Car-sharing companies are taking a less germ-infested route in Covid-19 times

Car-sharing companies are taking a less germ-infested route in Covid-19 times

Bloomberg May 20, 2020 Car-sharing platforms, which have suffered during the Covid-19 lockdown, see an opportunity emerging: an increase in short-distance, local trips as U.S. consumers look for a different way of getting to work and running errands. Executives from Turo, GetAround and ZipCar are hoping their pitch to customers—a means of travel that is cheaper than car ownership and sanitary—will also win business from public transit users and Uber and Lyft riders. In addition to the uptick in shorter trips, the companies also report increased use by essential workers and health-care workers. “Customer confidence in travel safety can change their booking habits,” said Preeti Wadhwani, a research analyst with Global Market Insights. “Health-care providers or first responders are relying on car-sharing companies such as Turo to commute to work.” GetAround says overall trip volume in the U.S. has declined by almost 50% since states began shutting down their economies in mid-March. Turo says its business also has fallen dramatically, undoing the 60% year-on-year growth they saw as recently as February, according to Chief Executive Officer Andre Haddad. Zipcar also reports an “expected decline in demand,” particularly in business travel and on university campuses, Zipcar President Tracey Zhen said in an email… Read full article...
Carsharing Service ShareNow Has Left D.C. What Could Come Next?

Carsharing Service ShareNow Has Left D.C. What Could Come Next?

Margaret Barthel March 3, 2020   ShareNow — previously known as car2go — officially shut down its carsharing business in D.C. and North America over the weekend after eight years in the city. Despite its departure, experts say that carsharing isn’t struggling here in the D.C. region. “Washington D.C. is actually one of the strongest marketplaces for these types of on-demand options in the entire United States,” said Susan Shaheen, a professor of engineering who co-directs the Transportation Sustainability Research Center at the University of California Berkeley. Shaheen attributes D.C.’s strong use of shared mobility services — carsharing, ride-hailing, bike-sharing, and e-scooters, to name a few — to relative support from local government and general walkability. That means, Shaheen said, that D.C.-area residents are more used to making choices about how to get around. The relationship between different shared mobility services is both competitive and complementary, she thinks — something illustrated in studies she conducted examining the effect of the rise of ride-hailing on carsharing…   Read the full article...
Share Now Is the Latest Car-Share Service to Fold

Share Now Is the Latest Car-Share Service to Fold

Aarian Marshall December 19, 2019 The US is about to lose another car-share service. On Wednesday, the Daimler- and BMW-owned entity that operates the service Share Now said the company’s cars would disappear from North American streets by the end of February 2020. For customers in New York, Montreal, Seattle, Washington, DC, and Vancouver, that’s a bummer. It’s a bummer as well for those who enjoyed short-term rentals in London, Brussels, and Florence, Italy—service will stop there too. The story of Share Now, formerly known as Car2Go, is emblematic of the twisty path that transportation services took in the 2010s. Founded by Daimler in 2008, Car2Go arrived at a moment of smartphone-fueled optimism about “mobility” tech. A company called UberCab would sprout in San Francisco a year later. Amid talk of falling car ownership and rapid urbanization, automakers were on the lookout for the next big thing. Car2Go was an experiment in what car-sharing professionals call “point-to-point” sharing. The company struck deals with cities to allow customers to locate, pick up, and park Daimler-owned cars—extra-compact white and blue Smart Cars—almost anywhere on city streets. (Some competitors, like Zipcar, have dedicated parking spots for their users.) In February, a decade into a new world of tech-driven experiments, Daimler and BMW announced they would combine their mobility services under one entity, called Share Now. By October, it was clear that the business was in trouble, when the company said it would pull out of half its North American markets. Now, Share Now will operate in fewer than 20 cities worldwide, with its largest operations in Germany and Italy. In a statement,...
Car Sharing Service Turo Relies on Data to Get Ahead in Crowded Rental Market

Car Sharing Service Turo Relies on Data to Get Ahead in Crowded Rental Market

Mark Hamstra October 22, 2019 When it comes to marketing, Turo tries to make every dollar count. The company — sometimes referred to as the “Airbnb of car rentals” — was founded in 2009 with operations in San Francisco and Boston, and has since expanded to more than 5,000 cities across the U.S., Canada, Germany, and the U.K. It competes not only against established car rental giants such as National, Enterprise, Dollar, Avis, and Hertz, but also against similar peer-to-peer (P2P) car-sharing platforms such as Getaround. Turo offers car owners, whom it calls “hosts,” a way to earn money sharing their vehicles with renters, or “guests,” who benefit from Turo’s broad selection of vehicles and potential savings compared with traditional car rental agencies. An extensive report on the P2P car sharing industry published last year by the University of California, Berkeley, estimated that in 2017, about 2.9 million people in North America were participating in P2P car sharing across six different platforms with a combined fleet of 131,336 shared vehicles… Read the full article...
Understanding Impacts of Incentives on One-Way Electric Vehicle Carsharing: A Case Study of Car2go in San Diego

Understanding Impacts of Incentives on One-Way Electric Vehicle Carsharing: A Case Study of Car2go in San Diego

Susan Shaheen April 23, 2019 With carsharing, individuals gain the benefits of private-vehicle use without the costs and responsibilities of ownership. One-way (or point-to-point) carsharing is a form of carsharing that enables members to pick up a vehicle at one location and drop it off at another. Typically, the carsharing operator provides gasoline, parking, and maintenance. Generally, participants pay a fee each time they use a vehicle. A few popular free-floating carsharing services include: Car2go and DriveNow, recently joined forces to become SHARE NOW – a new joint venture between Daimler AG and BMW Group that consists of a connected ecosystem of five mobility solutions: one-way carsharing, transportation network companies (TNCs, also known as ridesourcing and ridehailing), multimodal trip planning, parking, and charging. The service includes more than 20,000 carsharing vehicles worldwide (including 3,200 electric vehicles) in 30 cities and 13 countries. Under this new joint venture, ReachNow, which operates carsharing and TNC services in Seattle and Portland, also joined forces with moovel to become REACH NOW, the multimodal unit of the joint venture. Ten percent of ReachNow’s fleet is electric with 720,000 electric vehicle (EV) miles driven in less than two years. Twenty-five percent of members have driven electric, which have saved more than 200+ tons of carbon dioxide (CO2). Zipcar Flex – a free floating carsharing service comprised of approximately 300 EVs in London, UK. EVO carsharing operates a free-floating carsharing program in Vancouver, Canada using hybrid vehicles. These are just a few examples of the numerous carsharing programs operating across the globe…. Read the full article here:...