Founded in 2019 by Shane Ennis and Conor O’Boyle, Drive incorporates two businesses in the Irish automotive technology space: TradeBid & Nevo.
TradeBid is Ireland’s advanced digital trade marketplace, offering buyers and sellers increased choice, transparency, and a platform for trading vehicles.
Nevo is Ireland’s only dedicated electric vehicle platform, designed to help individuals transition to electric driving by providing accurate information and assisting in finding the right EV at the right time.
The deal comes after months of discussions, during which both companies recognised their passion for technology and a people-first culture.
The founders noted that partnering with ACV Auctions felt like looking into the future and seeing a company that mirrors its values and ambitions.
Reflecting on the journey, Drive Inc. expressed gratitude to those who supported the company over the past five years. This includes their investors, who fueled the company’s growth, the board members who provided guidance, and their team.
Conor O’Boyle also shared appreciation for his partner, Shane Ennis, highlighting the dynamic that made their collaboration a driving force behind Drive Inc.’s success.
As they look ahead, the founders are excited to continue their journey under the ACV Auctions banner, eager to explore new opportunities and further innovation in the automotive technology sector.
