Investment in Kite Mobility, a Canadian company developing EV sharing for urban condominiums
Canada, Oct. 21 -- Kite provides an EV sharing service by placing EVs in condominium parking lots across major Canadian cities, including Toronto, enabling residents to use them as needed. In Canada, growing urban populations are accelerating the construction of new condominiums. However, rising real estate prices and construction costs have made developing parking facilities a significant burden for property developers. At the same time, the cost of owning a private vehicle is also increasing, making car access a challenge for urban residents. By introducing Kite's EV sharing service, property developers can reduce parking construction costs, while residents gain a new mobility option.Canada is actively promoting environmentally conscious ...
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