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Ev Sales On The Rise: London-Based Wevee Raises £5M Funding

Jul 16, 2021•about 4 years ago

Amount Raised

£5 Million

Description

In 2020, many European countries witnessed a double-digit growth rate in the sales of electric vehicles. As a result, the European market captured around 43% of the global EV sales last year, which is higher than 26% in 2019. It is projected that the overall sales of EVs will cross the five million mark by the end of 2025, which accounts for 15% of the overall vehicles.

Company Information

Company

We Vee

About

With this round, the company is now valued at $14 million. One such startup is the WeVee, a London,-based fully-integrated electric vehicle price comparison and leasing platform. We are crossing the UK border and crossing it fast, in a way that no other predecessor in the sector has ever done before.”Michael Perschke is a recognised leader in the automotive industry, including past senior roles at Mercedes, Audi and Mitsubishi said: “WeVee is set to become a real game changer – if we build out the model as we intend to, we will help companies provide easy and cost-effective e-mobility solutions to their employees, as well as tracking and improving their carbon footprint.”