Yoshi Mobility, a US-based mobile charging company, will spin off its fleet fuel division. The move is “part of its renewed commitment to sustainability and an electric future,” the company said.
The fleet fueling unit will be acquired by EZFill Holdings.
Since emerging from Y-Combinator in 2016, Yoshi has focused on operations in three areas; mobile vehicle charging for electric and autonomous fleets; virtual vehicle inspection for companies such as Uber and Turo; and on-site preventative maintenance.
“By spinning off our fuel business and focusing all of our energy on solving hair-on-fire problems that fleet owners face, we are meeting the changing needs of enterprise customers while making the future of transportation safer, cleaner and more sustainable,” Yoshi CEO and co-founder Bryan Frist said.
The divestiture of the traditional fueling business is in keeping with the company’s long-term goals “to reduce environmental impact and adapt to the growing demand for greener solutions in the automotive industry.”
Source: Yoshi Mobility