Let’s say you drive for Uber, and you’re in an accident. How sure are you that you’re covered? One reader was surprised to find himself not covered at all.
A new car sharing program just started this month in London. DriveNow plans to grow from a small-scale program by expanding naturally. Organically growing step-by step, DriveNow hopes to avoid the problems Daimler had in Britain. The partnership is a teaming up of the BMW Group and Sixt SE. They are presently in Germany (in Munich, Berlin, Düsseldorf, […]
DeltaWing Technologies is moving forward with a plan to design and build a $15,000 electric three-wheeler in Georgia with an emphasis on car sharing.
In another act of first-world anarchy, EDM sensation Deadmau5 signed up for UberX with his McLaren P1 hybrid hypercar.
This October, 70 Toyota i-Road trikes and COM compact EVs will help launch the Ha:Mo electric car sharing service in Grenoble, France.
Citroen’s solution to a lack of young buyers is an innovative pay-per-use plan based on mileage, offering access to new cars rather than outright ownership.
French billionaire Vincent Bollore will be backing an all-electric car sharing network in London that he hopes to have fully operational by the start of 2015.
The new wave of taxi hailing apps can lead to lowered emissions but are experiencing their share of negatives, including price-gouging and discrimination.
Car sharing could take a huge bite out of new and used vehicle sales, and Palo Alto-based vukee Car wants to loan you a Tesla Model S for your next trip.
A new report by AlixPartners suggests that for every one car ZipCar adds to its fleet, 32 other new or used vehicle sales are lost.
When a programmer offered a homeless NYC man, Leo Grand, the choice of receiving a one-time gift of $100 in cash or instead receiving coding lessons for an hour a day (plus the loan of a laptop and some programming textbooks), Leo chose to invest in…
Tony Hsieh, the CEO of online shoe store Zappos, has a plan for downtown Las Vegas. Part of that plan includes a new car sharing service called Project 100. And by now you’ve probably concluded that Project 100 stands for the 100 Tesla Model S EVs at the core of this new car sharing service. But will it work?
Once upon a time, owning a car was a middle-class dream for people all over the world. Yet as car ownership gets more and more expensive, consumers are looking to alternatives, such as car sharing, to offset the cost. Ford’s European division is launching its own car sharing service, called Ford2go, starting in Germany.
DriveNow GmbH, a joint car-sharing venture between BMW and Sixt AG has begun turning a profit, and one of its closest competitors, which is Daimler’s Car2Go, should be “back in the black” by next year.
Is car-sharing a trend for the future, or a flash-in-the-pan? That’s the question on a lot of minds these days as companies like ZipCar continue to grow, especially in the younger demographics. Eager to get into the game as well, rental car company Avis has put in a $491 million bid to buy ZipCar, though there are already questions regarding the legality of the sale.
The field of impact investing is a relatively new phenomenon, but its popularity is growing quickly, as investors seek financial AND other returns on their investments, usually environmental and social benefits. In impact investing, investors get to make a buck and feel good about it, too. Impact investing includes fairly mainstream investments, like Tesla’s initial public offering (IPO) that netted the company over $200 million.