make Electric vehicles affordable
We are on a mission kill gas-powered cars.
We do it with financial innovation and technology.
Our first product is the MPA.
Update
Whats New?
In 2021 we secured funding to deploy about 200 vehicles. As we deploy, we are building the platform of legal structures, processes and software to handle hundreds more electric vehicles.
We work with fleet managers who deploy our EVs to consumers. For example, some fleet managers like Flux charge consumers an MPA for use of an EV. Others are power hosts on Turo, Getaround, or Hyrecar. Some fleet managers provide our EVs directly through rental or subscription pricing models.
What is an MPA?
There is a FAQ on this website and a short description on Sunil's blog.
Climate impact of MPAs
We asked, "how big does the MPA idea need to get to have an impact on climate change?"
Background
Spring Free EV reduces electric vehicle costs using a new idea we’ve dubbed a “Mileage Purchase Agreement." Combined with fin tech and smart tax management, we deliver great projected returns to investors and provide affordable EVs to fleet managers.
The project was initiated by Sunil Paul and Spring Ventures in 2019.
What was the contest about?
Stay in touch
Sign up below to be on the mailing list for occasional update. You can also follow Sunil Paul: @sunilpaul on Twitter and linkedin.com/in/sunilpaul on Linkedin.