Robinhood launches “Robinhood EV” an electric motorcycle rental platform to drive green business and offer a value option for riders

• Fostering sustainable growth along with social and environmental values
• Special daily rental fee offers starting from 165 baht/day and many more deals and promotions, with a target of some 1,000 Robinhood EV users by the end of 2023

        Robinhood, Sustainable App for Small Guys, continues its social entrepreneurship to drive environmentally friendly business and foster business sustainability supporting social and environmental values. In line with that commitment, Robinhood is launching a new “Robinhood EV” an electric motorcycle rental platform for riders. Value deals and financial value promotions and excellent services are on offer for riders renting an electric motorcycle with Robinhood EV by 31 December 2023, with the platform hoping to achieve a target of some 1,000 Robinhood EV users by the end of the year.

         Talking about the newly launched platform, Purple Ventures Co., Ltd. Chief Executive Officer Mr. Kaweewut Temphuwapat said, “Robinhood is committed to its mission of supporting society in line with our vision to be “Sustainable App for Small Guys.” Our core strategic plan involves developing new business models that foster our sustainable growth while uplifting people’s quality of life. We hope to offer opportunities for people to earn an income and take part in promoting green efforts to drive well-being and positive impacts on society in the long term. As a delivery and commuting platform provider, Robinhood is aware of environmental issues that may be caused by our business operations. That’s why we continue to drive and promote environmentally friendly business to reduce air pollution and to improve the quality of life for riders. The “ Robinhood EV” will offer an electric motorcycle rental platform to two-wheeled riders in the first phase before expanding to other groups in the future to support electric vehicle trends and the needs of new generation clients with an eco-friendly priority. We really hope that Robinhood EV will help riders saves money and reduce impacts on the environment.”

        Purple Ventures Co., Ltd. Head of EV Business Mr. Bidtiporn Chartisathian further explained, “ Robinhood EV is an electric motorcycle rental platform providing a new option answering the needs of riders under the concept of “More beyond values for your life.” Studies have shown that a large number of riders are interested in switching to electric motorcycles are concerned about battery swap stations. Based on such pain points, the Robinhood EV has been developed with an emphasis on battery swap support as follows: 1. A battery charger is provided so that riders can charge their vehicle at home. 2. The main battery swap station is at the Robinhood Hub, Wongsawang. 3. There are 54 HSEM battery swap stations with a total capacity of 92 battery slots available 24/7 to cover service areas in Bangkok. 4. On-the-spot battery delivery service is available in the event of battery run-down on the road to ensure riders’ peace of mind. We hope that our small step in launching the Robinhood EV rental platform will drive sustainable business growth, and environmental awareness in line with our corporate vision, supporting the country’s move toward a low-carbon society.”

         “We have partnered with HSEM Motor, a manufacturer and distributor of electric motorcycles. They have chosen to feature the Robinhood EV Lazer by HSEM on the Robinhood EV platform. It comes with an outstanding design, IRC tires, 2 batteries, and a complete set of accessories. In addition, we are ready to offer a great service experience to riders, including a 24/7 call center, on-the-spot battery delivery in case a battery runs out while on the road, and replacement electric motorcycles in case of accident or a rental unit for more convenience and peace of mind. Rental fees start from only 165 baht per day between 15 November – 31 December 2023. By the end of this year, we hope to see some 1,000 Robinhood EV users on the platform. We will continue to offer other benefits catering to riders’ everyday needs, including EV maintenance.” Mr. Bidtiporn Chartisathian wrapped up.

Riders renting an electric motorcycle on the Robinhood EV platform include enjoy the following FREE benefits:

• Maintenance service throughout the rental contract period
• Personal accident insurance for 6-month and 12-month rental plans
• Vehicle registration renewal and 3+ vehicle and life insurance coverage for riders
• Battery swaps 24/7 
• Two batteries and a 10-Amp battery charger
• On-the-spot battery delivery throughout the rental contract period
• IRC tire change every 15,000 km.
• Substitute electric motorcycle during electric motorcycle repair
• Electric motorcycle replacement upon 1-year rental
• Complete set of accessories, including rider’s jacket, neck gaiter, and delivery box, etc.
• 24/7 call center with attentive rider service.

Note: Purple Ventures Company Limited solely operates as a digital platform service provider. The provision of car rental services is subject to the terms and conditions specified by each individual car rental service provider.

For more information, riders can contact the Robinhood Hub, Wongsawang (8:00 am – 8:00 pm daily), LINE Official Account: @robinhoodevrider https://rbh.mobi/RobinhoodEVRider , or call the 24/7 Robinhood EV Call Center at 02-539-7564. Find the latest Robinhood EV updates, events, and promotions on Facebook and TikTok: Robinhood EV Rider and www.robinhood.co.th/ev

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