Electric carsharing fleet management leader Louélec is receiving $3 million in funding from Desjardins to support its growth. The money will allow the company to roll out its plan to acquire 400 new EVs so it can provide innovative solutions to facilitate access, management and maintenance of business vehicle fleets.
The company is moving forward with its ambitions in the current energy transition context. It successfully deployed over 400 EVs in Montreal and Toronto to allow Uber and taxi drivers to switch to electric transportation at lower cost. The company is now committed to playing a pivotal role in reducing businesses’ carbon footprint.
“Our mission is to cut big cities’ carbon footprint while promoting sustainable driving, by making the energy transition easier for professional drivers and business fleets,” said Léo Bouisson, Co-Founder and CEO of Louélec. “With 400 more vehicles, we can help dozens of companies turn to electric fleets, lowering carbon emissions by more than 3,000 metric tons in 1 year.”
“This funding aligns with Desjardins’s extensive efforts to support the energy transition and sustainable mobility,” explains Jean-Yves Bourgeois, Executive Vice-President of Business Services at Desjardins Group.
“Electric transportation is critical to reducing greenhouse gas emissions. It also opens the door to responsible innovation and economic development for Quebec businesses. Louélec’s ambitions are proof. We’re very proud to have been with them from the start and to be a part of this next stage in their growth.”
Desjardins Group has installed nearly 300 charging stations in the parking lots of financial institutions, credit union branches and office buildings in Quebec and Ontario.
By offering subscription and maintenance solutions specially designed for electric vehicles, the company is actively working to speed up the energy transition and cut CO2 emissions.
Louélec will enable businesses to maximize their energy efficiency thanks to next-level management tools. The goal is to optimize routes and charging cycles, reduce energy consumption and comply with stricter environmental standards.
