Ecov deploys networks of car-sharing routes based on vehicle flows rather than individual drivers, turning cars into public transport. This solution offers an effective transport alternative in suburban or sparsely populated areas, with pick-up times averaging 4 minutes.
Transport and sustainable mobility
Banque des territoires, BNP Paribas, MAIF Impact
SIZE OF THE INVESTMENT
Total size of the fundraising amounts to €12 million.
Closing took place in March 2023
- Ecov’s environmental impact is both direct (journeys avoided) and indirect (demotorisation), all without the need to deploy additional infrastructure or equipment.
- By offering a cost-effective transport solution, Ecov provides access to collective mobility in areas that currently have none.
- The solution also enables significant reductions in daily transport budgets: up to 80% for passengers and 40% for drivers.
- Ecov has also been granted the “mission company” label.