David Solomont, founder and chief executive officer of ev Transportation Services Inc. (“evTS”), has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), financial news and content distribution company, and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Solomont gave an overview of evTS, the company’s outlook for the coming 12 months, and his view on the future of the electric vehicle space.
Founded in 2015 and based in Boston, ev Transportation Services Inc. (“evTS”) develops and manufactures purpose-built, all-electric light-duty commercial vehicles and fleet management solutions. The company is focused on producing vehicles that meet the needs of the essential services transportation and urban mobility markets. The company’s flagship product is the FireFly ESV(R), a low-maintenance, high-performance, lightweight electric utility vehicle specifically designed to meet the needs of essential services users. The FireFly ESV utilizes the safest Lithium-Ion battery technology available (LiFePO4, Lithium Iron Phosphate) for superior acceleration, improved energy efficiency, and enhanced reliability. As a result, it boasts a range of 100+ miles on a single charge, further than any other electric vehicle in its class.
As Mr. Solomont stated in his interview, evTS was able to continue moving forward during 2020 despite the business challenges of the past year. He expects 2021 to be a profitable year for the company, which is already delivering demo vehicles to its dealers.
“Dealers are incredibly important because they’re the ones who have the tightest relationships with customers and prospects. By the end of the first quarter, we want to expand our dealer network from four dealers to eight, all carefully chosen,” he said. “We also plan to launch our evTaaS program – ev Transportation as a Service – to the on-demand, last-mile urban delivery market. And we expect to begin assembly and distribution in our first overseas market, most likely the UK.”
David Solomont closed with his outlook for the future of the electric vehicle sector, which he described as still at the inception stage. He forecast that a tipping point in terms of consumer acceptance is on the horizon, but probably is still a few years away.
You can listen to the full interview with evTS founder and CEO David Solomont here.