The Mobility House Invests in Innovative EV Fleet Business Models

The Mobility House introduces turnkey Charging as a Service option for electric fleets

BELMONT, Calif. – The Mobility House today announced the addition of Bryan Thomas to the company’s growing team through the acquisition of Charge Theory, a provider of managed electric fleet charging services at a guaranteed price-per-mile. The combination of The Mobility House’s decade-plus experience with smart charging worldwide and Charge Theory’s pioneering Charging as a Service (CaaS) model creates a complete, world-class turnkey charging solution for electrifying fleets – from school and transit buses to last-mile delivery.

Thomas will lead Business Model Innovation in the U.S. ​​to develop products, services and partnerships that address the financial and operational hurdles fleet operators encounter in their electric vehicle transition.

The Mobility House can now provide the installation and operation of all necessary charging equipment and infrastructure to support an electric fleet’s operation with guaranteed uptime of the charging system, with no upfront cost. Charging as a Service from The Mobility House turns a multimillion-dollar investment in charging infrastructure into a pennies per mile driven fee, and most importantly, avoids the hassle of managing charging equipment installation or operation. For example, a global logistics fleet’s $1.7M dollar charging infrastructure investment becomes a <$0.10 fee for each mile driven.

“We are delighted to bring such expertise in charging service business models onto the U.S. team to help deliver what the market is desiring: turnkey solutions that make fleet electrification simple,” said The Mobility House U.S. Managing Director Greg Hintler. “With this expanded solution offering, The Mobility House is accelerating efforts to offer new charging service options alongside our existing partners to help any fleet achieve bold carbon emission reduction goals.”

Charge Theory was an early pioneer of electric vehicle charging solutions for commercial fleets, mitigating the operational risks related to EV charging by providing charging for commercial fleets without any upfront cost. This helped establish an entirely new managed charging business model in which fleet operators could rapidly deploy fleet charging with a usage-based fee. Thomas, a serial entrepreneur and third-time CEO, spent a decade in the renewable energy industry before founding Charge Theory, where he applied his key learnings from transformative solar services to the EV space.

Thomas commented, “In seeking ways to accelerate the adoption of EVs in the U.S., we were inspired by past experiences with commercial solar in which we helped solve similar pain points, such as operational risks, financing gaps, and steep learning curves. Marrying concepts from these two worlds enabled us to show customers it was possible to park their diesel vehicle on a Friday and drive electric on Monday without changing anything about their business.”

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