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Zevo’s EV-only car-share fleet is helping Tesla owners make money

  • Hebron Sher, inspired by Elon Musk, started Zevo, a peer-to-peer EV car-sharing startup.
  • The Dallas-based Zevo raised $6 million in funding after operating for around 10 months.
  • Zevo focuses on electric vehicles, attracting gig workers for services like Uber and Lyft.
  • Sher claims Zevo has a unique approach to car sharing, offering benefits for both hosts and renters.
  • The company's 'contactless' process simplifies car sharing using EVs and tech integration.
  • Zevo's seamless processes attract gig workers, providing easier access to car rentals.
  • Hosts on Zevo can potentially make back 35-65% of their car's cost in a year.
  • Sher feels confident in Zevo's success with predominantly Tesla vehicles on the platform.
  • While Tesla plans a robotaxi service, Zevo remains focused on disrupting car-sharing.
  • Sher believes there is room for both Zevo and Tesla in the market, with potential growth for all.

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