50440
Evm Evolution Mobility S.A.
Aug 18, 2026
Brazil
Latin America and the Caribbean
Sep 30, 2026
B - Limited
Pending Approval
Aug 18, 2026
CN6L2 - Regional Industry INF LAC & EUR/INR LAC2: Southern Cone & Brazil
Infrastructure
Other (Including General Freight Trucking)
Blended Finance
The Project consists of supporting the short-term capex growth of Evolution Mobility S.A. (“EVM”), a Brazil-based Fleet-as-a-Service (FaaS) platform focused exclusively on battery electric vehicles (BEVs) for last-mile logistics and commercial operations. EVM provides long-term, inflation-linked leasing contracts (typically 5–8 years) bundled with value-added services including fleet diagnostics, vehicle procurement, maintenance management, charging infrastructure, digital fleet monitoring, and operational support.
EVM is a first mover in Brazil’s commercial BEV FaaS segment and currently operates a contracted fleet of more than 1,000 vehicles serving 30 clients across e-commerce, retail, logistics, and infrastructure sectors. The Project will finance the expansion of EVM’s BEV fleet and associated charging infrastructure in Brazil during 2026–2027, enabling the deployment of approximately 500 additional electric vans and trucks under pre-contracted pipeline agreements. The Project supports the electrification of commercial fleets, increasing economic efficiency and reducing transport-related GHG emissions, and contributes to the development of Brazil’s nascent electric mobility ecosystem.
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Local Access of Project Documentation
Summary of Investment Information of Evolution Mobility (50440), in Brazil.