FAQ:

What does Zeti do?

Zeti acts as the conduit between institutional finance and fleet operators. 

Essentially making capital available for fleet operators to make the switch to zero-emission vehicles via a pay-as-you-drive financing model.

Pay-as-you-drive finance means there is a fixed per-mile cost that a fleet operator will pay for each mile driven.

Is this vehicle leasing?

Zeti offers pay-per-mile financing where you only pay for the miles contracted to you. 

It is up to the customer which of our models they want to follow. These are:

  1. A loan facility is made available to you to purchase the vehicles required. You will repay this loan facility via a contracted mileage at a fixed cost-per-mile. 
  2. Similar to a PCP financing model, you pay a fixed cost-per-mile for a contracted mileage. Once this contracted mileage has been achieved, you can keep the vehicle by making the optional balloon payment.

Who owns the vehicle?

  1. For the loan facility option, the operator owns the vehicle.
  2. For the PCP style financing model, the financier owns the vehicle unless the balloon payment is made.

Where does the finance come from to buy these vehicles?

This comes from financial institutions. We are now seeing these financiers being given license to solely invest in eco-focused initiatives and we want to facilitate this to fleet operators via an award-winning pay-per-mile financing model.

Do you just finance taxis?

We can support the finance of any commercial vehicle. These include industries such as logistics, transport and many many more. 

Can Zeti fund any vehicle?

We will only support the funding of zero or ultra-low emission vehicles.

What is ZERO?

ZERO is the technology platform that Zeti is based upon. 

Through a login portal, this allows financiers to see how their investment is performing in real-time. 

In the near future, there will also be a portal for fleet operators to manage their billing information and view how their vehicles are functioning.

ZERO is constantly evolving, and new features are being developed by our technology team every week, watch this space!

Does Zeti finance consumers?

Zeti does not directly provide its pay-per-mile product to consumers. However, this is on the horizon. Stay tuned!

How is the mileage monitored?

The mileage is monitored via a telematics device in your car; think of it as a smart meter.

Do you only operate in the UK?

At the moment we only operate in the UK but we welcome opportunities from financiers and fleet operators in Europe or North America. We hope to expand even further in the next few years!

Why don’t you have a cookie banner on your website?

Because we don’t use cookies on our public website. We believe deeply in data privacy and security, and don’t think that when you visit our public website you should be tracked as an individual. We use a tool called Fathom Analytics which allows us to get the key aggregate data that we need to improve our website without violating your privacy and without using cookies - therefore we don’t need a banner. On our signed-in websites, like https://investor.zeti.co.uk, we use essential cookies to manage the login process - without this the websites would not function at all. Our cookie policy and the details of all of those cookies is here.

Company Information


Zeti Limited
Epworth House, 25 City Road
London
EC1Y 1AA
Company Number: 12602918
VAT Number: 352342815

Zeti, Inc.
2450 Colorado Avenue
Santa Monica
CA 90404

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