Project Summary

Proof of concept for an all inclusive electric vehicle subscription platform

Project Achievements

Nova Drive Limited used the T-TRIG funding to develop the first version of the elmo platform. This includes a full vehicle subscription platform with billing, fleet management, and user account tools. It also included integration with a number of partners to deliver a ‘Total Cost of Ownership’ vehicle solution. This was used to pilot the product with a small volume of vehicles for elmo’s soft launch.

Conclusions

Nova Drive Limited were successful in delivering a fully functioning electric vehicle subscription platform. By the end of the project, 11 customers had received a car on completely flexible contracts all managed through the elmo software. This included integration with So Energy so that user’s home charging was paid for through their vehicle subscription – we believe this is a world first. The one key objective not met was providing an all-inclusive subscription product. A number of partnerships were finalised during the product to provide vehicle supply, home energy, home charge point, and public charging access but including insurance in the product was not possible. This was due to the early nature of the business and lack of volume not allowing competitive prices to be achieved. The elmo platform is now in a very good position to scale the service to achieve its mission of enabling 10,000 drivers to go electric.