Forum Mobility offers an electric-trucking-as-a-service model, bundling Class 8 electric semitruck leases with guaranteed access to high-speed DC charging depots near major ports. This subscription service removes the high capital barrier for drayage carriers transitioning to zero-emission operations by integrating vehicles and necessary charging infrastructure.
Funding
$22.5M 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.
CIEIOVFounders
Product
Problem
Drayage fleets serving major U.S. ports must replace diesel trucks with zero‑emission vehicles to meet tightening environmental regulations and sustainability commitments. The high capital cost of Class 8 electric trucks and the scarcity of dedicated, high‑power charging infrastructure make the transition financially and operationally difficult.
Solution
Forum Mobility provides an “electric‑trucking‑as‑a‑service” model that bundles access to electric semitrucks with a network of purpose‑built charging depots. Customers pay a fixed monthly fee that includes the lease of electric trucks from manufacturers such as BYD, Kenworth and Volvo, as well as guaranteed access to high‑speed DC chargers located at ports and key freight corridors. The company also operates on‑site support staff, a software platform for fleet tracking, and flexible subscription plans (24/7 access, scheduled windows, fast‑pass) to match varied drayage schedules. By delivering both vehicles and charging infrastructure together, Forum removes the upfront capital barrier and simplifies operations for carriers seeking zero‑emission compliance.
Target Audience
Primary customers are drayage carriers and owner‑operators that move containers between major West Coast ports (Long Beach, Los Angeles, Oakland) and inland distribution centers, as well as freight companies seeking to meet zero‑emission mandates.
Features
- Lease of electric Class 8 trucks from BYD, Kenworth and Volvo under a fixed‑monthly fee model.
- High‑speed DC charging depots (e.g., FM Harbor with 9 MW capacity and 44 fast‑charging dispensers) positioned at Long Beach, Los Angeles and Oakland ports.
- On‑site depot staff providing real‑time support, maintenance assistance and safety oversight.
- Flexible subscription options: 24/7 charger access, daily scheduled windows, and “fast‑pass” on‑the‑go charging.
- Integrated fleet‑management software for monitoring vehicle performance, charging status and utilization.
- Class 8 electric truck leasing at competitive rates, with programs to achieve total‑cost‑of‑ownership parity with diesel.
- Comprehensive service hub design that includes secure parking, driver amenities and rapid turnaround capabilities.