Evmo Investor Presentation September 2021

Investor Presentation
September 2021
EVmo Inc.

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

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

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.

The Rideshare and Delivery EVolution
The US Rideshare and Delivery markets are expected to reach
$175B and $40B by 2025, respectively.
$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
$40.0
'20 '21 '22 '23 '24 '25
The rideshare and delivery industries are rapidly growing and following global trends by Going Green.
Environmental and sustainability objectives
drive electric vehicle policy support at all
government levels and support aggressive
transformation towards Green Energy.
Rideshare and Delivery customers are
inclined to choose a green alternative when
one is available
Drivers are able to increase their earning
potential, thanks to incentives and bonuses
for those who use Electric Vehicles (EVs).
Domestic Rideshare Industry
19.2% CAGR
($ in Billions)
Domestic Delivery Industry
($ in Billions)
8.6% CAGR

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.

EVmo is well positioned to fill market need and help
pioneer the EV pervasion throughout the rideshare
and delivery industries
• 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
Bridging the EV Demand Gap
Electric vehicles (EVs) are set to replace
carbon fueled vehicles
• Availability of electric vehicles in the
Rideshare and Delivery industry needs to
keep up with demand and changing customer
sentiments
Drivers may be deterred by high costs
associated with owning vehicles/EVs
• Maintenance and insurance can be barriers to
entry into the EV rideshare/delivery business.
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.

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

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.

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

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

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%.

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.

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%

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

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

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

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

• 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

Revenue & Growth
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)
EVmo sees high demand from
drivers and has the infrastructure
to quickly scale cars on the
platform.
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

Executive Experience
EVmo’s 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

(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

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.

Ryan Saathoff
CFO
Ryan@evmo.com
Thank you!
Stephen M. Sanchez
CEO
Steve@evmo.com

Appendix

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 %
obligation)
46%
Base Rev / Car (1) $1,200
Insurance Premiums ($17
/ Day)
$510
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
Day)
$510
Rev Share w/ Fleet Owner ($960)
Driver Paid Insurance ($12
/ Day)
($360)
Cash Contribution / Car $510
Joint Venture
Contribution
$200
Total Contribution $710
Base Rev / Car (1)
$1,700
Day)
$510
Lease Payment (cap lease) ($530)
Day)
($360)
Insurance (fleet policy) ($40)
Misc & Maint Expense ($210)
Cash Contribution / Car
obligation)
$1,240
Cash Contribution %
obligation)
52%
Unit Economics
Joint Venture Vehicles
Per Car / Month
Base Rev / EV bike $360
Day)
$150
TOTAL REV / BIKE $546
Lease Payments ($69)
Day)
($60)
CASH EXPENSES ($129)
Cash Contribution / Bike $417

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

• 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:

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.
Placeholder for appendix slide for
Xed out bullets (which were
removed from main body)
v

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
Placeholder for appendix slide for
Xed out bullets (which were
removed from main body)

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

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.

Evmo Investor Presentation September 2021

Empfohlen

Empfohlen

Weitere ähnliche Inhalte

Was ist angesagt?

Was ist angesagt? (20)

Ähnlich wie Evmo Investor Presentation September 2021

Ähnlich wie Evmo Investor Presentation September 2021 (20)

Mehr von RedChip Companies, Inc.

Mehr von RedChip Companies, Inc. (20)

Kürzlich hochgeladen

Kürzlich hochgeladen (20)

Evmo Investor Presentation September 2021