Automobile

What makes a successful car-sharing scheme? | Automotive World

What makes a successful car-sharing scheme? | Automotive World

Data-driven insight, flexible packages and an electric ecosystem can help car-sharing companies make a name for themselves. By Jack Hunsley

On paper, car-sharing is a simple business model, acting essentially as an on-demand version of traditional vehicle rental. But, in practice, even some of the biggest names in the automotive industry—most notably General Motors—have failed to make it work. These players could be excused given that shared mobility, though increasing in importance, is not their core focus. However, the failure of dedicated, and initially successful, car-sharing company Autolib shows that even with a sole focus, car-sharing is a tricky market to master. So how could future entrants thrive in this space?

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