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Zoom's mission is to be the leading Mobility as a Service and (MaaS) provider, bringing together the growing Electric Vehicle (EV) and Sharing economies in order to combat climate change. Zoom's services include an EV sharing platform, dedicated EV insurance and a money saving EV Driver Benefits Bundle.

  • EV market set to grow 14x by 2030 and sharing economy 20x by 2025
  • Zoom's ecosystem of 3 services offers multiple revenue streams
  • Highly experienced team of e-mobility, energy and finance specialists
  • Partnerships - BP Chargemaster, SSE, Jardine Motors, EO Charging, Q-Park

Idea

Zoom EV offers an opportunity to enter 2 new high-growth markets. Electric Vehicles (EV) are expected to account for 57% of new car sales by 2040 and the UK sharing economy is set to see a 20 fold increase to £140bn by 2025.

Zoom was formed in 2018 to leverage these markets and play a leading role in reducing CO2 emissions from transportation.

We have developed the following electric mobility services:

- An EV sharing platform connecting asset owners to users, enabling idle vehicles to be used more effectively and generate revenues (statistically vehicles sit idle ~95% of the time)

- An EV Benefits Bundle for drivers, offering discounts on public charging, nationwide parking, home charging and green energy

- Dedicated EV insurance delivered by trained broker staff, aiding customers in their electric journey

We connect customers from one service offering to the other, creating Zoom's electric ecosystem. We have already connected customers between each of our services.

Partnerships are in place with; BP Chargemaster, Engenie, Plugsurfing, Q-Park, EO Charging, SSE and Tonik Energy. Contracts are in place with major auto-dealers/ leasing companies including Jardine Motors Group.

Zoom is raising funds to scale the business by accelerating marketing activity in core areas, employing sales personnel to target the EV sales / leasing sector and building an app.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Zoom EV has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.