This company provides comprehensive, end-to-end fleet electrification solutions encompassing vehicles, charging infrastructure, and operational support. They bundle these services into a single, predictable monthly payment to simplify the transition for commercial fleets. The service aims to reduce upfront capital expenditure and manage the complexities of EV deployment, maintenance, and incentive navigation.
Funding
$28M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Commercial fleets face challenges in transitioning to electric vehicles, including high upfront costs, complex infrastructure requirements, and a lack of expertise in managing electric vehicle operations. This transition also requires navigating evolving environmental regulations and shipper requirements.
Solution
7 Gen provides a comprehensive electric vehicle fleet solution, offering vehicle leasing, charging infrastructure, and ongoing support, all within a single monthly payment. The company streamlines the electrification process for commercial fleets by handling expert analysis, infrastructure setup, and continuous operational support. 7 Gen assists fleets in selecting the optimal EVs and charging solutions tailored to their specific routes, balancing cost-effectiveness and performance. By offering flexible financing options, access to carbon credits, and available incentives, 7 Gen reduces the initial investment needed for fleet electrification.
Target Audience
7 Gen primarily targets commercial fleet managers seeking to transition from fossil fuel vehicles to electric vehicles.
Features
- Complete fleet electrification solutions including vehicle leasing, charging infrastructure, and operational support.
- Expert analysis to determine the ideal EVs and charging solutions based on fleet routes and operational needs.
- Flexible financing options, carbon credit utilization, and incentive procurement to minimize upfront costs.
- Management of infrastructure design, scaling, and ongoing support for confident deployment.
- Lease-to-own options for converting to OPEX and asset ownership at the end of the term.