Drivers want EVs. Lenders won't lend. Here's how we fix it.
Ride-hailing and last-mile delivery drivers are exactly who EVs are built for — high mileage, fuel-sensitive, urban. Existing finance was never designed for how they actually earn.
Financing exclusion
No payslip, no collateral. Drivers fall to informal lenders charging 10–30% interest per month — up to 360% a year. Ownership stays mathematically out of reach.
Earnings-based underwriting
We underwrite drivers on verified ride-hailing earnings data — no payslip, no collateral, no credit file required.
No data for lenders
Lenders have no telematics on vehicle health, earnings or repayment capacity. No data means no lending — and the cycle never breaks.
Telematics & AI management
Real-time monitoring of vehicle health, driving behaviour and earnings flags payment risk early — before it becomes a default.
No charging confidence
Near-absent public fast charging makes drivers hesitate to switch from petrol — even though home charging already covers daily use.
A growing charging network
120kW DC + 22kW AC fast chargers going in at key hubs, plus a 16kWh battery that covers a full day on an overnight home charge.
Gender barriers
Women are passed over for vehicle finance — on credit history and on family safety concerns. Ownership stays a male-dominated path.
Ownership at lease end
At the end of the lease the driver owns the vehicle outright. All Year-1 leases prioritise women and youth under 35 — the groups most excluded from finance.
