Invest in SOZ EV
One-stop sales, financing, repower, maintenance, and charging for EV trucks and buses
FIRST GOAL HIT (You can still invest)
$70,600
raised from 17 investors
INVEST
min $100
INVESTMENT TERMS
10% of revenue
3.0X
payback multiple
Revenue Share Loan
SOZ EV will pay investors 10% of revenues each quarter until 100% of your principal is returned plus 200% on top.
Learn more about revenue shares
LEAD INVESTOR
Founder of CAM Ventures, LLC
SOZ EV provides locally based services for the commercial fleet operators that are currently transitioning their diesel-powered vehicles to electric powered engines (EVs). These services include converting to electric, servicing EV trucks, providing electrical parts, EV software support, EV truck sales, leasing, and charging stations for medium-duty EV trucks and buses.
The electrification of freight is coming. Medium-size electric trucks could see a 15x increase by 2025 as favorable operating economics drive adoption. Relative to traditional diesel-powered trucks, electric trucks offer several benefits including, reduced fuel costs, lower maintenance costs (given fewer moving parts to service), less specialized equipment and labor needs, longer warrantied lifetimes and steadily declining battery costs. Trucks are the largest contributor to greenhouse gas emissions in the transportation sector; the electrification of freight will help reduce greenhouse gas emissions.
SOZ’s market strategy is to make this EV transition as simple and affordable by providing a one-stop, reliable turnkey solution. Initially, SOZ EV will be “re-powering” used diesel-powered aka “internal combustion” trucks because re-powering is less expensive and greener than purchasing a new electric vehicle. This proven, re-powering technology has already been licensed to SOZ EV. Moreover, new medium-duty trucks are not even available currently – so the initial focus on re-powering will establish SOZ’s market presence now. Later, as the new medium-duty EV trucks develop, SOZ EV will be prepared to expand it’s business model to cover both used and new EVs. SOZ EV will be well positioned to participate in the rapid growth trajectory in this underserved segment of the EV market. SOZ EV will be adding “green-color” jobs in each service center, with positive environmental impact and economic development.
Reliability is a key service attribute for commercial fleet operators. Commercial operators count on their vehicles for their daily business livelihood. SOZ service centers will be small and strategically located close to commercial operators. Operators can count on SOZ EV to maintain a reliable fleet as they transition to EV. These SOZ EV service centers will be located along major transportation and logistics corridors in the US where many commercial truck operators have their depots. For example, SOZ’s current headquarters is in College Park, MD on the I-95 corridor between Baltimore and Washington DC. SOZ’s first service center is in Kansas City, MO right beside the I-70 and I-435 corridors. SOZ EV’s initial markets will be second-tier cities that are traditionally overlooked by emerging technology service providers.
Finally, there is a lot of hype now about the future of commercial EV trucks and buses. But there is no hype about SOZ EV trucks. They are here now. SOZ EV has a Class 6 truck in service in Kansas City, MO. In addition, SOZ EV has an exclusive license agreement for the re-power (conversion) kits of an extremely popular class 3-4 truck model. These kits will be shipping in early Q3 2022. SOZ will be re-powering its own trucks and its customers’ trucks this fall.