Everlectric

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A startup providing full-maintenance leases of commercial electric vehicles (EVs). Everlectric focuses on commercial battery electric vehicle (BEV) panel vans, targeting logistics providers and other businesses.


Location: South Africa
Website: https://everlectric.co.za/
Sector: Logistics
Funding Stage: Venture Round, Debt,
Total Funding ($m): 0
# of Founders: 3
Founding Year: 2020
Funding Year: 2025
YearAmountStageInvestors
2021$n.amVenture RoundSakhumnotho Group
2025$UndisclosedmDebtVumela Fund
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Ndia Magadagela
Co-Founder & CEO
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Venture Round $n.am
Sakhumnotho Group

Debt $Undisclosedm
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News
https://launchbaseafrica.com/2025/02/11/south-africas-everlectric-secures-venture-debt-funding-to-accelerate-ev-adoption/