[UPDATED 11 JUNE 2022] The technology behind Edison2’s Very Light Car (VLC) is now in development for commercialization by E2 Mobility, Inc. (E2). E2 aims to dramatically improve the economics of mobility services by lowering vehicle costs-per-mile for operators, while simultaneously increasing revenue potential by providing access to a digital platform connected to the smart mobility ecosystem. E2 will build its Smart Mobility Vehicle (SMV) with globally renowned partners, including partnerships for platform licensing, prototype development, and application design. E2 plans to start production in 2024, with projections to deploy a fleet of ~1 million SMVs in the United States by 2030.

About E2 Mobility

E2 Mobility, Inc., was founded by Theodoros Papaspyridis to provide a solution for the new era of smart mobility, leveraging his decades of experience in the international automotive industry to deliver the innovations made possible by the ultra-efficient design of the X Prize-winning Edison2 Very Light Car. Its purpose-built smart mobility vehicle for the movement of passengers and cargo helps operators to increase profits. The integrated software platform with its mobile app connects MaaS operators to diverse revenue opportunities. E2 aims to be an all-inclusive smart mobility solutions company by providing an E2 ecosystem and selling mobility by the mile.

For more information, visit www.e2mobility.us