Car

The Rise of Car Sharing and Subscription Services

Shared and subscription services can be the perfect solution for a driver who wants flexibility without ownership, but it’s important to know about all makes and options before making the decision.

Car sharing will provide cars in a predetermined service area to anyone, which avoids the storage of personal vehicles and relieves traffic by replacing individual vehicles with car sharing.

Peer-to-Peer

Peer-to-peer car sharing: Peer-to-peer car sharing is a new concept in which owners of private cars share their cars with the public through the platforms (similar to Airbnb for cars) with many benefits such as low rates, wider range of location and vehicles, and shorter rental period (hours, days, weeks).

Now it’s part of the offerings from Avis and Hertz, and carmakers such as Daimler-AG’s ShareNow and BMW’s DriveNow are getting in on the action too.

Subscription car services are a growing phenomenon whereby consumers gain access to a variety of cars for a fee per month. They’re the perfect way for both travelers and commuters to add more flexibility at no ongoing ownership cost, and even mitigate congestion and make for a cleaner multimodal mobility system.

Station-Based

Berg Insight projects that this sort of carsharing will have 147 million users by 2025 With permanent cars available only at stations, this sort of system is popular in Asian markets because they obey local damage and vandalism prevention regulations. That kind of carsharing may soon become a common practice.

Station-based models do have their problems. Vehicles sometimes take longer to load on roads and clients struggle to find stations.

One of the biggest benefits of car sharing services is to move citizens out of their cars and onto public transit and bike-share platforms, alleviating traffic congestion, saving drivers money and reducing pollution. One shared car can replace nine to 13 individual vehicles, according to the UC Berkeley Transportation Sustainability Research Centre! Also, car sharing apps can help people to use public transportation or bicycle sharing services instead — more money-saving and more pollution-lowering than ever!

Fleet Management

Fleet managers need to keep up-to-date on the latest industry news and trends to ensure that they are staying ahead of the curve, with highest ROI – from predictive maintenance to fleet electrification to driving driver awareness.

Automated vehicle operations with information drive efficiencies and customer experience in the business. The predictive maintenance tools can detect problem and make the downtime low, and extend the life of the vehicle. Routing tools for smart cars cut routes reducing congestion or work zones in order to save fuel and make delivery more efficient.

Car subscription plans offer an alternative to leasing or renting a car that’s more flexible and convenient for those who value flexibility. Fleet operators can benefit from these tools to maximize revenues while also providing customer service on delivery times, location, and communications that they need.

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