London-headquartered peer to peer (P2P) car sharing service RideLink has surpassed its £1m crowdfunding target on Seedrs in a little over a month, in a round that the firm claims is the largest ever crowdfund for a P2P car sharing service. The company, which gives car owners the chance to share their privately owned vehicles when they are not using them Airbnb-style, launched the campaign at the end of March and in that time has has managed to raise over £1m from the crowd as
SAN FRANCISCO (Reuters) - Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold his wheels, using ride services, carsharing and bike sharing to get around. “My mom didn’t think I could do it. She thought I would buy a new car in six months,” he said. But that was more than a year ago, and his car budget of $820 per month fell to $250 for carsharing and ride services last year
Got a Chinese drivers license and RMB500 to spare? That means you, too, can be part of what's arguably the most ambitious sharing craze to hit China thus far: cars. Although they're pricier than your average sharing gimmick (cheaper options include umbrellas, basketballs and phone chargers) and prone to misuse, shared cars can be handy if you're not yet ready to buy a vehicle. What's more, some companies offer environmentally-friendly electric options. Today, we look at five
SYRACUSE, N.Y. -- Ride-booking apps like Uber and Lyft will soon be able to pick up and drop off passengers at Syracuse Hancock International Airport. Airport executive director Christina Callahan said the airport and Lyft are working on a contract that they hope will be resolved by June 29, which is the earliest the apps can operate in Upstate New York. Uber hasn't yet reached out about its own operation at the airport, she said. A local taxi company, Syracuse Regional Taxi
Over the past week BelkaCar deployed 200 additional cars around Moscow. This is the second major expansion for 2017 and meeting growth projections. Russian Press Release: 24 мая 2017 г.
За минувшую неделю каршеринг BelkaCar вывел на дороги столицы 200 новых автомобилей.
Это второе крупное увеличение автопарка за 2017 год, подтверждающее, что компания успешно реализует заявленные при запуске планы по расширению.
Теперь в портфеле компании 550 автомобилей, доступных для а
BMW’s ReachNow car-sharing program has announced today a market expansion in Brooklyn, new weekday pricing for Brooklyn members and new counterless rental pricing for the … BMW’s ReachNow car-sharing program has announced today a market expansion in Brooklyn, new weekday pricing for Brooklyn members and new counterless rental pricing for the full fleet. As ReachNow approaches six months in the Brooklyn market, the car-sharing service will sharpen the experience for members lo
The rise of autonomous vehicles will be a mixed blessing for U.S. auto insurers, according to a new report. The good news for insurance carriers is that coverage for autonomous vehicles will bring $81 billion in new premiums over the next eight years, according to the report from Accenture and Stevens Institute of Technology. Risks related to cybersecurity, software and hardware will drive the short-term uptick in insurance premiums, the firms predict. Then there’s the not-so
NASHVILLE - Chattanooga's CARTA is among this year's crop of winners in the annual Governor's Environmental Stewardship Awards, Gov. Bill Haslam and Commissioner Bob Martineau with the Tennessee Department of Environment and Conservation announced today.
The Chattanooga Area Regional Transportation Authority (CARTA) is being recognized for launching through Tennessee Valley Authority funding an integrated public Level 2 charging and electric vehicle car share network along
GM to stop sales in India, exit South Africa “As the industry continues to change, we are transforming our business, establishing GM as a more focused and disciplined company,” GM Chairman and CEO Mary Barra said in a statement. “We are committed to deploying capital to higher return initiatives that will enable us to lead in our core business and in the future of personal mobility." General Motors said early Thursday it will stop selling vehicles in India — one of the world’