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.
A couple of years ago when Toyota announced it was working on an all-electric version of its iQ microcar, EV enthusiasts were excited. But last month Toyota backtracked, saying it would launch just a small fleet of the tiny iQ EV. The Japanese automaker has now released details on where those few EVs are going, and it is mostly to college campuses and car-sharing services.
An ambitious electric car-sharing program started last year in Paris – long time Gas2 readers may remember the Autolib system, a dense network of charging stations and rentable electric BlueCars. The little silver cars with colorful stickers are supposed to number 3000 by the end of next year, but they seem to be ever so […]
Pininfarina and Bollore’s adorable B0 electric city car is finally hitting the Parisian streets thanks to the Autolib’, an all-electric, self-service car sharing program.