Envoy Technologies operates an EV car-sharing platform in the U.S., placing fleets of electric vehicles at private properties — primarily apartment buildings, hotels, and office buildings — where residents, guests, and employees can book them by the hour, day, or week through a mobile app. Envoy's customers are primarily private property owners and real estate developers (such as Greystar and The Related Companies) who offer EV access as a premium amenity to attract tenants. Envoy also serves cities, housing authorities, and non-profits that fund EV-sharing programs for underserved communities, supported in part by grant funding. Envoy generates revenue through one-time site onboarding fees, recurring monthly service fees from property owners, and booking fees from end-users (of which Envoy shares roughly half with the property owner). A key feature of the model is that Envoy leases EVs only after securing a signed agreement with a property owner, avoiding inventory risk; the property owner also provides parking and electricity. As of early 2025, Envoy had roughly 300 EVs deployed across more than 150 locations in over 50 cities. The company is majority-controlled by Blink Charging, which acquired Envoy in 2023 and continues to fund its operations. Envoy is bound by an exclusive supply agreement requiring it to source all EV charging hardware from Blink for five years post-listing. The company carries a going concern qualification and remains deeply unprofitable.