Market Overview

Envoy Technologies Inks New Deployment Partnerships Across California


Community-Based Electric Vehicle Mobility Platform Marks Start of
Second Year with Key Real Estate and Technology Alliances

, a provider of shared, all-electric mobility as an
amenity, today announced its work with seven new real estate and
technology partners, capping a period of substantial growth over 14
months. Since its founding in April 2017, Envoy has grown from just two
electric vehicles deployed at partner sites to more than 30, with a
confirmed pipeline of hundreds more vehicles and thousands of charging
stations in forward-thinking markets across the United States.

Electric vehicles (EVs) in Envoy's community-based fleet are now
available as an on-site amenity for residents and guests at a number of
California apartment complexes, workplaces and hotels, including Equity
Residential's Marina
, Related Real Estate's Argyle
, Hackman Capital's Culver
and the SIXTY
Beverly Hills Hotel

Additionally, Maximus Real Estate's Parkmerced
development in San Francisco will host 16 Envoy vehicles by the end of
. Notably, Argyle House, SIXTY Beverly Hills Hotel and 33
Tehama will host Tesla vehicles, with 33 Tehama housing the platform's
first Tesla Model X. Envoy vehicles will also be available at several
additional to be announced Los Angeles and Bay Area properties.

"Envoy empowers a fully sustainable transportation model that is wholly
community-based. Our rapid growth is a testament to the future of
electric mobility as an amenity and points to exciting developments on
the horizon in the on-demand public transit sector," said Envoy
co-founders Aric Ohana and Ori Sagie. "While we are gaining an early
foothold with luxury apartments and hotels, our true passion is
equitable transportation—over fifty percent of our vehicles will be
deployed in disadvantaged communities in the years to come."

Earlier this year, Envoy secured $1.5M
in grant funding from the California Energy Commission
to deploy a
shared mobility program for disadvantaged communities in the greater
Sacramento metropolitan area and in the Bay Area. The company was also
recently named as a major participant in Electrify
America's Green City initiative
, a $44 million deployment of EV
infrastructure in Sacramento. Envoy's initial rollout will provide 142
vehicles, each with its own EV charger, available across 71 locations
throughout the city.

Envoy vehicles will be integrated with cutting-edge technology from key
partners. All vehicles in the fleet currently feature digital license
plates provided by Reviver
, which allow drivers to easily pay for tolls and parking meters
in select cities. TransitScreen,
a multi-screen transportation display, will offer real-time information
about Envoy branded vehicles and other points of interest.

Envoy recently moved into its new headquarters in the Culver City Arts
District and is quickly expanding its team to meet growing customer

About Envoy Technologies

Envoy Technologies, a Culver City-based provider of turnkey electric
vehicle car-sharing services, offers vehicles where people live, work
and stay (i.e. apartments, student housing, office campuses, co-working
spaces, hotels). Envoy equips real estate owners and operators with a
new and innovative way to enhance the lifestyle of their tenants,
members and guests by providing mobility as an amenity. Learn more at

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