Ecov

PROJECT

Ecov deploys networks of car-sharing routes based on vehicle flows rather than individual drivers, turning cars into public transport. This solution offers an effective transport alternative in suburban or sparsely populated areas, with pick-up times averaging 4 minutes.

LOCATION

France

SECTOR

Transport and sustainable mobility

PARTNERS

Banque des territoires, BNP Paribas, MAIF Impact

SIZE OF THE INVESTMENT

Total size of the fundraising amounts to €12 million.

 CALENDAR

Closing took place in March 2023

 EXPECTED IMPACTS 

• Ecov’s environmental impact is both direct (journeys avoided) and indirect (demotorisation), all without the need to deploy additional infrastructure or equipment.
• By offering a cost-effective transport solution, Ecov provides access to collective mobility in areas that currently have none.
• The solution also enables significant reductions in daily transport budgets: up to 80% for passengers and 40% for drivers.
• Ecov has also been granted the “mission company” label.