South Africa Transport (including mobility and logistics) Locally-owned

Everlectric

South Africa's leading electric vehicle fleet leasing end-to-end solution. Powering your fleet's future.

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Everlectric

About the Business

Everlectric addresses high emissions and fuel costs in logistics by offering Electric-Vehicle-as-a-Service (EVaaS) for commercial fleets, bundling electric vans, charging infrastructure, maintenance, and fleet management into a monthly subscription. Their impact is measurable: having avoided over 1,700 tons of CO2 and logged 10 million kilometers since inception. Key achievements include securing venture debt funding from the Vumela Fund in 2025 and launching a large-scale fleet for Woolworths. They currently manage over 200 EVs, helping clients achieve a 15% lower total cost of ownership compared to diesel. 

Key Information

Country
South Africa
Sector
Transport (including mobility and logistics)
Key Impact
Locally-owned
CFA Cycle
2022

Funding Opportunity

Funding Required
-
Business Finance
-
Project Finance
-
Funding Received
No
Purpose of Funding
-

Contact Information

Name
Ndia Magadagela
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