Perspective · July 15, 2022

Inglewood’s Zeem lands $50 million to expand EV fleet operation

Zeem is looking to expand its operations using a $50 million capital commitment from infrastructure and energy investor Arclight Capital Partners LLC. The investment firm has a track record of investing in businesses and assets that contribute to a decarbonized future. Zeem co-founder and CEO Paul Gioupis said many businesses would like to use EVs but are deterred by up-front costs and the time it takes to make the switch to an emissions-free fleet.