ONE MOTO UK, to decarbonise the UKs last-mile with £123,000,000 financing.

ONE MOTO an impact-driven, multi-award-winning EV player who are building a HardTech meets FinTech EV ecosystem with presence across five continents, specialising in last mile electric vehicles for commercial and private use have secured a capitalisation of £123,000,000 to finance vehicles across the UK to pioneer the decarbonisation of the UKs last-mile, delivery and gig economy industry.

Signing an unprecedented deal with a leading financier in London, ONE MOTO are offering finance to fleet operators to expand an electric delivery fleet from just £3 per day.

“This is monumental in our expansion road map pan-Europe. With the support of the finance deal we’re expecting to deploy up to 30,000 across the UK in H1 2023. This harnesses our conversations with UK Trade & Investment (UKTI) to open the first European assembly plant.

With 12 months of conversations supporting this announcement, ONE MOTO are supporting leading last-mile food delivery platforms, independent outlets and enhancing the rider welfare through data-rich AI to optimise routes, zones and pay.” States Adam Ridgway, CEO, ONE MOTO Technologies.

“The ecosystem foundations to decarbonise the UKs delivery network are set. We’ve spoken to many leading delivery operators who needed a cost-effective, sustainable option and after many trials we’ve secured roll out plans with several leaders. Replacing a traditional petrol fleet shouldn’t happen overnight…