Urban Mobility
Car-sharing service SOCAR is joining the Malaysian vehicle-sharing landscape in what is its first country expansion outside of South Korea. SOCAR Malaysia is a sister company to SOCAR Korea, which is South Korea’s top car-sharing platform with nearly 10,000 cars and over three million registered users. The push into Malaysia is aimed to be its stepping stone to the rest
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As the Electric Vehicle Association Philippines (EVAP) prepares to host the inaugural ASEAN Electric Vehicle Summit in Manila next month, its Malaysian counterpart is also preparing to present a status update on Malaysia’s electric vehicle (EV) industry. One interesting local development ahead of the summit is from Cohesive Mobility Solution (COMOS). COMOS began as a car-sharing service and a last-mile
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The Hertz Corporation, a world leading car rental and car-sharing operator has launched a new carbon offset program that provides corporate customers worldwide with the opportunity to reduce the carbon footprints associated with their vehicle rentals through the purchase of carbon offsets. Hertz has partnered with TerraPass, a leading carbon offset provider, to administer the program. The partnership allows Hertz
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Uber Technologies will resume its ride-hailing service in Taiwan on Thursday after coming to an agreement with the Taiwan’s transport regulators, according to Reuters. The Agreement Uber and the Taiwan transport authorities said that Uber would continue to operate as a technology platform company to develop the taxi and public transport system in Taiwan, and that Uber would partner with
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The investment in Yi Wei Xing may be a signal that the automaker is likely looking to bring its Maven car-sharing brand to China General Motors Corp’s investment in a Chinese car-sharing application developer demonstrates the auto maker’s keen interest in the world’s largest auto and car-sharing market, observers said. GM on Wednesday declined to reveal the size of its investment in Yi Wei Xing (Beijing) Technology Co Ltd, which developed Feezu, a car-rental and car-sharing app that merges hardware and software and enables users to rent vehicles by the minute, hour or day. “It is GM’s first investment in a startup in China related to urban mobility,” a company spokeswoman told Reuters. “This cooperation is very important to our company to explore the ride-sharing market in China.” “Only time will tell if this move is significant, but it shows that GM is paying close attention to the Chinese market,” said Eric Dennis of the Center for Automotive Research in Ann Arbor, Michigan, in an email. The investment and strategic alliance will leverage Yi Wei Xing’s technical offering, and are in line with GM’s drive to explore new car-sharing models, gain insights into China’s rapidly changing car-sharing market and develop a deep understanding of Chinese consumers’ personal mobility needs. The
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Turo user, Ryan Cwynar, bought a used $62,000 Tesla with a no-down-payment bank loan, and make enough renting his car out that it might end up being essentially free. Tesla CEO Elon Musk’s “Master Plan” tells Tesla owners that in the future they will able to add their car to a shared fleet that will “generate income for you while
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Europcar Lab and GoMore offer the ‘ownership’ of a new car and the opportunity to share with others, to reduce your costs SAINT-QUENTIN-EN-YVELINES, France–(BUSINESS WIRE)–Regulatory News: Europcar Lab, the innovation unit of Europcar Group (Paris:EUCAR), the European leader in vehicle rental services and a major mobility player, announced today the launch in France of an innovative pilot with GoMore, the
Read morePSA Group has invested in TravelerCar, a digital business offering parking, car sharing and car rental. TravelerCar offers three types of service that are available in airports, train stations and city centres to make daily life easier for car owners and renters: A free parking solution for car owners who make their vehicle available for rent. In addition, car owners
Read moreHertz Global Holdings Inc. reached agreements with Uber Technologies Inc. and Lyft Inc., the two largest U.S. ride-hailing start-ups, to supply drivers with vehicles the rental-car company rotates out of its fleet. Midsize cars for Lyft and Uber drivers will rent for $180 a week, including all mileage and insurance costs, said Hertz spokesman Bill Masterson. A Lyft representative said
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