink) as well as with large campuses and states
ICE = Internal Combustion Engines
12. 12 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Hyundai Elantra
% of Fleet 75%
Cost per Day $39
Cost per Week $199
Cost per Month $795
Hyundai Sonata
% of Fleet 5%
Cost per Day $49
Cost per Week $255
Cost per Month $995
Hyundai Ioniq Hybrid
% of Fleet 5%
Cost per Day $49
Cost per Week $255
Cost per Month $995
*Note: Base rental rates do not include (a) insurance and (b) transaction fee of 10%
% of Fleet 7.5%
Cost per Day $49
Cost per Week $255
Cost per Month $995
Hyundai Kona EV
Distinct Owned EV and Hybrid Fleet Vehicles
Tesla Model 3
% of Fleet 7.5%
Cost per Day $59
Cost per Week $339
Cost per Month $1,200
Each vehicle in EVmo’s fleet comes equipped with EVmo’s proprietary field logistics management
technology such as telematics to monitor location, vehicle health, driver behavior and vehicle utilization.
Remote disablement functionality helps minimize risk.
Base costs* include maintenance, support, telematics, and use of the platform to manage the reservation.
13. 13 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Purpose built Delivery Vans bring diversity to the EVmo fleet,
reaching more diverse market segments in Food Delivery and Last Mile Delivery.
All vans in the fleet are high roof design equipped with a telematics suite featuring front
and rear facing camera, folding shelving, and bulkhead doors.
Van rental pricing varies depending on the vehicle, and long-term monthly contracts are
also available. As with all EVmo vehicles, base costs* include maintenance, support,
telematics, and use of the platform to manage the reservation.
Distinct Owned Delivery Van Fleet
*Note: Base rental rates do not include (a) insurance of $15 per day and (b) transaction fee of 10%
14. 14 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
EVmo Car Share Fleet
Management
In addition to its own fleet, EVmo allows
fleet owners to feature their vehicles on the
platform.
Leveraging EVmo’s state-of-the-art fleet
management technology, fleet owners can utilize
the platform to provide drivers with even more
vehicle options
The Fleet Owner’s App
Sign In List Vehicle Manage Income
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• With increasing demand for clean energy and sustainable products, consumers are drawn to electric
vehicles for their environmental benefits
• EVs are becoming increasingly comparable to their combustion counterparts (in terms of price, milage, and
number of options in the marketplace) – fueling the demand for the eco-friendly alternative
• Fuel economy and emission targets are constantly reviewed and implemented by governments, and shaping
OEM strategies and consumer preference
• City access restrictions, bans, or taxes for using older combustion engines
• Some governments are offering a financial incentives to make the electric switch
• Ford plans to invest $22 billion in vehicle electrification through 2025, an amount that's nearly double its prior
plans, the company said.
• GM is also becoming more aggressive with its EV plans, and aspires to stop selling internal combustion
cars, SUVs and pickups by 2035.
• Apple will work with Hyundai on an electric car
• Tesla growing and expanding it’s EV product line
Everyone’s going Green!
Electric Vehicles (EVs) are destined to become the mainstay by 2030, and
several trends have paved the way for a full transition to EVs.
Customer
Sentiment
Policies and
Regulations
OEM
Strategic
Shifts
The significant
shift in
expected
volume of EVs
by 2030 is
based on three
factors:
17. 17 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
The Rideshare and Delivery EVolution
The US Rideshare and Delivery markets are expected to
reach $175B and $40B by 2025, respectively.
• The City of LA’s car sharing fleet is expected to quadruple by 2030
• Global Gig Economy is expected to grow from $204 billion in 2018 to $455
billion in 2023.
• The average New Yorker spends $773.7 on food delivery per year, with San
Franciscans spending about $579.8 annually, per person.
• According to meal kit delivery statistics, the meal kit industry was valued at
$4.65 billion in 2017, and estimated to reach $11.6 billion by 2022. (Statista)
$73.1
$87.1
$103.8
$123.8
$147.5
$175.8
'20 '21 '22 '23 '24 '25
$26.5
$28.8
$31.2
$33.9
$36.8
$40.0
'20 '21 '22 '23 '24 '25
The rideshare and delivery industries are rapidly growing and following global trends by Going Green.
Environmental and sustainability objectives drive electric
vehicle policy support at all government levels and support
aggressive transformation towards Green Energy.
• Public infrastructure for charging stations remains a high priority for US cities,
which will further electric car sharing usage.
Rideshare and Delivery customers are inclined to choose a
green alternative when one is available
• As of 2020, nearly 1.8 million EVs were registered in the U.S., more than
three times as many as in 2016, according to the International Energy Agency
(IEA).
• Uber has set aside $800 million to get its drivers to use electric vehicles by
2025 (Techcrunch).
Drivers are able to increase their earning potential, thanks
to incentives and bonuses for those who use Electric
Vehicles (EVs).
• Uber Green and Uber Zero Emissions bonuses are worth up to 4k annually
to drivers alone.
Domestic Rideshare Industry
19.2% CAGR
($ in Billions)
Domestic Delivery Industry
($ in Billions)
8.6% CAGR
18. 18 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Competitive Landscape
Traditional
Rental
Companies
Car
Sharing
• Focused on business travel and day rentals
• Slow to react to changing market demand
• Lower utilization rates than EVmo
• Slow evolution to EV
• Limited EV strategy, largely tied to OEM broader production portfolio
• Primarily Peer-to-Peer rental
• Limited control of vehicle quality and control
• Slow to react to changing market conditions
• Strategy dependent on third party availability
• Fleet-as-a-Service Model
• Managed fleet of purpose-specific vehicles
• Able to bridge both supply (rental vehicles) and demand (gig work)
• Rideshare, Managed Mobility, Commercial fleet agreements
• Company deploys owned/leased assets to respond to market demands
• EV transition strategy
Hertz, Enterprise,
Alamo, Budget
Hyrecar, Zipcar,
Getaround
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Competitive Advantage
• Established in the rideshare industry – tens of thousand of passenger rides under our belt.
• Best positioned to leverage experience to deliver the strongest EV offering in a rideshare environment.
• Leveraging valuable lessons learned – focus on driver at every level of planning, built based on user experience and latest
technology
• Deep roots in rideshare driver behaviors - valuable data and experience in rideshare and delivery market helps optimize
driver user experience
• Headquartered in California, one of the most progressive EV state in the country - EV user acceptance is high
• Firmly positioned in Los Angeles and San Francisco markets (2 ofTop 10 EV cities in the US)
• Has plans to grow in all top 10 EV cities in the US.
• Rolling out aggressive strategy to be a mixed fuel fleet.
• More established in the rideshare market, on track to grow presence in delivery industry, providing vans and bikes.
Market
Position
• Diverse fleet - comprised of leading vehicles, delivery vans and cargo bikes.
• Robust fleet electrification plan - driven by the most reliable energy solutions and technology-based operational
efficiencies.
• EVmo will be the first fleet with a rotation of cars that are available to drivers to switch to if the car they are
currently driving is low on charge.
Diverse
Fleet
• Focus on innovative solutions to optimize driver’s experience
• Will leverage federal, state and local incentives, in turn benefitting and passing savings on to the driver
• Partnerships with leading EV fleet and service providers, including ChargePoint and Tesla.
• Deliver and develop technology to make EV cars in the rideshare, delivery and EV cargo space an easy and obvious vehicle
solution.
Strategy
Experience
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Geographic Footprint &
Expansion Plan
Note: Represents data as of July 2021
LA
Chicago
Dallas
New
Jersey
Baltimore
Las Vegas
San
Francisco &
Oakland
32k+ drivers in our CRM network
600+ active cars on platform
Will have up to 1,000 cars by Dec 2021
6,000 cars expected by Dec 2023*
• Sacramento
• San Diego
• San Jose
• Irvine
• New York
• Phoenix
• Houston
• Austin
• Fort Worth
• Philadelphia
• Jacksonville
In the next 24 months, EVmo plans
to add additional cars in current
markets, and expand to:
• Orlando
• Tampa
• Seattle
• Denver
• Portland
• Boston
• Detroit
• Memphis
• Atlanta
• Salt Lake
*Projections assume $25M of capital
by October 2021
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• Adding and enhancing fleet
management technology and
processes. Increasing EV car availability
and reduce expenses for repairs,
maintenance, turnaround, and fit-out.
• Adding new billing and collection
technology, and servicers that will
reduce AR delays and increase collection-
to-loss ratios.
• More features for drivers and fleet
owners to increase efficiencies and
customer satisfaction.
• Expand use of API integration resources
allow for connectivity with fleet owners,
driver programs, CRM applications, and
AR/AP solutions.
Technology
Development
• Reducing driver acquisition cost
through creation and management of
driver content, messaging, education, and
other resources.
• Continue to build professional and tech-
enabled sales forces to optimize sales
territories, decrease driver acquisition
cost, and drive revenue growth.
• Continue to improve the effectiveness
of fleet team with new management,
focused training, strong customer
relationships, and ongoing technology
enhancements
• Major effort being made on building strong
data-centric operations, strong safety
culture, fleet management efficiencies,
higher fleet availability, collections, and
other key milestones.
Operational
Excellence
• Pursue additional partnerships with gig
platforms to connect drivers with more
options and benefit from affiliated
references
• Serve as a resource to connect drivers
with new gig opportunities including food
delivery, package delivery, advertising, and
product sales.
• Partner with driver consulting, education
professionals, and efficiency experts to
increase the EVmo driver success
rate and increase Retention and Lifetime
Value.
• Collaborate and partner with government
agencies, university, and local
municipalities to enable transportation
initiatives.
Marketing
& Strategy
What’s Ahead for EVmo
24. 24 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Executive Experience
EVmo’s New Management Team
Terren Peizer
Executive Chairman of the Board
• Highly successful entrepreneur and investor, having
founded and successfully commercialized many companies.
• Majority stockholder of Ontrak Inc., a leading AI and
telehealth-enabled, virtualized healthcare
• Board Chairman, CEO and majority shareholder of BioVie,
Inc., which is the industry leader in the development of
two orphan drug candidates for the treatment of rare liver
diseases.
• Mr. Peizer was Chairman of Cray Inc. having bought the
company from Silicon Graphics for assumption of debt
which was recently sold to Hewlett Packard for
approximately $1.4 billion
Ryan Saathoff
Chief Financial Officer
• Managing Partner of RG Alliance Group since 2013.
• President, Chief Financial Officer and Chairman of Now
Express Cartage, Inc.,
• Chief Operating Officer and Consulting Chief Financial
Officer to TGG Accounting, a finance and operations
consulting firm since 1999
• 1996 -1999, he was Controller of WorldTrans Services
Inc., a transportation business.
Stephen M. Sanchez
Chief Executive Officer
• Over 30 years of experience in the logistics industry, particularly in
the design, implementation and operation of last-mile delivery
services
• Since November 2019, Mr. Sanchez has served as the CEO of PDQ
Pickup, which he joined in August 2019 as Chief Operating Officer.
• 2018-2019, he was Senior Vice President of Operations and
Business Development for Boxbot, Inc., a robotics company
focusing on the development and sale of autonomous last-mile
delivery vehicles.
• 2015-2018, he was senior manager of Final Mile Process
Engineering for Amazon, Inc
Greg Miller
Chief Operating Officer
• More than 35 years of experience in fleet management
• Prior President of FleetLogik, a specialized fleet consultancy
• Senior Vice President Fleet Operations and Procurement for
National Express, a leading transit provider operating more than
17,000 vehicles across North America.
• Head of Fleet Operations for DHL Express
• Various advisory or board positions, including eIQ a start-up
venture focused on the analytics of mobility and electric vehicles
based in Oakland CA
25. OEM/Strategic Partnerships
• EV OEM’s provides EV cars to EVmo at significantly discounted
terms and expedited delivery.
• A partnership with American Business Insurance Services (ABI)
provides rideshare-specific insurance along with exceptional
rates and telematics.
• Frequent response to geo-based Lyft requests to serve driver
demand has resulted in multiple new office locations for EVmo.
• Financing and fleet partnership with Acme Auto Leasing LLC (avg
lease payment of $370/month per vehicle).
• Fleet providers join our platform regularly to benefit from our
ability to increase utilization rates often of over 85%.
27. 27 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Dynamic Growth & Cash-flow Positive
Cars on the Platform
50
200
375
600
FYE 17 FYE 18 FYE 19 FYE 20
$236
$3,289
$7,327
$7,994
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
FYE 17 FYE 18 FYE 19 FYE 20
Total
Revenue
(000's)
Total
Revenue
(000's) EVmo sees high demand from
drivers and has the infrastructure
to quickly scale cars on the
platform.
The only limiting factor is
availability of capital.
Covid-19 caused a dip in the second quarter, the company recovered 3rd and 4th with highest
revenue in company history
$1,829
$1,623
$2,225
$2,317 $2,295
$2,741
0
500
1,000
1,500
2,000
2,500
3,000
Q1 '20 Q2 '20 Q3 '20 Q4 '20 Q1 '21 Q2 '21
Historical Revenue by Quarter
Historical Revenue byYear
• EVmo has successfully grown the revenues of both managed cars and its own vehicles via the
RideShare Rental platform.
• EVmo anticipates leveraging the relationships with OEM’s and fleet operators to substantially
accelerate platform growth.
• Trailing Twelve Months Revenue (July 2020 – June 2021) - $9,577,221
28. 28 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Investment Highlights
Early Mover
Advantage
Large & Growing
Market
Financial Execution
Experienced
Management
• In 2016, the Company identified a
supply shortage in ridesharing
vehicles.
• By 2019 EVmo became an early
mover in EV Fleet management
solutions and logistics and has
leveraged technology and EV
engineering advancements.
• EVmo is poised for a quantum leap
towards an electrification of the EV
rideshare and delivery fleet market.
• $150 billion domestic ridesharing,
delivery, and logistics industry expected
by 2023.
• An increased demand for Electric
vehicles (EV) rideshare, delivery, and
logistics - coupled with the need for
quality vehicles that meet stringent
requirements - have created a massive
opportunity within the ancillary driver
services segment.
• Changing consumer preferences
towards Mobility-as-a-Service (MaaS).
• In the last twelve months the Company
achieved $9.6 million in revenue.
• Strong projected unit economics
bolstering revenue growth & scalability:
• $2,000 target monthly revenue / car
• Target cash contributions / car of 45%
for own fleet
• Target cash contributions / car of 25%
for managed fleet
• 4.8x lease cost coverage (for own
cars)
• The strong management team
possesses over 95+ years of
combined experience in
transportation, logistics and
finance.
• The independent directors are
equipped with vast experience
and industry relationships.
29. 29 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Terren Peizer
Executive Chairman
Terren@evmo.com
Thank you!
Stephen M. Sanchez
CEO
Steve@evmo.com
30. 30 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Appendix
31. (1): Including lease payable of $3.7 million associated with vehicle financing
Current
Ownership &
Capitalization
Capitalization ($MM) 1/31/2021
Basic Shares Outstanding 32.
Options & Warrants 2.2
Fully Diluted Shares Outstanding (TSM) 34.2
Cash & Cash Equivalents and Assets $6.6
Total Debt (1) $5.
60%
40%
Management
Alignment w/
Shareholders
EVmo
Insiders
Other
Shareholders
32. 32 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
Target Model (at 95% utilization rate)
Own Standard Vehicles
Per Car / Month
Base Rev / Car (1)
$1,200
Insurance Premiums ($17 /
Day)
$510
Transaction Fee (10%) $120
TOTAL REV / CAR $1,830
Lease Payment (cap lease) ($370)
Driver Paid Insurance ($12 /
Day)
($360)
Insurance (fleet policy) ($40)
Misc & Maint Expense ($210)
CASH EXPENSES ($980)
Cash Contribution / Car
(after financing lease
obligation)
$850
Cash Contribution %
(after financing lease
obligation)
46%
Base Rev / Car (1) $1,200
Insurance Premiums ($17
/ Day)
$510
Transaction Fee (10%) $120
TOTAL REV / CAR $1,830
Rev Share w/ Fleet Owner ($960)
Driver Paid Insurance ($12
/ Day)
($360)
CASH EXPENSES ($1,320)
Cash Contribution / Car $510
Cash Contribution % 28%
Managed Vehicles
Per Car / Month
(1): Assuming $40 per day rental @ 30 day month
(2): Policies directly related to vehicle coverage; excluding EVmo parent D&O policy
Note: Cash contribution / car, a non-GAAP metric, is defined as revenue less direct cash operating & financing expenses before general & administrative expenses
Owned EV
Per Car / Month
EV Bikes
Per Bike / Month
Base Rev / Car (1) $1,200
Insurance Premiums ($17 /
Day)
$510
Transaction Fee (10%) $120
TOTAL REV / CAR $1,830
Rev Share w/ Fleet Owner ($960)
Driver Paid Insurance ($12
/ Day)
($360)
CASH EXPENSES ($1,320)
Cash Contribution / Car $510
Cash Contribution % 28%
Joint Venture
Contribution
$200
Total Contribution $710
Base Rev / Car (1)
$1,700
Insurance Premiums ($17 /
Day)
$510
Transaction Fee (10%) $170
TOTAL REV / CAR $2,380
Lease Payment (cap lease) ($530)
Driver Paid Insurance ($12 /
Day)
($360)
Insurance (fleet policy) ($40)
Misc & Maint Expense ($210)
CASH EXPENSES ($1,140)
Cash Contribution / Car
(after financing lease
obligation)
$1,240
Cash Contribution %
(after financing lease
obligation)
52%
Unit Economics
Joint Venture Vehicles
Per Car / Month
Base Rev / EV bike $360
Insurance Premiums ($5 /
Day)
$150
Transaction Fee (10%) $36
TOTAL REV / BIKE $546
Lease Payments ($69)
Driver Paid Insurance ($2 /
Day)
($60)
CASH EXPENSES ($129)
Cash Contribution / Bike $417
Cash Contribution % 76%
33. Vehicle Equity
$13,000
$6,500
$25,000
$1000
$25,000
$15,000
$10,000 $8,000
1.5 YEARS.
UNDER 70K
MILES
2 YEARS, 100K
MILES
2.5 YEARS, 150K
MILES
3 YEARS, 180K
MILES
$13,000
$10,000
$8,000
$5,000
1.5 YEARS.
UNDER 70K
MILES
2 YEARS, 100K
MILES
2.5 YEARS, 150K
MILES
3 YEARS, 180K
MILES
Hyundai Elantra / Kia Forte
Electric Vehicles (EV)
EV Residual value of a rideshare
rental-owned vehicle after 3 years
Purchase Price $34,000
Retail Price $37,000
Fed Credit Back $7,500
Finance Amount $30,600
Interest Rate $7%
Residual value at
end of 3-year period
$17,000
Purchase Price $17,800
Retail Price $20,900
Finance Amount $16,000
Interest Rate $7%
Residual value at
end of 3-year period
$5,000
34. The Rideshare/Delivery Driver
• Delivery drivers gain access to outfit
Cargo vans during high peak delivery
seasons.
• RideShare Drivers have higher
earning potential with less out of
pocket expenses.
* - EVmo industry discussions
** - Source: UCLA Rideshare Study 2018
EVmo delivers a high-value,
high-profit solution to
rideshare and delivery
companies and drivers alike.
34 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
35. 35 | Confidential and Proprietary. EVmo, Inc. All Rights Reserved.
EVmo drivers progress with the EV offering and
gain credibility and ratings, and the ability to earn
more and drive the car longer.
EVmo drivers have no time commitment,
yet their retention validates the
company’s program value.
EVmo Driver Rental Term Breakdown
< 1 month 1-3 months 3-6 months 6+ months
The EVmo Rideshare and Delivery Drivers
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EVBikes
Electric bikes can be used in super urban and urban environments for delivery of
groceries, hot food, and small to medium retail consignments
Delivery titans like DHL and others are currently using electric bikes across their network.
Benefits
• Zero emissions
• Low to no maintenance
• Reduce amount of delivery
vehicles on the road
• Reduce costs to drivers
With 85 miles of range, these
bikes are scoped to operate for
more than 8 hours per day on a
single charge.
The “cargo space” can
accommodate up to 40 cubic
feet of usable space for delivery
material.