While the EV boom has been growing for years, 2021 could be the year electric starts to take over everything.
And it could happen much sooner than most people realize, as some of the biggest names are already hopping on board.
Amazon has already started making deliveries with electric vans in Los Angeles, as they’ve agreed to purchase 100,000 vans from EV startup, Rivian.
The United States Postal Service just signed a 10-year, multi-billion dollar contract with Oshkosh Defense to produce thousands of electric mail trucks.
And United Airlines just placed an incredible $1 billion order with EV manufacturer, Archer, for a fleet of electric air taxis.
Legacy automakers are all making the shift too, rolling out their line of electric vehicles one by one.
Ford is set to double their investment in EVs to $22 billion, and they’re planning to release their electric version of the Mustang and the F-150, the most popular vehicle in the U.S.
Volkswagen is calling their 2021 electric crossover, the ID.4, “the most important new Volkswagen debut since the Beetle.”
And General Motors has even announced they’ll stop making gas-powered vehicles altogether by 2035.
Now, Biden has even announced plans to transition all government fleet vehicles to EVs.
This electric revolution has already led to monster gains for EV companies throughout 2020.
The EV van startup, Workhorse, saw gains of over 551%…
Tesla’s shares shot up a massive 740%…
And Blink Charging soared for incredible 1,740% gains last year.
Now, many investors are looking ahead for the next big thing in the EV markets.
And one Canadian company in EV related business has seen its momentum building steadily over the last year.
Facedrive (TSXV:FD,OTC:FDVRF) has been acquiring key pieces left and right, adding them to their electric ecosystem alongside their signature ridesharing service.
With these acquisitions, they’ve brought the EV boom into food delivery, car subscriptions, and more.
And now that Facedrive has announced a major government investment in their technology, their business could be set to take off in 2021.
Here are 3 reasons why you should be paying attention to Facedrive:
1 – Bringing EVs to the Gig Economy
Many of the biggest EV stories of late have come from either the automakers rolling out new models or companies working on building out the infrastructure…
But Facedrive is taking a different approach.
Instead, they’re using the cars those automakers have already made and turning them into an entire EV-related ecosystem.
So just like Uber has built their $96 billion business off leveraging cars they never manufactured, bought, or sold…
Facedrive connects customers looking to hail a ride, providing an eco-friendly solution.
Their model is simple.
When customers request a ride, they get their pick between riding to their destination in a standard gas-powered car, a hybrid or an electric vehicle (for no extra charge to them).
Then Facedrive’s algorithm crunches the numbers, setting aside a portion