WeFlex

WeFlex provides flexible electric vehicle financing to ride-hailing drivers. The company focuses on rent-to-buy plans where customers can pay towards owning their own electric vehicle, along with additional services such as insurance and vehicle servicing. Founded in 2015 by chief executive Nicko Williamson, WeFlex currently operates across both London and Birmingham. The company is focusing on London-based drivers to support Uber’s pledge to transition all of its vehicles in the city to 100% electric by 2025. WeFlex has secured over £45m in financing to date, and achieved sales of £25.7m in 2022.