{"id":473574,"date":"2021-04-08T08:50:15","date_gmt":"2021-04-08T12:50:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473574"},"modified":"2021-04-08T08:50:15","modified_gmt":"2021-04-08T12:50:15","slug":"fleetcor-invests-in-uk-electric-vehicle-re-charging-software-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fleetcor-invests-in-uk-electric-vehicle-re-charging-software-company\/","title":{"rendered":"FLEETCOR\u00ae Invests in UK Electric Vehicle Re-Charging Software Company"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>FLEETCOR<sup>\u00ae<\/sup> Invests in UK Electric Vehicle Re-Charging Software Company<\/b><\/p>\n<p class=\"bwalignc\"><b><i>EV Business Model in the U.K. Could Translate Worldwide<\/i><\/b><\/p>\n<p>ATLANTA&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.fleetcor.com%2F&amp;esheet=52408681&amp;newsitemid=20210408005526&amp;lan=en-US&amp;anchor=FLEETCOR+Technologies%2C+Inc.&amp;index=1&amp;md5=2e74d733c704eb8f802b0fe5dc357769\">FLEETCOR Technologies, Inc.<\/a> (NYSE: FLT), a leading global business payments company, today announced it has made a minority investment in <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.mina.energy%2F&amp;esheet=52408681&amp;newsitemid=20210408005526&amp;lan=en-US&amp;anchor=Mina&amp;index=2&amp;md5=be270143970768a72b577ddc826d73b2\">Mina<\/a>, a cloud-based digital software platform that simplifies charging and payments management for commercial fleets with electric vehicles (EVs).\n<\/p>\n<p>\nThe Mina platform integrates with home and work charging points throughout the United Kingdom, to accurately capture energy costs. Mina is the UK\u2019s only EV charging solution which credits payment for the drivers\u2019 energy used while charging at home for business purposes to their energy provider, eliminating cumbersome expense reimbursement processes. This makes paying for EV re-charging accurate and easy for employers and employees. By removing the payment complexities traditionally associated with expense reclaim and EV charging, FLEETCOR<sup>\u00ae<\/sup> can provide the Mina solution to commercial fleet customers transitioning to EV.\n<\/p>\n<p>\n\u201cThe Mina EV investment is the first step in our plan to support our fleet clients\u2019 needs to both re-fuel and re-charge their company vehicles, whether on the road or at home. Early market adoption suggests our clients value Mina\u2019s re-charge energy capture and automatic utility payment, and are supportive of paying a software subscription fee for the simplicity and integration,\u201d said Ron Clarke, FLEETCOR Chairman and CEO.\n<\/p>\n<p>\n\u201cBy 2025, 75 percent of all EVs will be owned by businesses. For drivers, their homes will be an important location to charge vehicles. Most fleet operators want to support home charging, but are challenged in how best to handle driver reimbursement,\u201d said Ashley Tate, Mina co-founder and CEO. \u201cOur award-winning technology offers businesses the simplest solution.\u201d\n<\/p>\n<p>\nFor a comprehensive view into FLEETCOR\u2019s perspective on the adoption of EV among commercial fleets, watch this <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.fleetcor.com%2F&amp;esheet=52408681&amp;newsitemid=20210408005526&amp;lan=en-US&amp;anchor=video&amp;index=3&amp;md5=712e3df1b412ad5f8dcfbd13004e6273\">video<\/a> on our Investor website.\n<\/p>\n<p><b>About FLEETCOR<sup>\u00ae<\/sup><\/b><\/p>\n<p>\nFLEETCOR Technologies (NYSE: FLT) is a leading global business payments company that simplifies the way businesses manage and pay their expenses. The FLEETCOR portfolio of brands help companies automate, secure, digitize, and control payments on behalf of their employees and suppliers. FLEETCOR serves businesses, partners and merchants in North America, Latin America, Europe, and Asia Pacific. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.FLEETCOR.com&amp;esheet=52408681&amp;newsitemid=20210408005526&amp;lan=en-US&amp;anchor=www.FLEETCOR.com&amp;index=4&amp;md5=e7a9e0f38f219601f4acdb851ece4199\">www.FLEETCOR.com<\/a>.\n<\/p>\n<p><b>About Mina<\/b><\/p>\n<p>\nMina is an award winning Electric Vehicle (EV) charging payment startup with a mission to make EV charging radically simple. Mina has the UK\u2019s only charging solution which allows fleet vehicles to be charged at home, crediting payment for the drivers\u2019 energy used directly to their energy supplier. This makes paying for EV charging accurate and easy for employers and employees. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.mina.co.uk&amp;esheet=52408681&amp;newsitemid=20210408005526&amp;lan=en-US&amp;anchor=www.mina.co.uk&amp;index=5&amp;md5=82ea0bfefeb36747d4b6b5ae66d514c0\">www.mina.co.uk<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210408005526r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210408005526\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210408005526\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations<br \/>\n<br \/>Jim Eglseder, 770-417-4697<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Jim.Eglseder@fleetcor.com\">Jim.Eglseder@fleetcor.com<\/a><\/p>\n<p>\nMedia Relations<br \/>\n<br \/>Chad Corley, 770-729-5021<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Chad.corley@fleetcor.com\">Chad.corley@fleetcor.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe United States United Kingdom North America Georgia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Alternative Vehicles\/Fuels Finance Automotive Banking Accounting Professional Services Software Fleet Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210408005526\/en\/822531\/3\/UPDATED_Fleetcor_logo_1200x1200.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>FLEETCOR\u00ae Invests in UK Electric Vehicle Re-Charging Software Company EV Business Model in the U.K. Could Translate Worldwide ATLANTA&#8211;(BUSINESS WIRE)&#8211;FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has made a minority investment in Mina, a cloud-based digital software platform that simplifies charging and payments management for commercial fleets with electric vehicles (EVs). The Mina platform integrates with home and work charging points throughout the United Kingdom, to accurately capture energy costs. Mina is the UK\u2019s only EV charging solution which credits payment for the drivers\u2019 energy used while charging at home for business purposes to their energy provider, eliminating cumbersome expense reimbursement processes. This makes paying for EV re-charging accurate and easy for employers &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fleetcor-invests-in-uk-electric-vehicle-re-charging-software-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FLEETCOR\u00ae Invests in UK Electric Vehicle Re-Charging Software Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473574","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FLEETCOR\u00ae Invests in UK Electric Vehicle Re-Charging Software Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fleetcor-invests-in-uk-electric-vehicle-re-charging-software-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FLEETCOR\u00ae Invests in UK Electric Vehicle Re-Charging Software Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FLEETCOR\u00ae Invests in UK Electric Vehicle Re-Charging Software Company EV Business Model in the U.K. Could Translate Worldwide ATLANTA&#8211;(BUSINESS WIRE)&#8211;FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has made a minority investment in Mina, a cloud-based digital software platform that simplifies charging and payments management for commercial fleets with electric vehicles (EVs). The Mina platform integrates with home and work charging points throughout the United Kingdom, to accurately capture energy costs. Mina is the UK\u2019s only EV charging solution which credits payment for the drivers\u2019 energy used while charging at home for business purposes to their energy provider, eliminating cumbersome expense reimbursement processes. 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(NYSE: FLT), a leading global business payments company, today announced it has made a minority investment in Mina, a cloud-based digital software platform that simplifies charging and payments management for commercial fleets with electric vehicles (EVs). The Mina platform integrates with home and work charging points throughout the United Kingdom, to accurately capture energy costs. Mina is the UK\u2019s only EV charging solution which credits payment for the drivers\u2019 energy used while charging at home for business purposes to their energy provider, eliminating cumbersome expense reimbursement processes. 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