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The funding will support the Germany-based company's future growth in Europe and the U.S.
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With the withdrawal of a major subscription company from the U.K., several other players have enpanded their reach in the EV marketplace, offering fleet managers another acquisition channel.
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Chessman wants "to see Wagonex deliver a further period of sustainable growth, developing a market and building a strong reputation from both vehicle providers and consumers using the platform."
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The company surpassed 2 million connected vehicles in 2020.
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The EV subscription service bundles the costs of an EV charging infrastructure into a monthly fee that varies based on utilization, making it simpler for fleets to forecast.
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The Stellantis-owned mobility brand is launching monthly subscriptions in San Francisco, San Diego, San Jose, and Sacramento.
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The Scandinavian manufacturer hopes to disrupt the contemporary EV business model using a battery subscription service (and more).
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The service, which was operating in Nashville as a pilot program, will end Jan. 31.
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Hertz My Car provides three all-inclusive subscription tiers that offer a variety of vehicles to fit customers' budgets and includes liability protection and premium roadside assistance.
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If Sixt+ customers decide to buy a car through Sixt Car Sales, Sixt will provide the customer with a credit, valued at one month’s base rate of their Sixt+ subscription.
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