Dot Ai Subsidiary Envoy Expands New Jersey EV Car-Sharing Program, Offering No-Cost Service To Residential Properties Through $8.1M Grant Initiative

Property owners and housing providers are invited to nominate locations for Envoy's fully managed electric vehicle car-sharing service, supported by a broader $8 million grant-funded initiative.

 

JERSEY CITY, NEW JERSEY, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Envoy, a provider of on-site electric vehicle car-sharing services and a wholly owned subsidiary of CID HoldCo, Inc., doing business as Dot Ai (NASDAQ:DAIC), ("Dot AI") is inviting residential property owners and housing providers across New Jersey to nominate locations for its expanding electric car-sharing service. Participating properties will have the opportunity to offer residents access to shared electric vehicles at no cost to the building, with Envoy providing the vehicles and managing insurance, maintenance and day-to-day operations.

For property owners, the opportunity is simple: bring a new transportation amenity to their communities without purchasing vehicles or taking on the responsibility of managing them. For residents, it means having access to an electric vehicle right where they live, available to reserve by the hour or day through the Envoy app, without the costs and commitments of car ownership.