car sharing service

Bolt to expand EV option in South Africa

Estonian on-demand transport firm Bolt is set to roll out electric taxi options in South Africa four months after introducing e-bike food delivery services in the country. Bolt’s plan follows the in

GM exits car-sharing business and shuts down Maven

GM’s experiment with car sharing is over. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. Maven had paused service due to the COVID-19

Autofleet raises $7.5M to help fleets put idle vehicles into drive

On-demand mobility, when done successfully, strikes a balance between demand and supply while providing reliable service and making a profit. It’s a sweet spot that can be difficult, if not impo

Vulog will power Hyundai’s new LA car-sharing service

The technology behind Hyundai’s new car-sharing service in Los Angeles is provided by a company that is largely unknown despite its ubiquity. Vulog announced Tuesday during Automobility LA that

Fair, the SoftBank-backed car subscription startup, lays off 40% of staff, sacks CFO

As the market continues to turn against the wave of highly valued venture-backed startups operating with little end in sight to their huge losses — Uber and WeWork being two prime examples &#821

Penske is getting into the car-sharing business, starting with Washington, DC

Transportation services giant Penske Corp. is backing a new car-sharing service called Penske Dash that launched Tuesday in Washington, D.C. and Arlington, Va. The service is debuting at an awkward ti

SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation

And the next car-sharing unicorn is...

Car2go hikes hourly rental rates by as much as a third

By-the-minute car rental service Car2go is raising its rates for short trips under the guise of variable pricing, the company announced to its users today. As we've seen with other variably priced ser

GM’s car-sharing service Maven to exit eight cities

GM is scaling back its Maven car-sharing company and will stop service in nearly half of the 17 North American cities in which it operates. A spokesperson who confirmed Maven was shutting down in some

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes

AAA officially launches its car sharing startup Gig with a giant, sober dance party in Oakland

Gig, a new car-sharing app created by the emergency roadside assistance service AAA rolled out to the Bay Area today. The startup comes out of A3 Ventures, AAA’s venture arm and the new one-way