SG Fleet has become a strategic investor in e-bike company Zoomo which will allow organisations to easily access e-bikes as a mobility solution to support the existing vehicle fleet. The investment supports Zoomo’s mission to put more light electric vehicles on our roads.
Globally Fleet Managers are asking suppliers about mobility options to reduce the number of car trips. The trend is being driven by sustainability targets and the improvement in the technology connected to light electric vehicles which is increasing their attractiveness as a mobility option for businesses.
In the announcement, Robbie Blau, CEO, SG Fleet, said, “This is an important investment for SG Fleet. We’re excited to work collaboratively with Zoomo in this arena that will allow us to deliver light electric vehicles as a viable, sustainable mobility alternative to enhance our customers’ fleets.”
Mina Nada, Co-Founder and CEO, Zoomo, said, “We are proud to partner with a leading Australian company like SG Fleet to help consumers and enterprises reduce the environmental impact of their transport.
“Light electric vehicles are the heart of our business and offer transformative growth. Our expertise in this space builds a strong platform for SG Fleet’s customer offering. We see immense potential in offering SG Fleet’s customers access to cleaner, more commercially viable solutions for last-mile delivery.”
Expanded Customer Network and Offering
The partnership with Zoomo and SG Fleet will enable fleets to expand and electrify in the parcel delivery segment.
Specifically, Zoomo and SG Fleet are partnering on a go-to-market strategy that will see Zoomo e-bikes offered to SG Fleet’s existing customer base to further broaden its range of electric solutions. This is particularly appealing to customers seeking more sustainable, commercially viable solutions for increasingly critical last-mile deliveries.
Lincoln De Kalb, Group Product Development Manager, Future Mobility, SG Fleet, explained, “Light electric vehicles are another tool companies can use on their path to reducing their transport carbon emissions. It doesn’t always make sense to use a 1.5t vehicle for a particular journey if other cheaper and less carbon-intensive alternatives are available, such as e-bikes.”
Furthermore, the partnership offers collaborative R&D opportunities for both parties. Zoomo will gain insights into fleet management knowledge and processes, while SG Fleet will benefit from Zoomo’s expertise in e-bike management and access to their network of maintenance suppliers.
With over 30 years of industry-leading experience, SG Fleet boasts an impressive customer base, including Government, Corporate and University Campus customers.
Through the partnership, SG Fleet will enable Zoomo to offer its fleet of e-bikes via novated leasing or salary packaging schemes. These financial arrangements deduct lease payments for a vehicle from pre-tax salaries to provide a significant tax benefit to employees of participating companies.
By entering this highly attractive market, Zoomo further makes e-bikes more accessible to all.