EVmo Inc (OTCMKTSYAYO) CEO Stephen Sanchez tells Proactive the provider of vehicles to the rideshare and delivery gig economy sector, will acquire a fleet of Tesla (NASDAQ:TSLA) electric vehicles and committed to going all-electric by the end of the year. Sanchez says the decision to double down on EVs reflects past announcements from companies including Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT), both of which have pledged to exclusively utilize EVs by 2030. General Motors Company (NYSE:GM) has said it plans to completely phase out vehicles using internal combustion engines by 2035.
EVmo to go all-electric by the end of 2021 with new fleet of Tesla vehicles
