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Published byHarold Flowers Modified over 9 years ago
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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 Wordsworth Co-Founder
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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 Pilot 10+ Potential 3 Car Pilot 10+ Potential 4 Car Pilot 20+ Potential 4 Car Pilot 20+ Potential 2 Car Pilot 8+ Potential 2 Car Pilot 8+ Potential
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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
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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
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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
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