Evme Plus Company Limited

What Evme Plus Company Limited does

EVme Plus Company Limited is a Bangkok-based electric vehicle rental and fleet management provider operating as a subsidiary of PTT Group (กลุ่ม ปตท.), Thailand's largest state-owned energy conglomerate. Founded in 2021 under PTT's New S-Curve diversification strategy, the company operates an integrated EV rental platform serving corporate organizations, government agencies, individual consumers, taxi cooperatives, and automotive dealership partners across Thailand. Its primary offerings include long-term corporate fleet rental (2-5 year contracts), individual subscription rentals (6-12 month terms), EV taxi services through authorized cooperative representatives, direct EV sales, and consulting services for charging infrastructure and sustainability reporting.

The company's technology stack centers on a proprietary EV Fleet Management Platform that enables real-time vehicle tracking, driving behavior monitoring, location tracking, and fleet utilization visualization for enterprise customers, complemented by a consumer-facing mobile application (iOS/Android) for booking, vehicle access, and service management. Adjacent digital products include a Carbon Credit Calculation System that converts reduced CO2 emissions into corporate sustainability reporting outputs and a charging station advisory and installation service managed by professional technician teams. Supporting offerings include Renewable Energy Certification (REC) services, EV advisory consulting, servicing and maintenance, and an enhanced insurance add-on product branded "EVme Cover Max" launched in January 2025. Partnerships with Benz Rama 3 (Mercedes-Benz EQE/EQS models) and Hyundai Mobility Thailand broaden the vehicle catalog available through the platform.

EVme's revenue model is primarily subscription-recurring through multi-year corporate fleet contracts (covering insurance, scheduled maintenance, replacement vehicles, and 24/7 roadside assistance) and shorter individual consumer subscriptions, supplemented by transaction-fee revenue from EV taxi cooperative partners, one-time revenue from EV sales, and professional-services revenue from advisory and certification work. Pricing is quote-based for enterprise packages and not publicly disclosed for most SKUs. Distribution runs through a direct corporate sales team, an inside-sales function (phone at 02-028-2688 and LINE Official Account @EVme), a self-serve mobile application, and channel/reseller relationships with taxi cooperatives and automotive dealerships. The headquarters is located at 199 S-Oasis Building, 18th Floor, Chatuchak District, Bangkok, with international data processing handled through cloud services in Singapore and the United States.

Name

Evme Plus Company Limited

Legal name

บริษัท อีวี มี พลัส จำกัด (EVme Plus Company Limited)

Website

https://evme.io

Company type

Private

Founded year

2021

Operating status

Operating

Short description

EVme Plus Company Limited is a Bangkok-based PTT Group subsidiary providing integrated electric vehicle rental, fleet management, and charging advisory services in Thailand, serving corporate organizations, government agencies, individual consumers, taxi cooperatives, and automotive dealership partners via a proprietary platform and mobile application.

Ownership category

akta.pro rank

Product category

Electric Vehicle Rental and Fleet Mobility Services

NAICS

Passenger Car Leasing (532112), Passenger Car Rental and Leasing (53211), Automotive Equipment Rental and Leasing (5321)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

EV Fleet Leasing & Fleet Management (EV-Focused) (THADANAI)

akta.pro secondary industries

EV-Only Car Subscriptions (Charging & Battery Services Included) (THADACAG), Corporate EV Rental Programs & Charging Coordination (THADAOAK)

Keywords

• Electric vehicle rental
• EV fleet management
• Corporate mobility solutions
• Charging station consulting
• Carbon credit advisory

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Corporate EV Fleet Rental: Long-term EV rental services (2-5 years) for corporate customers including government agencies and organizations. All-inclusive packages covering insurance, maintenance, replacement vehicles, and 24/7 roadside assistance. Revenue generated through monthly/annual rental fees.
2. Individual EV Rental: Long-term EV subscription and rental services for individual consumers. Flexible terms including 6-month and 12-month rental packages. Revenue from monthly subscription payments.
3. EV Taxi Services: Electric taxi rental services through authorized cooperative service providers and agents. Revenue shared through service provider arrangements.
4. EV Sales: Direct sales of electric vehicles through sales team. Contact via phone (098-403-7228) and LINE (@evme_usedcar).
5. EV Advisory Services: Consulting services including charging station installation planning, renewable energy certification, and carbon credit advisory for EV fleet implementation.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels7 records

Core offering

EVme provides long-term electric vehicle (EV) rental and fleet management solutions for corporate organizations, government agencies, and individual consumers in Thailand. Its core offering centers on EV rental contracts (2-5 years for corporate, 6-12 months for individuals) bundled with insurance, scheduled maintenance, replacement vehicles, and 24/7 roadside assistance, supported by a digital fleet management platform, mobile application, charging station consultation, and carbon credit/renewable energy certification services.

Product overview

EVme Plus Company Limited operates as an electric vehicle (EV) rental and mobility solutions provider in Thailand, offering a comprehensive ecosystem of EV-related services. The core offering consists of an EV Rental service for organizations providing flexible 2-5 year rental packages with insurance, maintenance, and 24/7 support, supported by a Fleet Management Platform for real-time vehicle tracking and fleet data visualization. The portfolio also includes EV Taxi services through cooperative partnerships (with VIP service at Phuket Airport), EV Sales solutions, and the EVme Cover Max insurance add-on. Supporting services include Charging Station Consultation, Renewable Energy Certification, Carbon Credit Calculation, EV Advisory Services, and Servicing & Maintenance—all designed to provide organizations with end-to-end EV fleet solutions as part of the PTT Group ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• EV Rental for Organizations Short-term and long-term electric vehicle rental services tailored for businesses, government agencies, and organizations. Packages include insurance, scheduled maintenance, replacement vehicles, 24/7 roadside assistance, and customer support for rental periods of 2-5 years.
• Individual EV Rental Subscription Long-term EV rental and subscription service for individual consumers with flexible 6-month or 12-month package options, all-inclusive coverage, and promotional pricing.
• EV Fleet Management Platform Digital platform enabling organizations to effectively manage and visualize their EV fleet data, monitor utilization, track vehicle status, and optimize fleet operations for continuous improvement.
• EV Taxi Service Electric taxi rental service operated through authorized cooperative service providers, including VIP EV taxi service at Phuket Airport for travelers.
• EV Sales Solutions Direct electric vehicle sales service enabling customers to purchase EVs through the EVme sales team and LINE Official Account @evme_usedcar.
• EVme Cover Max Enhanced insurance and protection coverage product for EV rentals providing comprehensive coverage beyond standard insurance for EV renters.
• EV Advisory Services Comprehensive EV consultation services covering charging station installation planning, renewable energy certification, and carbon credit documentation for organizations transitioning to electric fleets. Includes charger station consultation, Renewable Energy Certificate (REC) services, and real-time carbon credit calculation from reduced CO2 emissions for sustainability reporting.
• EV Servicing and Maintenance Maintenance and repair services for commercial EV rentals, managed by expert technicians throughout the vehicle usage period.

Quantifiable outcome

• 2 to 4 times reduction in fuel cost compared to fossil fuel vehicles
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered flagship and core.

• Benz Rama 3 (Mercedes-Benz)flagshipStrategic or Co-development Partner · 30 June 2025Premium EV fleet partnership expanding portfolio with Mercedes-Benz EQE and EQS models available through EVme application. Partnership enables try-and-buy concept allowing customers to experience premium EVs before purchase decision.
• Hyundai Mobility ThailandflagshipStrategic or Co-development Partner · 1 April 2025Strategic partnership providing new EV usage options through EVme application. Addresses growing 'rent before buy' trend in Thailand market, expanding customer choice and accessibility.
• PTT Group (กลุ่ม ปตท.)coreStrategic or Co-development PartnerEVme is part of PTT Group operating under New S-Curve strategy to support EV business investment expansion. PTT is Thailand's largest state-owned energy company providing financial backing and ecosystem access.
• Arun Plus Co. Ltd.coreStrategic or Co-development PartnerRelated group company within PTT ecosystem. Arun Plus is mentioned as a key affiliated company for data sharing and service coordination under privacy policy disclosures.
• Insurance PartnerscoreStrategic or Co-development PartnerPartnership with insurance providers to include comprehensive coverage in all corporate EV rental packages. Essential for fleet solutions offering complete risk coverage.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Ayvens: World's largest fleet leasing and mobility company (formed from the merger of ALD Automotive and LeasePlan) with a broad corporate fleet portfolio and explicit EV transition programs. Comparable to EVme's corporate fleet leasing business but at global incumbency scale.
• Sixt SE: Major European/global car rental and leasing company with a growing EV fleet across European and select Asian markets. Overlaps with EVme's premium rental business and corporate mobility solutions at a much larger scale.
• Avis Budget Group: Global car rental operator (Avis, Budget, Zipcar) with expanding EV fleet offerings across major markets. Comparable as a broad rental incumbent expanding into EVs, though not EV-only.
• Hertz Global Holdings: Global rental company with a high-profile EV expansion strategy including a large Tesla fleet order. Comparable as a broad rental incumbent with strong EV focus, serving both consumer and corporate segments.

Direct peers

• Care by Volvo: Volvo Cars' car subscription service offering flexible monthly terms on a curated vehicle lineup with strong EV emphasis. Closely comparable to EVme's all-inclusive subscription model and partnership-driven premium positioning.
• FINN Auto: Germany-based car subscription platform with strong EV focus, offering flexible monthly subscriptions for both consumers and corporate clients. Comparable to EVme in its bundled subscription model and corporate fleet targeting.
• Hilo: Norwegian EV subscription service offering monthly all-inclusive EV subscription plans to consumers. Operates a directly comparable EV-only subscription model with insurance, maintenance, and charging bundled in, mirroring EVme's individual consumer offering.
• Elmo: UK-based EV subscription service providing monthly all-inclusive electric car subscriptions to consumers with insurance, maintenance, and road assistance bundled. Closely mirrors EVme's individual consumer subscription structure.

Others

• Hyundai Mobility Thailand: Strategic partner to EVme providing EV vehicles to the platform, while also offering its own EV subscription and mobility services in Thailand. Functions as both supplier and adjacent competitor, making it a critical ecosystem player.
• Mercedes-Benz Mobility: Flagship partner to EVme via Benz Rama 3 supplying EQE/EQS premium EVs, while Mercedes-Benz Mobility offers its own subscription and financing products globally. Adjacent player with both partner and competitor dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/evme-plus-co-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Evme Plus Company Limited