Evolio

What Evolio does

Evolio is a privately-held Romanian company headquartered in Bucharest that distributes a broad portfolio of low-speed electric vehicles and related mobility products under its own brand. Its core offering spans L7e-category electric minicars (KOMI, B1, M2, City Spirit, X-CAR), electric utility vans and pickups, golf carts, electric UTVs, electric mini-buses (Evocar), homologated electric scooters (KUBA GTS), replacement lithium-ion batteries, electric sweepers, vintage-styled EVs, and PMR (Persons with Reduced Mobility) vehicles. The company layers an IoT-based smart-location and communication platform onto select products — most visibly the KUBA GTS SMART scooter, which integrates a smartphone app with GPS tracking, geofencing, remote alarm, and a bundled 12-month My X subscription.

The business operates a direct-to-consumer model via its owned e-commerce storefront evolioshop.com, supplemented by phone and email ordering, a Bucharest showroom/service location for test drives, and door-to-door courier delivery through FAN Courier. Primary customers are individual consumers seeking affordable urban mobility (L7e vehicles drivable on a B license, with ranges up to 180 km WLTP and operating costs around €2/100 km), with secondary B2B segments including local government fleets (police departments in Craiova and Bucharest Sector 4), hospitality resorts (Casa Timis, Paul's Lodge Singureni), and commercial fleet operators. Pricing spans approximately €1,400 (KUBA GTS scooter) to ~€15,500 (B1 4-seat Premium), with promotional discounts, optional Li-Ion battery upgrades, and consumer financing through TBI Bank/RBI Rate. Revenue is generated almost entirely through one-time hardware sales, with limited recurring service revenue via the My X subscription bundle. Eligibility for the Romanian government's Rabla Plus subsidy program is a core demand-side lever, and the company maintains an authorized after-sales service network within Romania. The company operates as two Romanian legal entities (SC EVOLIO MOBILITY S.R.L. and SC EVOLIO AUTOMOTIVE S.R.L.), is privately owned by its founders, has no disclosed external investors or funding rounds, and sources vehicles manufactured in China.

Name

Evolio

Legal name

EVOLIO MOBILITY SRL

Website

https://evolioshop.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Evolio is a Romanian direct-to-consumer distributor of low-speed electric vehicles — including minicars, utility vans, scooters, UTVs, golf carts, and electric sweepers — selling primarily to individual consumers in Romania through its evolioshop.com e-commerce platform, with supplementary B2B fleet sales to government, hospitality, and commercial customers.

Ownership category

akta.pro rank

Product category

Electric Vehicles

NAICS

Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227)

SIC

Retail-Auto & Home Supply Stores (5531)

akta.pro primary industry

EV Passenger Vehicle Leasing (Cars/SUVs) (TLABAAAH)

akta.pro secondary industries

Specialty Vehicle Leasing/Rental (Refrigerated, Tanker, Flatbed, Utility/Service Bodies) (TLABAHAE), Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles) (TLABAHAI)

Keywords

• Electric vehicles
• Electric utility vehicles
• Electric scooters
• Electric golf carts
• Electric mobility

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D

Revenue model

1. Electric Vehicle Sales: One-time sales of electric vehicles including cars, utility vehicles, buses, golf carts, UTVs, and other electric mobility products. Products sold at various price points with optional financing through TBI Bank.
2. Accessories and Batteries: Sales of replacement batteries and accessories for electric vehicles and e-bikes, including Samsung lithium-ion batteries and other components.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Evolio distributes and sells a wide range of electric vehicles and mobility products in Romania through its own e-commerce platform evolioshop.com. The portfolio spans urban minicars, utility vans and pickups, electric mini-buses (Evocar), golf carts, electric UTVs, homologated electric scooters (KUBA GTS series with optional smart IoT/GPS features), replacement batteries for e-bikes, electric sweepers, and PMR mobility vehicles. Sales are supplemented with TBI Bank installment financing, Rabla Plus government subsidies, courier delivery, and an authorized service network.

Product overview

Evolio is a Romanian company that distributes electric vehicles and related products. The product portfolio includes: (1) Electric Cars - urban minicars (KOMI, B1, M2+, M2 LS, City Spirit+, X-CAR 2, X-CAR 4) ranging from 2-seater to 4-seater with various battery capacities and ranges up to 180 km WLTP; (2) Electric Utility Vehicles - vans (X-CAR Van, EV600+ Van) and pickup trucks (Pick Up, EV600+ PickUP) for commercial logistics; (3) Electric Buses - Evocar mini-buses for passenger transport; (4) Golf Carts - premium and off-road models in 2+2 and 6-seat configurations; (5) Electric UTVs - 2-seat and 5-seat utility vehicles; (6) Electric Scooters - KUBA GTS series including SMART variant with GPS/app integration; (7) Batteries/Accumulators - Li-Ion replacement batteries for e-bikes; (8) Electric Sweepers - industrial cleaning equipment; (9) PMR Vehicles - mobility aids for disabled persons. The company offers IoT-based smart location and communication solutions for vehicles.

Differentiator

Problem solved

Functional benefit

Brands

• Evocar: Mini-bus brand mentioned in blog for deliveries to Casa Timis resort
• X-CAR
• Bentu Mango
• KOMI
• City Spirit
• M2
• B1

Products and services

• X-CAR 2 (Masina Electrica X-CAR 2) Compact 2-seat urban electric car (L7e category) with lead-acid 150 Ah battery, up to 120 km eco mode range, 7 kW motor, automatic transmission, and 150L trunk. Suitable for B category license holders.
• X-CAR 4 (Masina Electrica X-CAR 4) 4-seat urban electric car for industrial and administrative use, with lead-acid 150 Ah battery, up to 120 km eco mode range, 10 kW motor, hydraulic disc brakes, and 150L trunk. Optional light ramps and acoustic systems for emergency services.
• City Spirit+ (Masina Electrica City Spirit+) 2-seat urban electric car drivable with B1 license from age 16. Li-Ion battery with up to 130 km eco range, 7.5 kW nominal / 14 kW max motor, 80 km/h top speed, available in multiple colors.
• KOMI (Masina Electrica KOMI) Premium 4-seat electric minicar with up to 180 km WLTP urban range and 160 km combined range. 32 kW motor, 100 km/h max speed, Li-Ion battery with 5-year warranty, Type II charging port, ABS, ESP, EPB, airbags, ISOFIX, 7-inch touchscreen, and keyless entry/go.
• M2 LS (Masina Electrica M2 LS) L7e-CU category utility electric car with regenerative braking, LCD display, Bluetooth, WiFi, power steering, electric brake assist, ABS, electric windows, AC, rear camera and parking sensors. Available with 4.5 kW motor (50 km/h, Lead-Gel battery) or 7.5 kW motor (80 km/h, Li-Ion battery).
• M2+ (Masina Electrica M2+) L7e-CU utility electric car with regenerative braking, LCD display, Bluetooth, WiFi, power steering, electric brake assist, ABS, electric windows, AC, rear camera and parking sensors. 10 kW motor, up to 120 km eco range.
• B1 2 locuri - Standard L7e-CP 2-seat modern electric car with regenerative braking, 7-inch LCD dashboard, Bluetooth, WiFi, power steering, electric brake, ABS, EBD, airbag, electric windows, AC, rear camera, parking sensors, electric mirrors, tire pressure sensors, hill assist, ISOFIX. LiFePo4 13.9 kWh battery, up to 180 km eco range, 14 kW motor, 90 km/h max speed.
• B1 4 locuri - Premium L7e-CP 4-seat modern electric car with regenerative braking, dual 12-inch LCD screens, Bluetooth, WiFi, power steering, electric brake, ABS, EBD, airbag, electric windows, AC, rear camera, parking sensors, electric mirrors, tire pressure sensors, hill assist, ISOFIX. LiFePo4 14 kWh battery, up to 180 km eco range.
• Utilitara Electrica X-CAR Van (Masina Electrica Van - Linxys) Electric van for commercial deliveries and light cargo transport with lead-acid or Li-Ion battery options.
• Utilitara Electrica Pick Up (Pick Up Plus / Pick Up ECO) Electric pickup truck for commercial and light cargo transport applications, available in Plus and ECO variants.
• Utilitara Electrica EV600+ PickUP Electric pickup truck for deliveries with Type II charging capability and compact design for urban logistics.
• Utilitara Electrica EV600+ Van Compact electric van for urban deliveries and last-mile logistics.
• Golf Cart Premium 6 locuri Luxury 6-seat electric golf cart for resorts, golf courses, and leisure facilities.
• Golf Cart Premium 2+2 Luxury 4-seat (2+2 configuration) electric golf cart for golf courses and leisure facilities.
• Golf Cart Off Road 2+2 Off-road capable electric golf cart with 2+2 seating configuration for rugged terrain.
• Cart Cargo Off-road Off-road electric cargo cart for transporting equipment and supplies on rugged terrain.
• UTV Electric 2 locuri - Deschis/Inchis 2-seat electric UTV (Utility Task Vehicle) available in open and closed configurations for various utility applications.
• UTV Electric 5 locuri - Inchis 5-seat enclosed electric UTV for transporting multiple passengers in utility applications.
• UTV Electric Range+, Dual Use Extended range dual-use electric UTV for versatile utility applications.
• Autobuz Electric Evocar (Electric Mini-Bus) Electric mini-bus for passenger transport, available in various seating configurations. Customized with higher power motors for steep terrain.
• KUBA GTS SMART (Scuter Electric GTS Smart) 2000W homologated electric scooter (L1e category) with smart features including GPS tracking, smartphone app control, alarm system, geofencing, and route history. 72V 20Ah battery, up to 60 km range, hydraulic disc brakes, 45 km/h max speed. Includes 12-month My X GPS service subscription.
• KUBA GTS (Scuter Electric GTS) 2000W homologated electric scooter (L1e category) requiring only municipal registration. 72V battery, hydraulic disc brakes, up to 60 km range, 45 km/h max speed, 24-month warranty, assembled in Europe.
• BATERIE BICICLETA X-BIKE CITY 36V 10Ah Lithium-Ion replacement battery compatible with X-BIKE CITY, X-BIKE CITY 2, and X-BIKE CITY 3 electric bicycles.
• BATERIE BICICLETA X-BIKE FAT 36V 10Ah Lithium-Ion replacement battery compatible with X-BIKE FAT and X-BIKE FAT 2 electric fat bikes.
• BATERIE BICICLETA X-BIKE TX3 Original Samsung 36V 10Ah Lithium-Ion replacement battery compatible with X-BIKE TX3 electric bicycle.
• Maturatori Electrice (Electric Sweepers) High-efficiency electric sweepers designed for daily dust and waste management in commercial and industrial settings.
• Vehicule PMR (Mobility for Persons with Reduced Mobility) Electric mobility vehicles designed for persons with reduced mobility (PMR).
• Masini Vintage Electrice (Electric Vintage Cars) Electric vehicles with vintage/classic design aesthetic.

Quantifiable outcome

• Operating cost of approximately 2 EUR per 100 km compared to traditional fuel vehicles
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Rabla Plus ProgramcoreOthers · 1 January 2023Romanian government subsidy program for electric vehicle purchases. Evolio vehicles are eligible for Rabla Plus financing with ecovouchers available for qualifying purchases.
• FAN CourierminorOthersAuthorized courier service for product deliveries to service centers and customers. Warranty products can be sent via FAN Courier with costs covered by Evolio.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Club Car: Club Car is a major manufacturer of electric golf carts and low-speed utility vehicles, directly comparable to Evolio's golf cart (2+2, 6-seat, off-road) and UTV product lines.
• Renault Twizy: Renault Twizy is a L7e quadricycle electric vehicle with comparable urban use-case, two-seat configuration, and limited top speed, directly overlapping with Evolio's compact L7e city cars in category and customer profile.
• Citroën (Ami): Citroën Ami is a L7e/quadricycle-class electric microcar sold across Europe with a similar urban-mobility positioning to Evolio's X-CAR, M2, B1 and City Spirit line; both target short-trip urban buyers seeking low-cost entry into EV ownership.
• NIU Technologies: NIU is a leading electric scooter and micro-mobility brand with smart/app-connected products, directly comparable to Evolio's KUBA GTS SMART scooter and its IoT-enabled smart features.
• Microcar (Groupe Béneteau): Microcar is a French L7e light quadricycle maker selling small urban electric vehicles, sharing Evolio's product class, customer type, and European mini-EV go-to-market.
• Ligier Automotive: Ligier is a French L7e/quadricycle manufacturer producing small electric and microcar vehicles, directly comparable to Evolio's L7e-CP and L7e-CU passenger and utility models in Europe.
• Aixam: Aixam is a French manufacturer specializing in L7e light quadricycles and microcars, the same regulatory class and urban-mobility segment that Evolio's mini-EV portfolio addresses.

Broad incumbents

• Dacia: Dacia is the incumbent Romanian auto brand and sells the Dacia Spring EV — a directly competing affordable electric car in the same Romanian market where Evolio's L7e models are positioned.
• Wuling (SAIC-GM-Wuling): Wuling is the Chinese manufacturer of the Hongguang Mini EV and similar small-format electric vehicles, the same source category for Evolio's imported EV portfolio and a comparable mini-EV product.

Emerging players

• Yadea Group: Yadea is a major global electric two-wheeler manufacturer with homologated e-scooters, overlapping with Evolio's KUBA GTS scooter line in product category, homologation needs, and target urban commuter.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/evolio
• Facebookfacebook.com/EvolioRomania
• LinkedInlinkedin.com/company/evolio-romania

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evolio