Headquartered in Los Angeles, California, EV Transportation Inc. is the parent company of EV Rental Cars, LLC. Founded in 1997, EV Rental Cars exclusively rents hybrid electric and low emissions vehicles. They are the first car rental company in the United States to rent only environmentally friendly vehicles to the public. The Company’s shares trade on the OTCBB.
Affiliated with Fox Rent-A-Car, EV’s fleet consists of more than 350 cars at seven locations throughout the United States. The Company’s airport locations include Los Angeles, Orange County, San Diego, San Francisco, Oakland, and San Jose, California. They also have their site in Phoenix, Arizona. The company has the distinction of preventing more than 100 tons of air pollution and have passed to their customers over one million dollars in fuel cost savings. EV Rental Cars growth in recent years now has their yearly revenues close to four million dollars.
EV won an Automotive World Environment Award in 2001. They have also obtained grants from the U.S. Department of Energy and California Air Resources Board. In addition, they have received honors from the Environmental Protection Agency and the Clean Air Coalition.
EV’s corporate strategy is to use their management teams’ existing relationships with major insurance carriers, travel agents, and automotive dealership organizations to further their business. They believe that referral-source and relationship-driven business will keep their revenues and growth consistent.
This month, EV Transportation Inc. announced the appointment of Paul Christensen as Vice President of Operations. Mr. Christensen has more than 30 years of senior-management rental-car industry experience. His experience is in corporate, franchise, and independent operations He has served as General Manager for Budget Rent a Car, Chief Operating Officer for Budget Rent a Car’s largest licensee, and General Manager for National Car Rental and Alamo Rent a Car.
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