HiyaCar to Close $1M Crowdfunding Round

A screenshot of HiyaCar’s mobile app. Photo: Michaela Kwoka-Coleman U.K.-based peer-to-peer rental platform HiyaCar is poised to close off its latest round of equity crowdfunding with more than 1 million pounds ($139,140,114), Crowdfund Insider reports. Formerly called “Ascendia Drive,” HiyaCar currently operates with a network of 1,600 cars. The carsharing platform is also insured by… Continue reading HiyaCar to Close $1M Crowdfunding Round

Emov Expands to Lisbon, Launches Corporate Accounts in Madrid

Lisbon, Portugal. Photo via Rustam Aliyev/Flickr. Spain-based carsharing group emov is set to expand to the Portuguese capital of Lisbon, the company announced. Outside of the city center, the newest launch site will enable users to start and end their journeys in close proximity to airport facilities. Both residents and tourists will be able to… Continue reading Emov Expands to Lisbon, Launches Corporate Accounts in Madrid

Taiwanese Capital to Pilot Carsharing Program

Taipei City. Photo via AngMoKio/Wikimedia  Taiwan’s capital is set to test its own electric carsharing service this month, according to the Taipei Times. Taipei city officials told the news outlet that Ucar will begin with 10 electric vehicles rented from 11 public parking lots. Ucar has been commissioned to electric car rental company Unicar. The company has developed a… Continue reading Taiwanese Capital to Pilot Carsharing Program

SnappCar, Europcar Launch Drive & Share Solution

Photo courtesy of Europcar Europcar Group announced the launch of its Drive & Share solution in Germany and Denmark together with SnappCar, the second-largest international peer-to-peer car sharing player in Europe, the companies announced. Drive & Share is dedicated to people who want to enjoy the flexibility of owning a car but who don’t need… Continue reading SnappCar, Europcar Launch Drive & Share Solution

Argentina Welcomes Country’s First Carsharing Service

Photo courtesy of MyKeego MyKeego, the first car-sharing system in Argentina, has launched in Buenos Aires in the city’s Nordelta district. The company, founded by brothers Geronimo Perez Terra and Rodrigo Terra, offers hourly and daily rentals that can be booked 24 hours a day. The app-based carsharing company has plans to serve downtown Buenos… Continue reading Argentina Welcomes Country’s First Carsharing Service

Report Finds Carsharing Services Could Reduce Traffic in Romania by 25 Percent

The streets of Bucharest, Romania. Photo via HPGruesen/Good Free Photos A recent study by Perceptum revealed that carsharing services could reduce traffic in Bucharest and other large cities in Romania by 25%, Business Review reported. The survey also found that allowing carsharing services to operate in Romania would reduce the need for parking spaces, cut… Continue reading Report Finds Carsharing Services Could Reduce Traffic in Romania by 25 Percent

Carsharing Initiative in China Eases Traffic for Spring Festival

Scenery from Guangzhou. Photo via Jiang-wen-jie/Wikimedia  Millions of people visit Guangzhou in China each year for the Spring Festival, and have found it difficult to return home using public transportation in the past. The travel rush for the 2018 Spring Festival will be easier to navigate with the introduction of carsharing, Global Times reported. Already averaging… Continue reading Carsharing Initiative in China Eases Traffic for Spring Festival

HyreCar Launches in New York

Photo: HyreCar Car-sharing platform HyreCar announced its launch in New York. HyreCar is a peer-to-peer carsharing platform that allows users to connect and rent their vehicles to other users. The platform’s goal is to bridge the gap between carsharing and ridesharing by allowing users to rent their vehicles to drivers of Uber, Lyft, or Postmates.… Continue reading HyreCar Launches in New York

Didi Chuxing Launches Open Carsharing Platform

Photo courtesy of DiDi Didi Chuxing (DiDi) launched its carsharing platform, partnering with automakers, new energy transportation infrastructure operators, and after-sales service providers, to build an open new energy carsharing system for the future. The network of strategic partners now includes 12 top automakers including BAIC BJEV, BYD, Chang’an Automobile Group, Chery Automobile Group, Dongfeng… Continue reading Didi Chuxing Launches Open Carsharing Platform

Adesa-AFC Parent Acquires Stratim

KAR Auction Services, Inc. a global vehicle remarketing and technology solutions provider, announced the acquisition of mobility and fleet management software company Stratim. KAR owns Adesa auctions and Automotive Finance Corp. (AFC). Stratim co-founder Sean Behr, who spoke at the 2017 Fleet Forward Conference, assumes the role of Stratim’s president. The addition of Stratim supplements… Continue reading Adesa-AFC Parent Acquires Stratim