Update
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 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?"
Whats next?
The next phase is to prove the basics of the MPA idea by putting it into the marketplace.
We are working with companies to field MPAs for consumers and fleets.
We are recruiting investors to provide project financing for companies that field MPAs.
We are interested in going deeper on the climate and policy implications.
What was the contest about?
We ran a contest to get to product-market fit on the MPA idea. The top winner of the contest was Flux EV
Read more on this website for details on other contestants and background on the contest.
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.