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EVmo, Inc formerly YayYo, Inc, announces a Fleet Acquisition of Tesla Vehicles


EVmo, Inc formerly YayYo, Inc, announces a Fleet Acquisition of Tesla Vehicles
EVmo, Inc to go all electric by the end of 2021
BEVERLY HILLS, Calif., March 10, 2021 (GLOBE NEWSWIRE) EVmo, Inc, formerly YayYo, Inc (“EVmo” or the “Company”) (
OTC:
YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, acting through its wholly-owned subsidiary, Rideshare Car Rentals, LLC, today announced that it  is partaking in a fleet acquisition  of Tesla (
NASDAQ:TSLA) vehicles, and has committed to go all electric by year end of 2021.
Steven Sanchez, CEO of EVmo said “The future of mobility is electric. Tesla is an obvious choice and we are excited to be one of the first Tesla rideshare fleet partners in the US that will deploy electric vehicles rather than gasoline-powered vehicles, for services like Uber and Lyft. Our EV commitment provides outsized climate benefits. The explosive growth in the gig economy and evidence t ....

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RideShare Rental, Inc., formerly YayYo, Inc., announces $2 million extension of ACME Auto Leasing LLC line of credit


News Category Global Banking & Finance Reviews
RideShare Rental, Inc., formerly YayYo, Inc., announces $2 million extension of ACME Auto Leasing LLC line of credit
BEVERLY HILLS, Calif., Jan. 21, 2021 RideShare Rental, Inc., formerly YayYo, Inc. (“RSR” or the “Company”) (
Other OTC:YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, acting through its wholly-owned subsidiary, Rideshare Car Rentals, LLC, today announced that ACME Auto Leasing LLC has increased their line of credit to the Company by $2 million.
The extension will be used to fund additional passenger vehicles for the rideshare industry, including the purchase of transit high top cargo vans for last -mile logistics. The bulk of the funds will be allocated towards the purchase of electric vehicles (EV) to launch RSR’s EV strategy for the rideshare space. ....

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