driveit GmbH
Entry last updated on August 19, 2024

In Germany, over 550,000 electric vehicles (EVs) will return from leases by 2025. The problem: There is a lack of demand for used electric vehicles. In this context, leasing banks park their returned vehicles in logistics centers, which leads to wasted resources and high costs for storing the assets. But they lack the options.

At the same time, ESG obligations in particular are placing increasing demands on companies across all industries. For this reason, companies are increasingly looking for mobility solutions that are environmentally friendly while also delivering an ROI.

On the one hand, there are unused electric vehicles and, on the other hand, there is a growing demand from companies for sustainable mobility solutions.

Driveit is purposefully bringing these used electric vehicles back into circulation through flexible car subscriptions for B2B customers. In this way, we reduce CO2 emissions by avoiding the production of new vehicles, conserve rare earths, and are up to 50% more advantageous than new car solutions in ESG reporting.

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2

Founders

2024

Founding year

Startup stage

Stage

Founder The founders founded driveit out of their shared passion for cars, having both frequently had negative experiences with the car market in the form of leasing, purchasing, and renting. They also share a vision of making a real impact in the mobility world, particularly to prepare fleet mobility for the future. In terms of experience, the team draws on expertise from the key sectors of online used car trading, rental business, and (digital) subscription services.

Company location

driveit GmbH
Schedelstrasse 4
80687 Munich

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