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UFODRIVE, a rising star of Advanced Mobility, raising £1.5m to drive further expansion

UFODRIVE, a rising star of Advanced Mobility, raising £1.5m to drive further expansion

Travel is undergoing a fundamental shift. By 2030, the UK and a host of other counties will deliver on their commitment to ban sales of new diesel and petrol cars. The impact of this can already be seen now in the surging sales of electric vehicles with further disruption (and opportunity) in evidence right across the Mobility sector.

UFODRIVE, is one of the front runners in embracing the new world of Mobility. Capitalizing on both the shift away from the traditional model of car ownership, with many city dwellers now opting not to own a car, as well as the shift to electric, it was a first mover in developing a compelling alternative proposition, primed for rapid acceptance as part of the electric revolution.

Launched in 2018, UFODRIVE delivers 100% digital, 100% electric, zero hassle car rental. It provides a truly customer focused experience by removing all of the pain points from traditional car rental. The full booking and rental process is managed via the UFODRIVE app allowing customers to reserve and drive, efficiently, autonomously, and without the need to queue at a desk. With an entirely electric (primarily Tesla) fleet, added to an industry first carbon credits-based loyalty programme, UFODRIVE has already delivered Co2 savings of over 1 million kgs.

Now operating from 17 locations across 8 countries, UFODRIVE’s model of radically better car rental is proving to be a hit with travelers. Feedback from customers earns UFODRIVE the highest Net Promoter Score of car rental anywhere. It’s also proven to be resilient in the face of challenging business conditions by growing its business by 108% during 2020. 

UFODRIVE is currently crowdfunding on Seedrs.com with its target of £1.5m already reached at the halfway stage of the campaign which is likely to be extended given the high demand. Speaking about the campaign, founder and CEO, Aidan McClean, said “it has been both gratifying and exciting to see this vision become reality and we are now looking to jump start the next phase of our business with this crowdfunding initiative. UFODRIVE investors can look forward to benefitting from the expansion of a business that has already successfully created its own unique space in the car rental sector.”

A key component of UFODRIVE’s customer proposition is the real time connectivity to over 140,000 EV chargers. This allows customers to be guided to charging locations via the app at any stage during their journey and has been particularly welcomed by the more than 70% of customers who had never driven electric previously.

The powerful technology behind UFODRIVE’s fleet operations is also being deployed as an end-to-end EV Mobility Software as a Service platform. This is currently being rolled out to a growing pipeline of fleet operators making the switch to electric. The first customers are already live, and demand is expected to increase further as more operators start to move away from traditional diesel fleets.

Over 500 Seedrs investors have joined UFODRIVE to help fuel a move towards a better solution for customers and the planet. With further expansion coming during 2021, UFODRIVE has global ambitions, highly efficient technology developed on real EV fleet experience, and a vision for sustainable, hassle-free mobility.

To find out more about UFODRIVE, visit the campaign now.

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