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Reach Your Driver Goals:
The TNC Campaign
Tegan Molloy, Program Manager
April 9, 2019
1. Industry development
2. Policy advocacy
3. Direct consumer engagement
4. Demonstration and pilot projects
Forth’s Four Areas of Work
Program Goals
Increase awareness and education
around EV adoption in rideshare
Identify unique barriers to EV adoption.
Target possible interventions to support the
transition.
Establish best practices that can be used by others
around the country.
Check out: evsharedmobility.org
Phase 1: #DriverGoals Campaign
Phase 1: #DriverGoals Campaign
Phase 1: #DriverGoals Campaign
Phase 2: #DriverGoals Campaign
Jonathan Pratt Photography
Phase 2: #DriverGoals Campaign
Video Vignettes of Drivers
Filmed interviews with drivers sharing their goal
Will animate dream coming to life
Promote savings with driving electric
Creating more resources that help facilitate EV adoption
In development
Longer-term engagement through
community building with drivers
Work closely with partners to build
momentum and expand reach
Ride & drives / test drives at the
Go Forth Electric Showcase
Launch Low-income Financing Pilot
Phase 3: Shift awareness into adoption
Lack of access to financial
products (underbanked)
Price discrimination
Limited selection at
dealerships
Challenge:
Financial
Access to EVs
What if you’re
not eligible for
low-financing?
Option 1: Subprime Auto Loans
1 in every 5 auto loans is to a
borrower with poor credit
(600 FICO or lower)
Average cost of a subprime loan for Q4 of
2018 was 12.71%
Some rates may be as high as 29%; folks
may owe more than car is worth
Option 2:Short-Term Rental Market
A temporary solution
(weekly/monthly)
Expensive: up to 4x cost of traditional lease
Short-term rentals of electric cars are rare
but could help inform a next purchase
Rent-to-earn models for ride-hailing drivers
Designed for ride-hailing drivers
Builds upon #DriverGoals Campaign
Finance the purchase of used EVs: car is a
revenue generating asset
Navigate needs of unique set of drivers
Ability to get out of a loan if life-situation
suddenly changes
Ensure access to charging
Alternative: Forth’s “Charge Your Ride” Pilot Program
Increase driver net income
Financial health improved
New economic opportunities
Air quality benefits &
reduced CO2
Increased access to electric
car adoption
Desired
Outcomes
Thank you!
Write: TeganM@forthmobility.org
Four U.S. cities have joined together to demonstrate the potential for electric shared mobility services.
With funding from the U.S. Department of Energy and a team of valuable partners, “Making the Business
Case for Smart, Shared, and Sustainable Mobility Services” aims to accelerate the adoption of electric
vehicles in shared mobility applications and to establish best practices that can be used by others around
the United States. The project, led by the City of Seattle and Atlas Public Policy, brings together the U.S.
Department of Energy’s Energy Efficient Mobility Systems program and major industry stakeholders with
the cities of Seattle, New York, Portland, and Denver to test different electric, shared mobility
interventions. More information is available at www.evsharedmobility.org.
This material is based upon work supported by the
U.S. Department of Energy’s Office of Energy Efficiency
and Renewable Energy (EERE) under the Vehicles
Technologies Office (VTO) Deployment Award Number
DE-EE0008261.

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Reach Your Driver Goals: The TNC Campaign by Tegan Molloy

  • 1. Reach Your Driver Goals: The TNC Campaign Tegan Molloy, Program Manager April 9, 2019
  • 2. 1. Industry development 2. Policy advocacy 3. Direct consumer engagement 4. Demonstration and pilot projects Forth’s Four Areas of Work
  • 3. Program Goals Increase awareness and education around EV adoption in rideshare Identify unique barriers to EV adoption. Target possible interventions to support the transition. Establish best practices that can be used by others around the country. Check out: evsharedmobility.org
  • 7. Phase 2: #DriverGoals Campaign Jonathan Pratt Photography
  • 8. Phase 2: #DriverGoals Campaign Video Vignettes of Drivers Filmed interviews with drivers sharing their goal Will animate dream coming to life Promote savings with driving electric Creating more resources that help facilitate EV adoption
  • 9. In development Longer-term engagement through community building with drivers Work closely with partners to build momentum and expand reach Ride & drives / test drives at the Go Forth Electric Showcase Launch Low-income Financing Pilot Phase 3: Shift awareness into adoption
  • 10. Lack of access to financial products (underbanked) Price discrimination Limited selection at dealerships Challenge: Financial Access to EVs
  • 11. What if you’re not eligible for low-financing?
  • 12. Option 1: Subprime Auto Loans 1 in every 5 auto loans is to a borrower with poor credit (600 FICO or lower) Average cost of a subprime loan for Q4 of 2018 was 12.71% Some rates may be as high as 29%; folks may owe more than car is worth
  • 13. Option 2:Short-Term Rental Market A temporary solution (weekly/monthly) Expensive: up to 4x cost of traditional lease Short-term rentals of electric cars are rare but could help inform a next purchase Rent-to-earn models for ride-hailing drivers
  • 14. Designed for ride-hailing drivers Builds upon #DriverGoals Campaign Finance the purchase of used EVs: car is a revenue generating asset Navigate needs of unique set of drivers Ability to get out of a loan if life-situation suddenly changes Ensure access to charging Alternative: Forth’s “Charge Your Ride” Pilot Program
  • 15. Increase driver net income Financial health improved New economic opportunities Air quality benefits & reduced CO2 Increased access to electric car adoption Desired Outcomes
  • 17. Four U.S. cities have joined together to demonstrate the potential for electric shared mobility services. With funding from the U.S. Department of Energy and a team of valuable partners, “Making the Business Case for Smart, Shared, and Sustainable Mobility Services” aims to accelerate the adoption of electric vehicles in shared mobility applications and to establish best practices that can be used by others around the United States. The project, led by the City of Seattle and Atlas Public Policy, brings together the U.S. Department of Energy’s Energy Efficient Mobility Systems program and major industry stakeholders with the cities of Seattle, New York, Portland, and Denver to test different electric, shared mobility interventions. More information is available at www.evsharedmobility.org. This material is based upon work supported by the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) under the Vehicles Technologies Office (VTO) Deployment Award Number DE-EE0008261.