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Envoy Technologies Enters Midwest, Extending Its Reach in $24.6 Billion U.S. Student Housing Market

  • Envoy Technologies launched its fully managed on-demand EV car-sharing service at Blume on 16th, a luxury student housing community in Columbus, Ohio.
  • This launch marks Envoy's entry into the Midwest region & its first deployment with developer Up Campus Properties.
  • The service provides residents with access to a Tesla Model 3 located on-site, eliminating the need for personal vehicle ownership.
  • Envoy manages all operational responsibilities including insurance, maintenance, charging & resident support to reduce complexity for property operators.
  • The U.S. student housing market is projected to reach $24.56 billion in 2026 & grow to $35.65 billion by 2031 according to Mordor Intelligence.
  • Envoy operates as a wholly owned subsidiary of Dot Ai (Nasdaq: DAIC) & is headquartered in Los Angeles, California.
  • Up Campus Properties specializes in student housing near universities & currently manages communities totaling nearly 14,000 beds across 16 universities.
Company
CID Holdco, Inc.
Keywords
Nasdaq:DAIC, CID Holdco, Inc.