EzFill Signs Fleet Fueling Agreement with Buggy in Miami
EzFill Holdings, Inc. (NASDAQ: EZFL) has entered a fleet agreement with Buggy, a car rental company servicing Uber and Lyft drivers in Miami. This partnership will enable EzFill to provide regular mobile fuel delivery for Buggy's over 6,000 vehicles. The collaboration aims to enhance convenience for rideshare drivers by ensuring they have fully fueled vehicles, thereby alleviating the need for drivers to seek out gas stations. As a leader in the mobile fuel industry, EzFill is well-positioned to benefit from the growing demand for convenient fueling solutions.
- New fleet agreement with Buggy enhances service offerings.
- Potential revenue increase from servicing over 6,000 cars.
- Positioned to capitalize on declining gas stations and growing demand for mobile fuel services.
- None.
Mobile Fuel Delivery Provider to Regularly Service Leading Car Rental Company for
Uber, Lyft, and other On-Demand Ridesharing Services
MIAMI, FL, April 19, 2022 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (“EzFill” or the “Company”) (NASDAQ: EZFL), a pioneer and emerging leader in the on-demand mobile fuel industry, today announced a new fleet agreement with Buggy, effective immediately.
EzFill will provide regular mobile fuel service for Buggy, a car rental company for drivers of Uber, Lyft, and other on-demand ridesharing services in the Miami area. Buggy has more than 6,000 cars on the street in the U.S. and Mexico, with 60 million Uber trips completed over the past 10 years. Through its partnership with Uber, drivers receive free maintenance and 24/7 support.
“Thanks to our reliable mobile fuel delivery service, Buggy’s customers will have peace of mind knowing they are renting fully fueled vehicles, which allows them to spend more time focusing on serving their passengers instead of having to look for local stations to fill up their tanks,” said Mike McConnell, CEO of EzFill.
With the number of gas stations in the U.S. continuing to decline, corporate giants like Shell, Exxon, GM, Bridgestone, Enterprise, and Mitsubishi have recognized the increasing shift in commercial and consumer behavior and are investing in the fast growing on-demand mobile fueling industry. As the only company to provide fuel delivery in three vertical segments - consumer, commercial, and specialty including marinas - EzFill is well positioned to capitalize on the growing demand for convenient and cost-efficient mobile fueling options.
About EzFill
EzFill is a leader in the fast-growing mobile fuel industry, with the largest market share in its home state of Florida. Its mission is to disrupt the gas station fueling model by providing consumers and businesses with the convenience, safety, and touch-free benefits of on-demand fueling services brought directly to their locations. For commercial and specialty customers, at-site delivery during downtimes enables operators to begin their daily operations with fully fueled vehicles. For more information, visit www.ezfl.com.
About Buggy
Buggy is a car rental company for rideshare apps such as Uber and Lyft in Miami. Any driver with a DMV license can rent a vehicle from Buggy, which works with all the major rideshare apps on the market. For more information, visit www.ridebuggy.com.
Forward Looking Statements
This press release contains “forward-looking statements” Forward-looking statements reflect our current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements, include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, our ability to raise capital to fund continuing operations; our ability to protect our intellectual property rights; the impact of any infringement actions or other litigation brought against us; competition from other providers and products; our ability to develop and commercialize products and services; changes in government regulation; our ability to complete capital raising transactions; and other factors relating to our industry, our operations and results of operations. Actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. The Company assumes no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
For further information, please contact:
Investor and Media Contact
KCSA Strategic Communications
Kathleen Heaney / Joshua Greenwald
EzFill@kcsa.com
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