[Press Release 2021.06.21] A New Means of Transportation for the Decarbonization Era: "Zero Travel" Experiment in Kumano

Utilizing Small EVs and IT Technology to Achieve Zero CO2 Emissions During Travel

Recently, Zenmov Inc. (Headquarters: Minato, Tokyo, Representative: Kiyoshi Tanaka) and Koza MORI Co., Ltd. (Headquarters: Kushimoto Town, Wakayama Prefecture, Representative: Naoya Sakamoto) jointly conducted a social demonstration of the "Zero Travel" service, which aims to reduce the CO2 emissions of electric vehicles (EVs) to zero during travel, in Kushimoto Town. The demonstration experiment started on May 19 at the Kushimoto Highway Station and was carried out over a period of 10 days until May 28.

"Zero Travel" is an initiative that utilizes blockchain technology to allocate the environmental value generated from solar power at remote locations to the operating EVs in real time, completely eliminating the CO2 emissions during EV travel.

During the demonstration experiment in Kushimoto Town, our company provided the vehicle body and management system, and Koza MORI Co., Ltd. managed its operation as a company vehicle. Through the 10-day initiative, we successfully achieved a reduction of 48.46 kg of CO2 emissions.

(Photo: Taken by our company employees)

Zenmov Inc. also participated in the "Zero Travel" demonstration project in March 2021. Using fuel cell vehicles (FCVs), we confirmed a reduction of 14 kg of CO emissions during a round trip of 200 km from Yokohama City, Kanagawa Prefecture, to Hakone Town. In this initiative, the real-time travel measurement of FCVs was facilitated by the SMOC (Smart Mobility Operation Cloud) provided by Zenmov Inc. Zenmov Inc. and Koza MORI Co., Ltd. are promoting "Zero Travel," which aims to make all travel completely zero emissions by leveraging this system for total zero emissions while traveling. Wakayama Prefecture, which won the sustainability category in the Lonely Planet Best in Travel 2021 readers' poll among the world's famous tourist destinations, can be said to be an emblematic place that should take the lead in spreading "Zero Travel," a new tourism infrastructure in the decarbonization era. We will continue to pursue carbon-free means of transportation in this area.

Company Overview

■ Zenmov Inc.

(1) Company Name: Zenmov Inc. https://www.zenmov.com/

(2) Representative: Representative Director Sumio Tanaka

(3) Head Office Location: 801 Room, 13th Floor, Area Shinagawa, 1-9-36 Konan, Minato, Tokyo

(4) Established: September 2019

(5) Major Shareholders: Kiyoshi Tanaka, Broadleaf Co., Ltd. (TSE First Section 3673)

(6) Capital: 101,975 thousand yen (including capital reserve)

■ Koza MORI Co., Ltd.

(1) Company Name: Koza MORI Co., Ltd.

(2) Representative: President & Certified Public Accountant Naoya Sakamoto

(3) Head Office Location: Satellite Koza, 95-5 Nakaminato, Kushimoto Town, Higashimuro District, Wakayama Prefecture

(4) Established: July 2020

(5) Capital: 2 million yen

(6) Main Business: Regional revitalization projects through private investment promotion