REXEV

About REXEV

RexEV operates in the e-mobility sector, providing a car-sharing platform that specializes in electric vehicles (EVs) and utilizes renewable energy sources. The company leverages its extensive experience in the energy industry and maintains a broad network with local governments and electricity companies to offer innovative solutions. RexEV's core business model revolves around deploying EV car-sharing services and managing energy distribution through Virtual Power Plants (VPPs). By connecting numerous EVs to the grid, RexEV optimizes energy management and contributes to environmental sustainability. The company primarily serves urban areas and local communities, aiming to mitigate environmental pressure and promote decarbonization. Revenue is generated through car-sharing service fees and energy management solutions.