ZEVX

ZEVX

Be part of our mission. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD109—164m (Dealroom.co estimates Feb 2023.)
Gilbert Arizona (HQ)
  • Edit
DateInvestorsAmountRound
-

N/A

-
N/A

$250k

Seed

$10.0m

Series A
N/A

$26.2m

Convertible
*

$20.0m

Early VC
*
N/A

$23.9m

Debt
Total FundingCAD77.0m

Recent News about ZEVX

Edit
More about ZEVX
Edit

Zero EV Corp (ZEV) is a forward-thinking startup dedicated to reducing carbon emissions by promoting the adoption of electric vehicles (EVs). The company aims to eliminate 144 million pounds of CO2 emissions annually by providing a comprehensive platform for fleet electrification. ZEV primarily serves businesses and organizations that operate vehicle fleets, helping them transition from traditional fuel-powered vehicles to electric ones.

Operating in the electric vehicle market, ZEV focuses on making the switch to EVs as seamless as possible. Their business model revolves around offering a complete solution that includes the necessary hardware, software, and support services to electrify fleet vehicles. This includes battery drive units and other essential components, which are sourced from committed suppliers.

ZEV makes money through several revenue streams. Firstly, they sell the electric vehicle conversion kits and components to fleet operators. Secondly, they offer ongoing support and maintenance services, ensuring that the electrified fleets operate efficiently. Additionally, ZEV has secured funding through seed rounds and is currently exploring Series A funding opportunities to expand its operations.

The company boasts a strong team of experts, including Damon Kuhn, the Chief Technology Officer, who has extensive experience in the automotive industry and in developing advanced battery and hydrogen fuel cell technologies. This expertise positions ZEV as a leader in the EV market, capable of driving significant advancements in fleet electrification.

In summary, Zero EV Corp is a startup focused on reducing carbon emissions by helping businesses electrify their vehicle fleets. They operate in the electric vehicle market, providing a full suite of products and services to facilitate this transition. Their revenue comes from selling conversion kits, components, and offering support services. With a strong team and solid funding, ZEV is well-positioned to make a significant impact in the EV industry.

Keywords: Fleet Electrification, Electric Vehicles, CO2 Reduction, Battery Drive Units, EV Conversion Kits, Automotive Industry, Support Services, Seed Funding, Series A, Carbon Emissions.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.