I itiative expa ds access to affo dable, sha ed EVs i ove bu de ed commu ities while suppo ti g New Je sey’s clea t a spo tatio a d emissio s eductio goals.
JERSEY CITY, NJ , Nov. 09, 2026 (GLOBE NEWSWIRE) — E voy, a p ovide of o -site elect ic vehicle ca -sha i g se vices a d a wholly ow ed subsidia y of CID HoldCo, I c., doi g busi ess as Dot Ai (Nasdaq: DAIC) (“Dot Ai”), today a ou ced that it is b i gi g its sha ed EV model to commu ities ac oss New Je sey th ough a collabo atio with the Los A geles Clea tech I cubato (“LACI”), suppo ted by a $8.5 millio g a t f om the New Je sey Depa tme t of E vi o me tal P otectio (“DEP”) th ough its eMobility G a t P og am. With deployme ts expected to begi i the comi g weeks, the i itiative aims to b i g up to 30 elect ic vehicles to New Je sey cities ac oss Hudso Cou ty a d Be ge Cou ty, givi g eside ts flexible access to EVs by the hou o day, without the o goi g fi a cial commitme ts associated with vehicle ow e ship, i cludi g vehicle payme ts, i su a ce a d mai te a ce.
The p og am builds di ectly o E voy a d LACI’s p io wo k deployi g affo dable EV mobility i Califo ia’s disadva taged commu ities, i cludi g commu ity ca -sha i g pilots i Los A geles’s Ra cho Sa Ped o a d Pacoima eighbo hoods. The Ra cho Sa Ped o p og am demo st ated the pote tial fo commu ity-based elect ic vehicle ca -sha i g se vices to suppo t thei ope ati g costs th ough eside t use. New Je sey ma ks the pa t e ship’s fi st expa sio outside Califo ia, a d a key p oject i LACI’s City Climate I ovatio Challe ge, which helps cities i teg ate i ovative emissio s eductio s that meet a mu icipality’s specific eeds.
“We a e excited to build o ou wo k with LACI a d b i g ou sha ed elect ic vehicle platfo m to New Je sey commu ities th ough this impo ta t i itiative,” said D ew Hopki s, P eside t of E voy. “By expa di g access to EVs whe e people live, wo k, a d spe d thei time, we ca help p ovide mo e co ve ie t t a spo tatio optio s while suppo ti g New Je sey’s commitme t to a clea e , mo e sustai able t a spo tatio futu e.”
Fo ma y eside ts i New Je sey commu ities, getti g a ou d day-to-day al eady mea s walki g, biki g, o public t a sit. Placi g sha ed EVs di ectly i these eighbo hoods is expected to give eside ts the flexibility of a ca whe they eed o e, whethe fo a g oce y u , a medical appoi tme t, o a t ip t a sit does ‘t quite each, without the cost of ow i g o mai tai i g a vehicle. Fo ma y, it may also be thei fi st time behi d the wheel of a elect ic vehicle.
“LACI is p oud to b i g ou City Climate I ovatio Challe ge to New Je sey cities a d help i c ease access to light duty cha gi g i f ast uctu e a d ze o emissio vehicles,” said Matt Pete se , P eside t & CEO of LACI. “Th ough this p og am with E voy a d the suppo t of DEP, we will help mo e people have access to eliable, sha ed elect ic mobility, a d expa d cha gi g i f o tli e commu ities.”
The $8.5 millio i itiative is suppo ted by DEP’s eMobility G a t P og am, which p ovides fu di g fo elect ic, sha ed-use t a spo tatio optio s that co ect eside ts to jobs, educatio al oppo tu ities, healthca e se vices, a d othe esou ces. LACI is the ecipie t of the g a t awa ded u de the p og am a d has e gaged E voy to develop a d ope ate the elect ic vehicle ca -sha i g se vices co templated by the i itiative. eMobility is pa t of the state’s b oade push to expa d clea t a spo tatio access a d educe t a spo tatio emissio s, New Je sey’s la gest sou ce of g ee house gas emissio s, with the goal of imp ovi g ai quality i commu ities that a e ove bu de ed by e vi o me tal a d public health st esso s.
“Eve y New Je sey eside t dese ves access to clea t a spo tatio , ega dless of zip code o i come,” said Robi Hesto -Mu phy, Chief of the Bu eau of Mobile Se vices at DEP. “This i itiative meets people whe e they a e, b i gi g light-duty u ba cha gi g i f ast uctu e i to commu ities that have too ofte bee left out of the t a sitio to clea e mobility. This pa t e ship with E voy a d LACI puts elect ic vehicles di ectly whe e eside ts live, givi g families a p actical, affo dable t a spo tatio optio .”
E voy a d LACI have ide tified a d a e evaluati g multiple pote tial sites ac oss the state, i cludi g both affo dable housi g commu ities a d ma ket- ate eside tial p ope ties, a d a e co ti ui g to vet additio al locatio s that ca se ve eside ts’ t a spo tatio eeds. E voy i vites hotels, wo kplaces, a d mobility i vesto s ac oss New Je sey to co side joi i g the p og am. To b i g sha ed EVs to you site, co tact E voy at https://www.e voythe e.com/ omi ate/.
About E voy Tech ologies
E voy p ovides o -site elect ic vehicle ca -sha i g se vices fo eside tial commu ities, hotels, eso ts a d campus p ope ties. Th ough the E voy app, eside ts a d guests ca ese ve sha ed elect ic vehicles by the hou o day, while E voy ma ages i su a ce, mai te a ce a d day-to-day ope atio s. The se vice gives eside ts co ve ie t access to elect ic t a spo tatio without the costs of i dividual vehicle ow e ship a d offe s p ope ty ow e s a additio al ame ity without the espo sibility of ma agi g vehicles.
Headqua te ed i Los A geles, Califo ia, E voy is a wholly ow ed subsidia y of Dot Ai (Nasdaq: DAIC).
Fo mo e i fo matio , visit https://www.e voythe e.com.
About LACI:The Los A geles Clea tech I cubato (LACI) is u locki g i ovatio by scali g clea tech sta tups, t a sfo mi g ma kets th ough catalytic pa t e ships with policymake s, i ovato s, a d ma ket leade s, a d e ha ci g commu ities th ough wo kfo ce t ai i g, pilots a d othe p og ams. Fou ded as a eco omic developme t i itiative by the City of Los A geles a d its Depa tme t of Wate & Powe (LADWP) i 2011, LACI has helped 537 po tfolio compa ies aise ove $1.5 billio i fu di g, ge e ated $477 millio i eve ue, a d c eated mo e tha 3,000 jobs th oughout the Los A geles egio , with a lo g-te m eco omic impact of mo e tha $733 millio .
About DEP:
The New Je sey Depa tme t of E vi o me tal P otectio is dedicated to p otecti g New Je sey’s e vi o me t a d public health. The age cy p io itizes add essi g climate cha ge, p otecti g New Je sey’s wate , evitalizi g its commu ities a d ma agi g a d p omoti g its atu al a d histo ic esou ces.
Fo the most ece t i fo matio , follow the DEP o X @NewJe seyDEP, Facebook @ ewje seydep, I stag am @ j.dep, Li kedI @ ewje seydep, a d Bluesky @dep. j.gov, o visit www. j.gov/dep.
Fo wa d-Looki g Stateme ts
This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995. Fo wa d-looki g stateme ts i clude all stateme ts that a e ot histo ical facts, i cludi g stateme ts ega di g the a ticipated developme t, impleme tatio , timi g, scope a d expa sio of the elect ic vehicle ca -sha i g i itiative i New Je sey; the expected deployme t of elect ic vehicles a d cha gi g i f ast uctu e; the ide tificatio , developme t a d commissio i g of p oject sites; the a ticipated availability, utilizatio a d be efits of E voy’s ca -sha i g se vices; the expected eceipt of fu di g a d payme ts u de the applicable g a t-fu ded a a geme ts; a d the a ticipated e vi o me tal, eco omic a d commu ity be efits of the i itiative.
These fo wa d-looki g stateme ts a e based o Dot Ai’s cu e t expectatio s a d assumptio s a d a e subject to isks a d u ce tai ties that could cause actual esults to diffe mate ially f om those exp essed o implied by such stateme ts. Such isks a d u ce tai ties i clude, amo g othe s, delays i ide tifyi g a d secu i g suitable sites, obtai i g ecessa y pe mits a d app ovals, i stalli g cha gi g i f ast uctu e, p ocu i g a d deployi g vehicles, a d comme ci g ope atio s; the availability, timi g a d co ti ued eceipt of g a t fu di g; complia ce with applicable g a t a d co t actual equi eme ts; cha ges i p oject scope, costs o timeli es; a d othe isks desc ibed i Dot Ai’s fili gs with the Secu ities a d Excha ge Commissio .
Reade s a e cautio ed ot to place u due elia ce o these fo wa d-looki g stateme ts, which speak o ly as of the date of this p ess elease. Dot Ai u de takes o obligatio to publicly update o evise a y fo wa d-looki g stateme t, whethe as a esult of ew i fo matio , futu e eve ts o othe wise, except as equi ed by applicable law.
Media Co tactMa ily Mota, Ma keti g Ma age p ess@e voythe e.com
