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.
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2
a technology-enabled fleet
management and rental
company with a green mission.
We connect drivers with EVs
and ICE vehicles
through the
is
platform.
Connecting drivers with the
vehicles they need
• Partner with communities, universities, and
companies to grant their members access to
vehicles without the cost of ownership
• Bring more rideshare capabilities to
communities and campuses by connecting
gig-drivers with vehicles
Positive impact on environment
through increasing EV options
• Help companies meet their sustainability
objectives
• Offer EV options in all markets, aiming to be
100% green by 2030
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Supply gap in the gig economy
3
Delivery / Rideshare Companies
Ridesharing and rapid delivery
industries are growing rapidly, but a
shortage of gig drivers is not
allowing them to keep up with demand
Corporate Employees
Providing vehicle rental options to
employees can help companies reach
sustainability goals by decreasing
overall vehicle traffic and promoting
EV usage
Companies are increasing incentives to
drivers in order to encourage more
participants in the gig economy
Companies are also investing in
sustainability initiatives, and allow drivers
to earn more per trip if they drive an EV
An increasing number of employees are
choosing not to drive a car… xxxx
xxxx
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Bridging the gap
4
With EVmo, drivers can be their own boss with access to
EVs at their convenience
• EVmo’s increasing EV fleet helps campuses & universities provide
sustainable, environmentally-friendly, and affordable driving options to their
employees, students and faculty
• More students are able to join the gig economy and fill the supply gap
within rideshare/delivery industry
• RideShare Drivers have higher earning potential with less out of
pocket expenses
• No credit card required – EVmo makes it easy for everyone to
participate
• Drivers can earn higher wages from rideshare/delivery companies for
using an EV
• More cars and gig drivers on campus translates to more availability of safe
and reliable transportations for the whole student body
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How EVmo Works
5
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.
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EVmo’s Fleet of Vehicles
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Hyundai Elantra Kia Forte
Hyundai Ioniq
Hyundai Kona
Tesla Model 3
11% of fleet
Daily rate: $63
Weekly rate: $441
Monthly rate: $1764
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.
Base costs* include maintenance, support, telematics, and use of the platform to manage the reservation.
Nissan Altimas are being delivered as of June 2022 and will soon be available in each market.
*Note: Base rental rates do not include (a) insurance and (b) transaction fee of 10%
Chevy Bolt
Promotions and discounts available
5% of fleet
Daily rate: $54
Weekly rate: $378
Monthly rate: $1512
4% of fleet
Daily rate: $54
Weekly rate: $378
Monthly rate: $1512
13% of fleet
Daily rate: $43
Weekly rate: $301
Monthly rate: $1204
52% of fleet
Daily rate: $43
Weekly rate: $301
Monthly rate: $1204
15% of fleet
Daily rate: $54
Weekly rate: $378
Monthly rate: $1512
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EVmo’s Growing Footprint
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Current Markets:
• Primary Markets: 34% EV
• LA
• Las Vegas
• San Francisco/Oakland
• Chicago
• New Jersey
• 40K+ drivers in our CRM network
• 660+ active cars on platform
• Electric/Hybrid vehicles available
in all markets
Strategic Expansion:
Expansion in current markets
• Adding 400 new vehicles per
quarter
• Increasing percentage of EVs
Future Markets
• Austin, Atlanta, Miami
• Presence in each by Q1 2023
LA
Chicago
New
Jersey
Las
Vegas
San
Francisco
& Oakland
Atlanta
Miami
Austin
Primary Market
Secondary Market
Future Market
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Driving towards more sustainable options
8
EVmo is well positioned to fill the market need,
and help pioneer the EV pervasion throughout
the Rideshare and Delivery industries
• Increasing amount of EV vehicles available for rent
• Leveraging expertise in fleet management technology
and logistics for Car Sharing initiatives
• Passing opportunities and savings down to drivers and
consumers
• Offering drivers the ability to rent EV, Hybrid, and
standard vehicles of all sizes for their rideshare or
delivery gigs
Electric vehicles (EVs) are set to replace
most carbon fueled vehicles within te
next 10 years
• Environmental and sustainability objectives
drive electric vehicle policy support at all
government levels and support aggressive
transformation towards Green Energy.
• Rideshare and Delivery customers are inclined
to choose a green alternative when one is
available
• Drivers are able to increase their earning
potential, thanks to incentives and bonuses for
those who use Electric Vehicles (EVs).
Availability of electric vehicles in the Rideshare
and Delivery industry needs to keep up with
demand and changing customer sentiments
Current Fleet Fleet by 2023
34%
EV/
Hybrid
75%
EV/
Hybrid
1900+
Vehicles
600+
Vehicles
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Bring EVmo into your community
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Provide job opportunities and flexible access
to vehicles for community members…
ü Increase the availability of rides in underserved
communities
ü Allow flexible rental options at very competitive prices
ü Turnkey solution – EVmo owns, operates, and maintains
the fleet of vehicles and the technology platform for
rentals and payment
…all while working towards sustainability
objectives by providing EV options to the
community
With EVmo, communities can be on the forefront of change by adding access to jobs and sustainable
transportation to their communities
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Partnering with EVmo
10
How to partner with EVmo:
q Provide infrastructure and energy for the vehicles
q Determine desired fleet volume and provide
designated parking spaces for EVmo vehicles
q Agree on a revenue target – a reasonable minimum
revenue that EVmo can expect based on fleet size and
community participation
EVmo provides partners with:
q A designated fleet of vehicles for your campus
q Marketing and promotional materials
q Access to customized analytics and utilization
reporting
q Special codes/rates for student discounts
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Greg Fischer
VP of Sales/Marketing
GregF@evmo.com
Thank you!
Stephen M. Sanchez
CEO
Steve@evmo.com
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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:
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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.
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Competitive Landscape
15
WIP - graphics to be finalized after content
(consider removing from deck for most audiences)
Specialize in
gig-economy
rentals
Actively
pursuing
EV/Green
initiatives
Users can rent
without a
credit card
Partnerships
with
communities for
special pricing
???
National
Rental
Companies
• Focused on business travel and day
rentals
• Slow to react to changing market
demand (EV, Hourly Rental)
• Lower utilization rates than EVmo
• Limited EV strategy, largely tied to
OEM broader production portfolio
Yes – in some
markets
Yes No No
Peer-to-
peer
Carshare
• Limited control of vehicle quality
• Slow to react to changing market
conditions
• Strategy dependent on third party
availability
No No No No
EVmo /
RideShare
Rental
• 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
Yes Yes Yes Yes
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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
• 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.
• 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.
Operational
Excellence
What’s Ahead for EVmo
Audience: Invest
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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