Presto

Hundreds of locations, over two years, and tens of thousands of EV renters later...here's what I've learned about EV charging in the rental car industry from visits to airports, charging stations, and local rental car counters from LA, to NYC, to Miami. 🪫 The "23% battery" headache. Opportunity cost is real. Renters in a rush to catch flights will happily pay a fee to drop a car off empty. For fleet managers, this is a logistical nightmare. For the next renter? It's a bad first impression. 🤝 Trust is key. Drivers need to know the session will work, the price is fair, and that if something goes wrong, someone has their back. 🥇 The best fleet operators are the best coaches. High-performing locations don't just hand over the keys. They provide advice on nearby stations, regen braking, and charging speeds. What’s something you’ve learned from renting an EV?

For nine years, we’ve been making investments in founders solving climate problems that felt too hard, too capital-intensive, or too early. Our annual Impact Report for 2025 is what it looks like when those investments start paying off. Not in projections. In product shipped, megawatts managed, acres monitored, tons avoided. In companies that started as seed investments now operating at meaningful commercial scale and generating real, measurable climate impact in the process. The climate challenge runs through infrastructure, food systems, supply chains, insurance markets, and the lived experience of everyday life. The companies in this report work at all of those intersections. Increasingly, they’re doing it at scale. This is our sixth impact report, we’re moving from potential to proof. Get onboard! Full report in the first comment.

SF Climate Week is almost here and the future of autonomy is taking center stage. 🌍 At Obvious Ventures, we’re diving deep into how transportation is being reshaped across air, ground, and sea. One theme keeps surfacing: electrification and autonomy aren’t just parallel trends—they are a positive feedback loop. I just published a new piece on Obvious Ideas, “The Next Phase of Electrification Will Drive Itself,” exploring why autonomy is the intelligence layer that finally unlocks the full potential of electrified systems. 👉 Read the full piece here: https://lnkd.in/ga_T7K-w If you’re in SF for Climate Week, join us for our three-part Autonomy Series to hear about these systems in action: ✈️ April 20 | Autonomy in Flight Focusing on autonomous air mobility and electric propulsion. RSVP: https://lnkd.in/gV5QgcBz 🚗 April 22 | Autonomy on Wheels (with G2 Venture Partners) The intelligence layer behind fleet electrification and ground deployment. RSVP: https://lnkd.in/gRtNWVnv ⛴️ April 23 | Autonomy at Sea (with Propeller Venture Capital) Modernizing shipping and decarbonizing maritime systems. RSVP: https://lnkd.in/g9k777Pd We’ve curated a group of leading voices across air, ground, and sea to share what’s next, including Michael Norcia Robert Rose Christabelle B. Gagan Dhillon JJ Raynor Frances Bell Nick Nguyen Lior Ron Bruce Baumgartner Brook Porter Rodrigo J Prudencio Reece Pacheco Caitlin Hardy Sampriti Bhattacharyya Steven Henderson Nelson Mills Space is limited. We’re prioritizing founders, operators, and investors actively building in this space. If that’s you, I’d love to see you there! #SFClimateWeek #ClimateTech #Autonomy #Electrification #VentureCapital

NAFA Fleet Management Association Day 1, whew! Incredible to see so many fleet operators and real-world deployers together in one place, and having so many conversations about electrification. We had great participation in multiple consecutive electrification sessions - awesome to see. It’s been great to catch up with folks and really dig into what fleets are seeing on the ground, especially around: 🚛🛻🚘The critical importance of selecting the right solutions for each fleet - and they’re different, fleet by fleet. 💪Finding ways to do more with less - including using the infrastructure (like public charging networks) that are already installed, around us. 👷♀️👏Not being afraid to ask for help. No one person, or one fleet manager, should have to be an expert in everything. There are other people and companies here that can help a fleet design the right mix of solutions for them as they electrify. Thank you to everyone who joined us for the great conversation earlier today. Let’s keep the conversation going - come find Scott Oltmann, MBA and I at booth #492 for the next two days!

I was delighted to join the team at Monta for their recent webinar on roaming, and to share Presto learnings from fleets with many of our network partners. Key takeaways included: Visibility is the start, not the end: networks must get in front of fleets and drivers, but reliability, price, availability, and other factors play a big role in driving fleet utilization. Regional coverage and key locations can be strategic, especially for fleets - sometimes more so than sheer density. More fleets (and networks!) are looking at site factors like amenities, size, maneuverability and more to create valuable places to stop and charge. Webinar available here → https://lnkd.in/gQButSda