EVware is committed to benefit people and the planet
EVware is committed to benefit people and the planet.
We have aligned our ESG and sustainability aims to be inline with the European Commission’s “2030 climate & energy framework” to reduce greenhouse gas emissions, and the United Nations “Sustainable Development Goals” (SDG) 9, 11 and 13:
- Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation
- Make cities and human settlements inclusive, safe, resilient and sustainable
- Take urgent action to combat climate change and its impacts
We do this through the four principles outlined in this statement.
The pressures for decarbonisation - why mobility?
EVware is born into a time where huge global pressures for the decarbonisation of our planet is igniting innovation across many industries. The importance of addressing this within the transport sector is vital; as it accounts for 16.2% of carbon emissions globally, only second to the emissions from energy use in industry at 24.2%1. Within emissions from transport; road transport specifically; is the greatest culprit, accounting for 73% of the carbon emissions from this sector. This provides the obvious rationale as to why legislation driving carbon emission reduction is rife and why innovation and the manufacture of new; low-carbon road vehicle types is exploding.
The transport sector needs to move fast, because it’s already falling behind…
Globally, carbon emissions from transportation (road, shipping, aviation and rail) have grown 1/3rd since 20202.
With the number of new mobility manufacturers booming in response to this, new entrants into the mobility market are struggling to access to technologies which are now expected by vehicle operators, owners and users. Most suppliers in this industry have been built to serve huge annual volumes and as a result have become large companies that are slow to innovate.
🎯 Principle 1 - Access to technology
By providing new mobility providers with access to technology, we help them to bring relevant and compelling products to market faster. This directly assists these new mobility manufacturers in the electrification of the sector, more effective logistics, happier and safer riders and the reduction of carbon emissions. In turn, helping to meet countries legal targets and slow climate change.
Better for the planet, better for the people
Riders love micromobility! Research carried out in New York City showed that comparing travel on a bike to a taxi, the average speed of a bike can be up to twice as fast (saving time) and be around a 1/10th of the cost (saving money)5.
It almost goes without saying that people want to get places faster and cheaper, and of course logistic companies want to achieve this too when moving goods. But research into the physical and mental health benefits of new transport modes are also starting to emerge, producing further stimulus in the adoption of micromobility.
Road safety, across all vehicle types, both large and small as well as the impact on vulnerable road users (VRUs) are the subject of a rapidly changing regulatory and legislative landscape across the globe. EVware is focused on understanding these requirements and building products that help our customers meet and exceed these targets, in turn producing best-in-class vehicles that go above and beyond in making new modes of transport as safe as possible.
🎯 Principle 2 - Technology fit for purpose
By making products that are suitable for a wide range of use cases across b2b and b2c applications, EVware makes micromobility more appealing, accessible and safer. Partnerships with value-add technologies that offer incident and accident detection, and operator monitoring and training are an essential part of the EVware ecosystem.
Evolving business models
The way consumers and businesses get access to mobility has been changing for many years - we only need to take a look at the rise of ride-sharing services like Uber and Lyft. And new forms of mobility are on the rise.
Ownership of e-bikes between 2022 and 2025 is expected to increase by 13% CAGR, whilst ownership of cars is expected to decline by -2% CAGR.
And the business models are changing too. With 57% of vehicles purchased on a lease or subscription basis in 2020, compared to 84% predicted by 20304, EVware’s commercial model is much better aligned to manufacturers who are moving from cap-ex intensive organisations to op-ex based business models.
🎯 Principle 3 - Appropriate commercial model
EVware provides hardware and software through a “Platform as a Service” business model, where our customers can innovate, productionise and build new vehicle models faster. A more appropriate commercial and financial model is better suited for new OEMs, allowing them to benefit from lower initial costs that scale in line with production.
Sustainable manufacturing and operational practices
With a subscription based platform approach where EVware retains ownership of the hardware assets, it is important to us to ensure that hardware units can be refurbished or recycled for parts when they reach end of life. EVware is working closely with our manufacturing partners to ensure that we are using sustainable materials and modern manufacturing processes to reduce waste and energy requirements wherever possible, as well as designing parts to be easily disassembled and recycled.
EVware has opted-in to use low-carbon data centres from Amazon Web Services, lowering our GHG scope 2 and 3 emissions as far as possible.
🎯 Principle 4 - Sustainable practices
EVware is committed to sustainable manufacturing processes and materials with plans in place to refurbish or recycle hardware units at end of life. Our cloud software uses low-carbon data centres with energy provided from renewable sources and a target to reach 100% renewable energy by 20256
 Statista 2022; McKinsey 2020
[2, 3] UP Partners, The Moving World vol 2 ****
 Statista 2022; McKinsey 2020
 Micromobility Industries Handbook
 “Sustainability in the Cloud”, Amazon.com
Tom Fisk / Plexel: https://www.pexels.com/photo/green-forest-2739664/