EV Life

EV Life

EV financing that bundles tax credits, rebates, and home chargers into one low monthly rate, making clean energy more affordable. Learn more

Launch date
Employees
Folsom California (HQ)

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$5.0m

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$8.0m

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EV Life is a digital platform that offers specialized financing solutions for electric vehicles (EVs). The company operates in the automotive finance market, specifically targeting customers looking to purchase EVs. EV Life differentiates itself from traditional auto loans by offering a fast, easy, and online financing process with EV-specific add-ons. The company's business model is centered around providing customers with lower monthly rates than traditional auto loans, maximizing rebates, and bundling home chargers into the financing package.

EV Life's primary revenue stream comes from the interest paid on the loans it provides. The company's unique selling proposition is its ability to offer a hassle-free, dealer-free financing experience that can be completed online in minutes. This is a significant advantage over the traditional car buying experience, which often involves lengthy negotiations and upselling tactics at the dealership.

EV Life's customer base is broad, ranging from individuals to families who are seeking an affordable way to finance their EV purchase. The company has received positive reviews for its efficient communication, knowledge, and customer service, with many customers highlighting the lower monthly payments and the ease of the online process as key benefits.

Keywords: Electric Vehicles, Auto Financing, Online Loans, Rebates, Home Chargers, Lower Monthly Rates, Hassle-Free, Dealer-Free, Customer Service, Affordable.