Envoy Technologies Inc. has launched its electric vehicle car-sharing service at Forma Miami Residences, a luxury residential development owned by Crescent Heights. This marks Envoy's first collaboration with Crescent Heights and represents a significant expansion of its footprint in South Florida. The service offers residents access to a Tesla Model 3 through Envoy's amenity-based mobility platform.
Envoy Technologies Inc. has announced the launch of its electric vehicle (EV) car-sharing service at Forma Miami Residences, a luxury residential development owned by Crescent Heights. This marks Envoy's first collaboration with Crescent Heights and represents a significant expansion of its footprint in South Florida [1].
The service offers residents exclusive access to a Tesla Model 3 through Envoy's amenity-based mobility platform. The Tesla Model 3 is deployed as an on-site amenity, providing residents with a convenient, sustainable, and zero-emission transportation option. The integration of this service enhances Forma Miami's existing luxury offerings and prime Brickell location, further elevating the property's status in Miami's competitive luxury real estate market [1].
Aric Ohana, CEO & co-founder of Envoy, stated, "Our inaugural collaboration with Crescent Heights at Forma Miami brings together two innovation leaders in their respective industries. By integrating our car-sharing service, we're providing a cutting-edge amenity that aligns perfectly with Crescent Heights' reputation for pioneering luxury living experiences that anticipate and exceed resident expectations" [1].
Envoy operates a vertically integrated car-sharing model, combining vehicle leasing, telematics insurance, and fleet management to deliver a turnkey mobility solution. The company's expansion in Miami includes several other luxury properties, with plans for continued growth throughout South Florida and in key cities across the US [1].
The launch of Envoy's service at Forma Miami is part of a broader trend of integrating EV car-sharing services into luxury residential developments. This trend aligns with the growing demand for sustainable and convenient transportation options, especially in urban areas. As remote work and flexible lifestyles reshape urban transportation needs, services like Envoy's EV car-sharing offer a cost-effective, zero-emissions alternative to vehicle ownership, supporting sustainability while eliminating parking and maintenance hassles for residents [1].
For Crescent Heights, the partnership with Envoy represents another industry-first innovation. Kevin Reichert, National Development Manager at Crescent Heights, commented, "Many of the features offered at Forma, from its first-in-South Florida residential Mitsubishi Electric destination elevators to its very own Somadome meditation pod, are unprecedented in our industry and set a new standard for apartment living. This collaboration with Envoy delivers yet another best-in-class service that elevates the resident experience in ways that only Crescent Heights properties can offer" [1].
Envoy's business model generates revenue through hourly rentals, B2B partnerships, and fleet optimization. While the deployment of a single Tesla Model 3 at Forma Miami will produce negligible income, the strategic value lies in establishing a relationship with Crescent Heights, which owns numerous luxury properties nationwide. This relationship could potentially create a pipeline for future deployments [2].
References:
[1] https://www.globenewswire.com/news-release/2025/06/11/3097543/0/en/Crescent-Heights-Unveils-Envoy-s-Premium-EV-Car-Sharing-at-Forma-Miami-Residences.html
[2] https://www.stocktitan.net/news/BLNK/crescent-heights-unveils-envoy-s-premium-ev-car-sharing-at-forma-hsd25bw7k04f.html
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