{"id":82191,"date":"2025-05-02T18:20:07","date_gmt":"2025-05-02T22:20:07","guid":{"rendered":"http:\/\/autosector.com\/?p=82191"},"modified":"2025-05-02T18:20:07","modified_gmt":"2025-05-02T22:20:07","slug":"zenobe-arrives-in-north-america-with-a-500-unit-ev-deal-in-canada-part-4","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=82191","title":{"rendered":"Zenob\u0113 arrives in North America with a 500 unit EV deal in Canada [part 4]"},"content":{"rendered":"
\n\t\"Zenob\u0113<\/figure>\n

Electric vehicle charging and battery storage specialists<\/a> Zenob\u0113 have inked a deal with Canadian leasing company 7Gen to fund more than 500 commercial EVs and their associated charging infrastructure.<\/p>\n

<\/p>\n

Last week, Zenob\u0113 agreed to provide up to $48 million (Canadian) in debt financing to 7Gen to help expand its vehicle-as-a-service electric truck leasing program across Canada.<\/p>\n

7Gen supports fleet operators with a comprehensive set of vehicle leasing and financing solutions that cover EV charger deployment, energy management systems, and ongoing operational support for Canadian fleet customers operating electric trucks, vans, and school buses.<\/p>\n

Zenob\u0113 secured $1.6 billion in equity from its joint majority shareholders KKR and M&G Infracapital to fuel its global expansion into EVs and grid-scale batteries back in 2023. Since then<\/a>, it\u2019s grown to support more than 2,000 EVs and 120 charging depots across markets in the UK, Europe, Australia, and New Zealand.<\/p>\n

\tAdvertisement – scroll for more content<\/span><\/p>\n

\u201cWe\u2019re bringing our innovative funding approach to Canada and specifically to 7Gen<\/a>,\u201d says Steven Meersman, Co-Founder and Director of Zenob\u0113. \u201cWe see momentum behind decarbonization in Canada\u2019s supportive government policies and the clean, affordable power that will ensure a lower total cost of ownership for zero-emissions vehicles. We look forward to sharing our global experience electrifying over 120 depots to benefit 7Gen, its fleet customers and the wider electric fleet market in Canada.\u201d<\/p>\n

That innovative funding strategy is something Steven and I had a chance to discuss this week at the ACT Expo in Anaheim<\/a>, California. \u201cWe\u2019re being very careful in the way we approach the North American market,\u201d he said (paraphrasing). \u201cThe market is fairly littered with the graves of other UK EV companies that have tried to find a foothold here and failed, so we\u2019re being very careful about our partners.\u201d<\/p>\n

Despite living just a few minutes from his Chicago HQ, I\u2019d never met Steven before this week. He\u2019s a super-interesting guy and you will definitely<\/em> learn a thing or two about how to build a multimillion dollar energy management company like Zenob\u0113 from our upcoming podcast (stay tuned for that). But the news here is 7Gen.<\/p>\n

\u201cZenob\u0113\u2019s debt financing supports 7Gen\u2019s next growth step and allows us to help our customers step up the pace of their EV adoption and benefit immediately from operational cost savings,\u201d says Frans Tjallingii, CEO, 7Gen. \u201cZenob\u0113\u2019s team is well aligned with ours and we are thrilled to partner to scale our impact in Canada together.\u201d<\/p>\n

The company will begin rolling out its Zenob\u0113-funded electric trucks in the coming weeks, with new partners and projects set to be announced shortly.<\/p>\n

SOURCE | IMAGES<\/strong>: Zenob\u0113<\/a>.<\/p>\n

\"\"<\/a><\/figure>\n
\n

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<\/div>\n","protected":false},"excerpt":{"rendered":"

Electric vehicle charging and battery storage specialists Zenob\u0113 have inked a deal with Canadian leasing company 7Gen to fund more than 500 commercial EVs and their associated charging infrastructure. Last week, Zenob\u0113 agreed to provide up to $48 million (Canadian) in debt financing to 7Gen to help expand its vehicle-as-a-service electric truck leasing program across […]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/82191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82191"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/82191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82191"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}