RideShare Rental, Inc (OTCMKTS:YAYO) CEO Ramy El-Batrawi tells Proactive the rideshare and delivery gig economy industry fleet provider has secured a $2M line of credit from ACME Auto Leasing LLC.
El-Batrawi says as the group has been experiencing increased demand for vehicles, the additional $2M allows the California-based group to purchase high top cargo vans for last -mile logistics, and electric vehicles to build out its EV strategy for the rideshare space.