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Startup Funding & Investment Updates

BluSmart closes $100 million in EV asset financing

2023-01-06

The report also claims it is in talks to raise a further $250 million


Source


Notes by Narsi

BluSmart is on a roll, literally. Kudos to the team.

Interestingly however, in many of their recent PR, they seem to be stressing customer service, few or no cancellations/cancellation fees etc., which have nothing to do with being electric, and perhaps have more to do with their overall business model - one in which they lease or own the vehicles.