EVELOZCITY is manufacturing modern electric cars, affordable and high featured to overcome the traffic and pollution problems of big cities.
What's the Innovation?
The design of cars hasn't evolved in 100 years. With electric vehicles, there is no need for a "three box design" which has the engine up front, the passengers in the middle and luggage in the back. EVELOZCITY is breaking away from traditional vehicle design and will develop practical approach to car development.
Problem to be Addressed:
Cities have too much traffic congestion and pollution. EVELOZCITY is developing affordable electric vehicles to serve three main use cases - commuting, ride hailing and package delivery.
Story of Formation:
Stefan Krause, Richard Kim & Ulrich Kranz worked together at Faraday Future and saw the opportunity to create affordable electric vehicles. Most EV startups are focusing on electric sports cars but there is a need for more affordable options that are also technically advanced.
Goal and Mission:
To create new vehicles concepts that address the problems of big cities.