The nation’s first employee-only zero-emission taxi company is now owned by a New Jersey firm, it announced Wednesday.Southampton-based energy services holding company Liberated Energy Inc. has finalized its previously announced purchse of EcoCab Portland LLC, which serves the Portland, Oregon, area using luxury Teslas for nonemergency medical transportation, Liberated said in a news release.
EcoCab, which uses a mobile app for calls in a fashion similar to Uber and Lyft, is now a fully owned subsidiary of Liberated.
“The traditional health care transportation model is severely outdated,” Ron Knori, EcoCab’s CEO, said in a prepared statement. “We are currently in discussions to launch the EcoCab brand across the United States, utilizing our luxury electric zero-emission vehicles with drivers delivering five-star hospitality experiences while also reinventing the medical transportation model to provide transportation to millions of seniors and retiring baby boomers who require caring, respectful transportation.
“Miami, Toledo and Phoenix are on our immediate horizon.”
Liberated cited statistics showing about 3.6 million Americans miss medical appointments annually because of transportation issues, while Medicaid pays up to $3 billion per year for nonemergency medical transportation.
“EcoCab is incredibly relevant in today’s market, and goes along with our focus of reducing the carbon footprint on our planet,” Brian Conway, Liberated’s CEO, said in a statement. “It’s a simple model: More cars equal more revenue, more cities.”
Financial terms of the deal were not disclosed.