Global Innovation Leader Rush Doshi Joins as Advisor to DriveItAway Holdings, Inc (OTC: CLCN)

Rhea-AI Summary

DriveItAway Holdings Inc. (OTCQB: CLCN) announced the appointment of Rushab Doshi as a strategic advisor to enhance its employee-focused vehicle ownership program. With a focus on aiding entry-level employees, Doshi aims to facilitate access to transportation, which has been identified as a significant barrier to employment success. CEO John F. Possumato highlighted recent milestones, including the company's public status and commitment to electric vehicle (EV) ownership as part of their program. The initiative aligns with social and sustainability goals, addressing employer recruitment and retention challenges.

Positive

• Appointment of Rushab Doshi as a strategic advisor to enhance the vehicle ownership program.
• Focus on enabling entry-level employees' access to transportation, improving recruitment and retention.
• DriveItAway's commitment to electric vehicle ownership aligns with sustainability goals.

Negative

• None.

Former Entrepreneur in Residence of EmployBridge & Citi to advise DriveItAway in Providing Employer ESG/EV Focused Entry Level Employee Transportation Solutions

“Lack of transportation in the single largest impediment to entry level employee success, we are thrilled to have Rush Doshi help us reach out to large national employers to solve this problem,” John F. Possumato, CEO, DriveItAway Holdings Inc.

PHILADELPHIA, May 09, 2022 (GLOBE NEWSWIRE) -- DriveItAway Holdings, Inc. (“DIA”) OTCQB: CLCN) the industry leader in automotive dealer new mobility platforms, with its revolutionary subscription to purchase technology, announces today that Rushab Doshi, noted entrepreneur-in-residence and new venture builder, has joined the newly public DriveItAway team as an advisor to their continued expansion in its program for large employers to enable vehicle ownership as both a means for entry level employees to get to work and to improve lives.

“We have reached several milestones as a company recently in the development and expansion of our subscription to ownership program, including now being a public company and focusing on enabling entry level folks the ability to benefit from driving and purchasing new EV vehicles currently available” says John F. Possumato, Founder and CEO of DriveItAway. “Adding Rush Doshi to our team as an advisor, is truly the next stage of our national business expansion to lead the charge in getting our message to all employers throughout the nation that our vehicle ownership enablement program dramatically increases employee recruitment and retention results, while clearly and dramatically fulfilling social and sustainability goals.”

“I most recently have reviewed extensive data on the problems a lack of personal transportation has on the success companies of hiring and retaining entry level employees throughout the US, and helped pilot the unique DriveItAway subscription to ownership program to solve this problem, in a way that not only substantially increased employer recruitment and retention, but also literally changes lives in a positive way,” says Rush Doshi, now Strategic Advisor at DriveItAway. “I joined the DriveItAway team, as I think the need and timing is right to expand this solution dramatically for all companies that want greater success in employee recruitment and retention and are focused on tangible and measurable ESG goals. As DriveItAway now enables credit or down payment challenged employees the ability to drive to buy new EV vehicles, we squarely achieve both the “E” and “S” in auditable ESG achievements.”

Rush Doshi has a wealth of experience in leading groundbreaking, technology driven innovation. Doshi was most recently GM/Entrepreneur in Residence at EmployBridge, the largest industrial staffing firm in the U.S. with over 80,000 employees a week, focused on improving the lives of blue-collar workers, particularly in the area of transportation and vehicle access and ownership. He also has been Entrepreneur in Residence for Citi in the incubation of new products and services, and Innovation Director of MetLife (Asia), as well as founding and growing a number of his own technology based innovative start-ups.

Rush will help the DriveItAway team introduce the program to large companies in order to more effectively recruit and retain entry level employees and improve lives with access to personal transportation enabling ownership.

“Access to personal transportation, to get to and from work, is a very old problem that now can be solved in an easy, transparent and sustainable way through innovative technology and programs such as DriveItAway,” adds Doshi.

About DriveItAway

DIA is the first national dealer focused mobility platform that enables car dealers to sell more vehicles in a seamless way through eCommerce, with its exclusive “Pay as You Go” app-based subscription program. DIA provides a comprehensive turn-key, solutions driven program with proprietary mobile technology and driver app, insurance coverages and training to get dealerships up and running quickly and profitably in emerging online sales opportunities. The company is planning to soon to expand its easy and transparent consumer app ‘subscription to ownership’ platform to enable entry level consumers to drive and acquire new Electric Vehicles.  For further information, please see www.driveitaway.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect DIA’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. DIA cautions investors not to unduly rely on any forward-looking statements. The forward-looking statements speak only as of the date of this press release. DIA is under no duty to update any of these forward-looking statements after the date of this press release, nor to conform prior statements to actual results or revised expectations, and DIA does not intend to do so.

CONTACT INFORMATION:

DriveItAway Holdings, Inc.

Rod Whiton

rod@driveitaway.com

For further information, please see:

www.driveitaway.com

FAQ

What is the role of Rush Doshi at DriveItAway?

Rush Doshi has joined DriveItAway as a strategic advisor to enhance their vehicle ownership program aimed at entry-level employees.

How does DriveItAway plan to improve employee recruitment and retention?

DriveItAway plans to improve recruitment and retention by providing access to personal transportation for entry-level employees.

What recent milestones has DriveItAway achieved?

DriveItAway recently became a public company and expanded its subscription to ownership program for electric vehicles.

What is the significance of the vehicle ownership program for employers?

The program is designed to address transportation challenges faced by entry-level employees, thereby enhancing employer recruitment and retention.

What are DriveItAway's sustainability goals?

DriveItAway aims to fulfill its sustainability goals by enabling access to electric vehicles, supporting social and environmental responsibilities.