Oceântia Electric Buses

CO2-zero transportation for a green future.

Investment overview

Impact category

Green economy

Investment type

Loan

Yearly interest

Term

months

Risk level

What will you be financing?

In the environmental emergency scenario we are facing, caused by climate change, it is urgent to perform an accelerated shift from vehicles with traditional engines to new electric motor vehicles with 0% CO2 emissions. This is the mission of the Portuguese start-up OCEÂNTIA.

The funds raised through this campaign are intended to finance the initial investment in the development of a new electric bus with 0% CO2 emissions.

OCEÂNTIA is developing a new model for an electric bus with 0% CO2 emissions, high capacity batteries, a modern and attractive design, and high interior comfort, ideal for public transport and school transport in companies and municipalities.

Each OCEÂNTIA electric bus that replaces an old combustion engine bus will save up to more than 1.000 tons of CO2 over its lifetime.

This new model has attracted the interest of Municipalities and Transportation Operators, to be used in public passenger transport services, school transport services, and tourism services.

The launch date for the Portuguese and Spanish markets is scheduled for the second half of 2022 and the expansion to the rest of the European market is expected to start in 2023.

What is the impact?

Direct

Reduction of GHG (greenhouse gases) and CO2 emissions from transportation: while avoiding up to 6.9 tonnes of CO2 per year, the electrical bus from Oceântia is a part of a sustainable transport systems strategy, that supports the reduction of cities’ environmental impact per capita. The CO2 avoided in this campaign is equivalent to planting 3165 trees every year.

Indirect

Promotion of innovation towards sustainability in Portugal: the Oceântia electrical fleet is based on innovative processes in Portugal to develop zero-emission buses. The development and construction of the fleet represent technical know-how and jobs created in Portugal.
Creation of jobs: Oceântia plans to hire 11 people to work in the planning, construction, and sales of electric vehicles.

Impact indicators
‍

69621

CO2 avoided per year

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

Oceântia, Lda

Direct

Reduction of GHG (greenhouse gases) and CO2 emissions from transportation: while avoiding up to 6.9 tonnes of CO2 per year, the electrical bus from Oceântia is a part of a sustainable transport systems strategy, that supports the reduction of cities’ environmental impact per capita. The CO2 avoided in this campaign is equivalent to planting 3165 trees every year.

Indirect

Promotion of innovation towards sustainability in Portugal: the Oceântia electrical fleet is based on innovative processes in Portugal to develop zero-emission buses. The development and construction of the fleet represent technical know-how and jobs created in Portugal.
Creation of jobs: Oceântia plans to hire 11 people to work in the planning, construction, and sales of electric vehicles.

Promoter website

https://oceantia.pt/

Team
‍

[{"id":48,"promoter_id":246,"name":"Valter Duarte","description":"Valter is an Engineer with an MBA and has more than 20 years of experience in the transportation field, both in the private and public sectors.","link":"https://www.linkedin.com/in/valterduarte/","role":"Managing Partner","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/64a/d18/080/64ad180805d35351677958.jpeg","avatar_id":103845}]

Business Model
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