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ev Transportation Services Inc. (“evTS”) is a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions.
Founded in 2015 in Brookline, Massachusetts, and currently based in Boston, the company is focused on the essential transportation services market. End-user applications for evTS vehicles include services such as security, parking enforcement, local small package delivery, meter reading, sanitation, parks and recreation, university and corporate campuses, and warehouse
operations.
Investment Considerations:
- evTS provides a versatile, purpose built, all-electric light duty utility vehicle, the Firefly ESV, that can be customized for various service industry applications.
- Its durable modular design, agility and long-lasting battery make it an ideal vehicle for a wide range of tasks and operations in sectors such as parking enforcement, security, building maintenance, last-mile urban delivery and more.
- The 2021 FireFly ESV model has been updated with enhanced features, including the proprietary evTS Connected Vehicle System.
- ADOMANI Inc., a provider of zero-emission electric vehicles, signed a letter of intent earlier in 2020 to purchase and distribute the FireFly ESV.
- The management team for evTS is comprised of individuals who have extensive experience in the electric vehicle, automotive distribution, software and engineering industries.
- The global electric vehicle market is projected to reach $820.81 billion by 2027, up from a recorded $162.34 billion in 2019.
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