Zed Motors provides electric mobility assets—such as electric motorcycles and scooters—to gig‑economy workers, enabling them to earn income while delivering zero‑emission transport services. The company finances and manages these assets, generating recurring lease revenues for investors and offering a turnkey solution for drivers who lack upfront capital. Revenue is derived from asset leasing fees, usage-based charges, and ancillary services like maintenance and charging infrastructure.
Funding
Funding not disclosed
Founders
Product
Problem
Last-mile gig workers, such as taxi and delivery drivers, often lack convenient and affordable access to electric vehicle (EV) charging infrastructure. This limits their ability to utilize EVs, hindering the adoption of sustainable transportation options in this sector.
Solution
Zed Motors offers a digital payment platform that provides last-mile gig workers with easy access to EV charging. By streamlining the payment process and connecting drivers with available charging stations, Zed Motors facilitates the adoption of electric vehicles in the gig economy. The platform aims to simplify the charging experience, making it more accessible and convenient for drivers to switch to electric mobility.
Target Audience
The primary target audience is last-mile gig workers, including taxi and delivery drivers, who are looking for convenient and affordable EV charging solutions.
Features
- Digital payment platform for EV charging
- Streamlined access to charging stations for gig workers
- Facilitates the adoption of electric vehicles