The fintech wants to provide an access solution to 6,600-plus charge points in London without drivers paying a hefty fee to multiple charge point operators.
Mobility fintech Moove is partnering with Paua to develop what claims to be the first end-to-end EV charging network app solution in the mobility industry.
Paua operates the largest electric vehicle (EV) roaming network for business drivers in the UK, providing fleets with access to 20,000 public charge point connectors at 6,500 locations across the nation.
Using Paua’s technology, Moove Charge will support customers in their transition to electric vehicles by providing a simplified, all-in-one access solution to more than 6,600 charge points in London without paying a hefty monthly subscription fee to multiple charge point operators (CPOs).
Moove, which is Uber’s largest vehicle supply partner in EMEA, is driving forward the electrification of mobility in London, offering EVs at competitive rates to its customers and helping to improve the productivity of ride-hailing drivers through value-added services like Moove Charge. The service reportedly provides a cost-saving of up to £340 per year, or approximately 12 per cent of average annual EV charging cost.
“Our mission is to empower mobility entrepreneurs on ride-sharing, e-logistics and last-mile delivery platforms to be more productive and successful, and to achieve financial security”
The African-born company operates across 13 markets globally and launched in London with a 100 per cent EV rent-to-buy model that provides access to brand new, zero-emission Tesla Model 3 and Hyundai Ioniq vehicles with no upfront costs and a flat weekly fee.
Moove recently raised £15m in debt financing and aims to scale to 10,000 EVs in London over the next three years.
“Moove is an impact-led company committed to the electrification of mobility,” said Charlotte Bailey, head of Europe at Moove. “Our mission is to empower mobility entrepreneurs on ride-sharing, e-logistics and last-mile delivery platforms to be more productive and successful, and to achieve financial security. Paua has been a fantastic partner in our mission to support our customers in their transition to EVs.”
London has a fast-growing network of EV charge points but these are operated by a fragmented market of charge point operators and suppliers. Furthermore, charging can require forward planning to locate charge points and account for charge time. This is even more pivotal for ride-hailing drivers where time lost can heavily impact their earning capacity.
Crucial to drivers is the ability to access a vast network of rapid and fast chargers which is currently spread across over 25 separate CPOs, each with its own app making navigation of the supply landscape and access to charge points cumbersome.
“Soon Londoners will be able to select electric driven forms of transport for all their journeys from micromobility, private hire, busses and even their personal car”
Inadequate visibility of the available charge points across different networks is often a source of frustration among new adopters of EVs. The Moove Charge app has been designed specifically with these pain points in mind and facilitates a frictionless transition by providing easy location and ease of access to the largest network of slow, fast and ultrafast EV charge points across London.
“Soon Londoners will be able to select electric driven forms of transport for all their journeys from micromobility, private hire, busses and even their personal car,” said Niall Riddell, CEO & co-founder at Paua. “Providing a universal charging solution to enable this removes another barrier to the adoption of electric vehicles.”
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