Carnex announces strategic focus on electric vehicles, positioning to become leading supplier in EV space

by Jan 17, 2022Featured Carnex News, News0 comments

Originally Posted On: Carnex announces strategic focus on electric vehicles, positioning to become leading supplier in EV space

Used electric vehicle Canada

Toronto, ON,Canada, Jan. 17, 2022 (GLOBE NEWSWIRE) — , a leading vehicle e-commerce platform, is pleased to announce its official strategic transition into the electric vehicle (EV) resale market.

The transition will enable   to buy and sell used electric vehicles. Being Canada’s first EV-only e-commerce platform, Founder and CEO Bruce Wu said: “as nations race to transform their energy sector to reduce carbon emissions, renewable energy will play a pivotal role in the future economy, with electric vehicles being a crucial option for consumers.”

As part of the transition,  has implemented a seamless online experience for customers to review their desired vehicles and make purchases just like they might buy other consumer products online. Customers can review images and vehicle performance specifications from the comfort of their homes, enabling them to make an informed purchase without needing to visit in person. Moreover, Carnex will provide aftermarket services specifically tailored for electric vehicles, including the test drive, charging products and services, EV accessories, educational and technical support.

The recent years, EV’s advanced digital cockpits and connected vehicle networks have received excellent reception from consumers. But these features tend to come at a premium, presenting a high bar of entry. Through the transition, Bruce aims to lower the cost barrier to EVs, allowing all Canadians to experience the benefits they provide and bolster the efforts in protecting the environment.

Bruce became an entrepreneur in the vehicle market after graduating from university in Ontario.  Now with more than eight years of experience, he’s noticed a significant issue in Canada’s EV secondary market.

“Tesla does not have a franchised dealership network in Canada, leading to insufficient aftermarket support,” highlighted Bruce. “Most major EV manufacturers such as Tesla, RIVIAN, LUCID and NIO are still employing a direct sale approach to their customers. Carnex hopes to fulfill this service gap.”

Currently, Carnex has a core team of more than ten industry experts with rich experience in automotive and e-commerce platforms. As online vehicle purchases see wider adoption among consumers, Carnex hopes to bring a complete shopping experience for Canadians both online and offline.

The internet has become the foremost channel for vehicle transactions and the industry is taking note. Some recent successes include Soft bank’s US$360 million investment into Carro during its series C round funding in June 2021 and the US$67.7 million investment into vehicle bidding startup Motorway.

Canada’s first e-commerce platform for used Electric Vehicles

About Carnex is Canada’s first e-commerce platform for used Electric Vehicles, with the EV company’s headquarters located in Toronto, Ontario. Its core management team has specialized in the automotive industry for more than ten years – primarily in China, which is home to the world’s largest EV market. Carnex’s monthly turnover currently exceeds more than $1 million Canadian dollars. Its leadership recognized that the potential EV market is enormous, as more and more customers seek high-quality, environment-friendly EV products and services. Therefore, the founders want to enable anyone to access the convenience and benefits of electric vehicles. To that end, is dedicated to providing customers with EV knowledge, as well as to meeting consumer needs with after-market service capabilities, such as  EV test-drives; technical consultations, meanwhile, for its local customers in Canada, they also offer online car selection; online loans; online replacement; and door-to-door car delivery.

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Learn more about the benefits of buying from Carnex. We believe that all clients deserve to know the good and bad of what they’re buying. Because we wanted to know these when we bought cars. That’s why at, we will proudly display every detail every step of the way. Browse all the best cars, automobile buying tips, auto insurance, young drivers, driving techniques, auto industry trends from Carnex Blog.

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Who is Carnex?

Carnex is an online EV dealer built for Canadians to buy and sell electric vehicles. Our mission is to provide Canadians with an alternative and transparent way to buy and sell used electric vehicles and to accelerate the transition to a sustainable green future. is Canada’s first e-commerce platform for used Electric Vehicles. Carnex is the leading Online Car Dealership in Ontario, with the company’s headquarters located in Toronto, Ontario.
Carnex is the fastest and cheapest way to buy a car online. We deliver to your door and collect your old car without extra charges. Buy Now-Pay Later Financing is available.

Why buy from Carnex?

Carnex is trusted by over 18 million buyers to find amazing discounts on used EVs and new EVs in their neighbourhood. Carnex specializes in electric vehicles, and we make the effort to make sure your EV purchase from us will be worry-free. Our skilled EV technicians perform a comprehensive diagnostic on all of our electric vehicles at Carnex because your satisfaction is very important to us. will help you find the best EV bargains among the listings across Canada, and we’ll provide you with the vehicle history and comprehensive reviews for each EV.

Why Choose Us

We choose to only sale quality and zero-accident used vehicles. We are so confident in our cars that we will shamelessly show you all the perfections and imperfections of the vehicle – from the Chasis pictures to chipped paint spots.

We also offer a 9-day no question asked return policy and an 100-day in house mechanical warranty to make your purchase risk-free.

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