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Local business set to boost global electric vehicle sales!

Local business set to boost global electric vehicle sales!

Another important voting result took place on June 23rd when CleanCar won joint winner Award in the Startup pitch competition, Pitchfest during the West Midlands ‘Venturefest’ Investment event at the NEC, Birmingham. Over 1000 investors based in the West Midlands attended the Ventuerefest event last week at the NEC, Birmingham on the 23rd of June where over 70 innovative West Midlands based Startup’s pitched to a leading panel of Judges that included Justin Urquhart Stewart from Seven Investment Management and a regular financial media pundit on TV, radio and in the Press. The Dragon’s Den style presentations were time limited and the presenters were put through their paces by the experienced judging panel. CleanCar won its heat outright and went on to be named as the top 3 entrants together with Interpac and Fixers. Alex Baker CEO at CleanCar said “this year so far has been amazing as we have won two awards; this and the best newcomer at the Fleet Finance Awards in April in London plus we are in the finals of the European wide grant funding programme, Horizon 2020. This all bodes well for our crowd funding, which begins in early July where we are raising £300k to help us expand internationally”. CleanCar is a UK developed tech solution that accurately informs motorists and fleet operators, based on their own ‘real world’ driving data, if going electric or hybrid is suitable for their transport needs and is a sound financial decision, or not! The CleanCar platform and its dashboard reporting provides recommendations and suitability ratings for the most appropriate vehicle type that matches the ‘fit for purpose’ transport profile. CleanCar delivers a complete Total Cost of Ownership analysis to properly and accurately inform the investment for the consumer as well as Fleet operators who buy over 2m new vehicles every year in the UK.  ‘Real world’ drive data is measured by a self-fit GPS device that uses the 12v power socket, (previously know as a cigarette lighter!), and a regular driving profile is then collected and analyzed. Reports are securely accessed on CleanCar’s platform by the driver or Fleet management where C02 emission reductions are also calculated based on mileage totals.  Backgrounder Recent surveys by DECC showed that 69% of new car purchasers last year did not even consider the electric or hybrid vehicle option due to lack of accurate advice and comparative data to make what is, for most folks, the second biggest financial decision after buying a Home.  CO2 emissions reduction CleanCar predicts its solution will result in over 10m tonnes of CO2 emission reductions globally over next 4 years by informing Car Fleets on the switch to electric and hybrid usage.