Carnex announces strategic focus on electric vehicles and positions itself as a leader in electric vehicles

carnex.ca

carnex.ca

carnex.ca

TORONTO, ON, Canada, Jan. 17, 2022 (GLOBE NEWSWIRE) — Carnex.ca, a leading vehicle e-commerce platform, is pleased to announce its official strategic transition into the electric vehicle (EV) resale market.

The transition will allow Carnex.ca to buy and sell used electric vehicles. As Canada’s first electric vehicle-only e-commerce platform, founder and CEO Bruce Wu said, “As nations scramble to transform their energy sectors to reduce carbon emissions, renewable energy will play a central role in the economy of the future, with… Electric vehicles play a crucial option for consumers.”

As part of the transition, Carnex.ca has implemented a seamless online experience for customers to review their desired vehicles and make purchases just as they would buy any other consumer product online. Customers can review images and vehicle performance specifications from the comfort of their own home, allowing them to make an informed purchase without having to visit in person. In addition, Carnex will provide aftermarket services specifically tailored for EVs, including test drives, charging products and services, EV accessories, training and technical support.

In recent years, EV’s advanced digital cockpits and connected vehicle networks have received excellent response from consumers. But these features tend to be expensive and present a high barrier to entry. Through the transition, Bruce wants to lower the cost barrier to electric vehicles so all Canadians can experience the benefits they offer and increase efforts to protect the environment.

Bruce became an entrepreneur in the automotive market after graduating from University in Ontario. Now, with more than eight years of experience, he has identified a significant problem in the Canadian aftermarket EV market.

“Tesla does not have a franchised dealer network in Canada, resulting in inadequate aftermarket support,” Bruce said. “Most major EV manufacturers such as Tesla, RIVIAN, LUCID and NIO still have a direct sales approach to their customers. Carnex hopes to close this service gap.”

Carnex currently has a core team of more than ten industry experts with extensive experience in the automotive and e-commerce platforms. As online vehicle purchases gain broader consumer acceptance, Carnex hopes to offer Canadians a complete shopping experience both online and offline.

The internet has become the leading channel for vehicle transactions and the industry is taking notice. Recent successes include Soft Bank’s $360 million investment in Carro during its Series C funding round in June 2021 and its $67.7 million investment in vehicle bidding startup Motorway.

About Carnex

Carnex.ca is Canada’s first e-commerce platform for used electric vehicles, with the electric vehicle company’s headquarters in Toronto, Ontario. Its core management team has been specializing in the automotive industry for more than ten years – mainly in China, which is home to the world’s largest market for electric vehicles. Carnex’s monthly sales currently exceed CA$1 million. His leadership has recognized that the potential EV market is huge as more customers seek high-quality, green EV products and services. That’s why the founders want to bring the convenience and benefits of electric vehicles to everyone. To this end, Carnex.ca is dedicated to providing customers with EV knowledge and meeting consumer needs with after-market services such as EV test drives; technical advice, for its local customers in Canada they now also offer online car selection; online loans; online replacement; and door-to-door auto delivery.

Visit www.carnex.ca for more details.

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CONTACT: Yang Du Carnex 9053246179 [email protected]

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