1 E-CAR MISSION “To improve local mobility whilst reducing both the emissions level and cost of...

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1

E-CAR MISSION

“To improve local

mobility whilst reducing both the

emissions level and cost of each journey

undertaken”

E-CAR - THE ELECTRIC VEHICLE CAR CLUB

Andrew WordsworthCo-Founder

CASE STUDIES

University of Hertfordshire- Mixed use: Staff/Faculty and Students- Partner aim: To reduce staff and student

dependence on car ownership

Poplar HARCA- Mixed use: Housing Association Staff and

Residents- Partner aim: To reduce transport poverty

Luton Borough Council- Mixed use: Council Employees, Micro

Businesses and Residents- Partner aim: Improved air quality and town

centre mobility

3 Car Pilot10+ Potential

4 Car Pilot20+ Potential

2 Car Pilot8+ Potential

PROGRESS TO DATE

3

Total Pre-launch

Jul- Sept

Oct- Dec

Jan- Mar

Apr- Jun

Jul- Sept

Oct- Dec

Jan- Mar

Equity £385k

Grant £209k £24k(TSB)

£100k (TSB)

£85k (TSB)

20132012

£70k (Founders)

£100k (Crowdfunding)

£215k (Angel)

£500k

(Early Stage)

• £385k in seed investment and £209k in non-dilutive funding secured to end-2103

• Operational systems integrated and tested, proprietary scheduling model under development

• Over 2000 member journeys completed

• 20 cars operating

• Pipeline of 30-50 new locations

THE E-CAR CLUB TEAM

4

SUPPORTED BY

E-CAR MANAGEMENT

Executive Chairman:Andrew Wordsworth

Managing Director:Chris Morris

Non-Exec Director:Paul McLoughlin

Operations Manager:Richard Riley

STRATEGIC ADVANTAGE

5

“E-Car Club is a scheme that kills three birds with one stone - congestion, cost and carbon. The environmental case for going electric is widely understood, but I wasn’t expecting the vehicles to be as sophisticated and refined as they are. Over the next few years, we have to make them even more commercially attractive to potential customers. So it’s inspiring to see a business like E-Car Club, which was only set up a couple of years ago, doing so much to promote ultra-low emission vehicles.”

Baroness Kramer, Minister of State for Transport, Poplar Launch

“May I personally congratulate you and the team involved in this highly innovative first for London, which directly contributes to the delivery of many of my priorities: improving London’s air quality and quality of life, London being the electric vehicle capital of Europe, and enabling Londoners to access new jobs and opportunities.”

Boris Johnson, Mayor of London, October 2013