Tag: M and A

Published April 29, 2019 9:00 am, Via NYC
Via Announces Expansion to Evanston and West Chicago
The shared ride provider continues to widen its reach in the Greater Chicago area

Via, the leading provider and developer of on-demand shared ride services, has expanded its Chicago-area service. Via will now be available in Evanston as well as Hermosa, Humboldt Park and Mayfair. The expansion will see the Chicago-area service zone increase by more than 20%.

“At Via, our goal is to eliminate the need for private car ownership by providing affordable, convenient, and eco-friendly on-demand shared transportation that can seamlessly integrate into existing public transit infrastructure” said Alex Lavoie, US General Manager of Via. “We’re delighted to be expanding in Chicago, providing greater access for the students, residents, and workers in these communities.”

All shared rides within Evanston will be a low $3 flat fare. Via aims to be a key first-and-last mile solution for the commuter-heavy suburb, connecting residents and commuters to rail stations without the need for a personal vehicle.

Using the Via app, passengers select their pick up and drop off location and confirm their ride. Via’s smart algorithm enables multiple riders to seamlessly share a single vehicle. The powerful technology directs passengers to a nearby corner – a virtual bus stop – for pick up and drop off, allowing for quick and efficient shared trips without lengthy detours that take riders out of their way. This enables Via’s system to transport a high volume of passengers while using a fraction of the number of vehicles utilized by taxis or on-demand car services. ​By grouping multiple passengers into a single shared vehicle, Via reduces congestion and emissions, providing an inexpensive, eco-friendly, and convenient transportation alternative.

In the United States, Via operates services in New York, Chicago, Washington DC. Via has also been tapped by cities and transit authorities in the United States and around the world to help re-engineer public transit from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network, including partnerships in Arlington Texas, West Sacramento California, Los Angeles, and Seattle. Via has more than 50 deployments in more than 15 countries around the world.

About Via:

Via is re-engineering public transit, from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network. Via’s mobile app connects multiple passengers who are headed the same way, allowing riders to seamlessly share a premium vehicle. First launched in New York City in September 2013, the Via platform currently operates in the United States, and in Europe through its joint venture with Mercedes-Benz Vans, ViaVan. Via’s technology is also deployed worldwide through partner projects with public transportation agencies, private transit operators, taxi fleets, private companies, and universities, seamlessly integrating with public transit infrastructure to provide the most cutting edge on-demand mobility innovation.

Read more