Car2go reverses from five North American cities

Car2go is to remove its free-floating car-share service from the North American cities of Austin, Calgary, Denver, Portland and Chicago by the end of the year. Car2go released a statement, in which it admitted mistakes: “We have had to face the hard reality that despite our efforts, we underestimated the investment and resources that are truly necessary to make our service successful in these complex transportation markets amid a quickly-changing mobility landscape.” The company is now refocusing on the c
October 2, 2019 Read time: 1 min

4190 Car2go is to remove its free-floating car-share service from the North American cities of Austin, Calgary, Denver, Portland and Chicago by the end of the year.

Car2go released a statement, in which it admitted mistakes: “We have had to face the hard reality that despite our efforts, we underestimated the investment and resources that are truly necessary to make our service successful in these complex transportation markets amid a quickly-changing mobility landscape.”

The company is now refocusing on the cities of New York, Seattle, Washington, DC, Montreal and Vancouver.

“Ultimately, we know that in order to ensure the future of our business in North America, we have to think differently about where and how we operate,” the company adds.

UTC

Related Content

  • June 5, 2015
    Mega trends will challenge transport technology
    Jon Masters investigates some of the longer term trends that will shape transportation over the next 20 years. Business analysts and investors have already placed their bets on a future of technological smart mobility services. In December last year, the Wall Street Journal reported that Uber, the on-demand taxi and lift share smartphone app and start-up business, had been valued at $41.2 billion which, as the Journal reported, is an incredible vote of confidence for a company only five years old.
    Read More
  • June 11, 2019
    MaaS Market London: transport revolution
    ITS International’s third MaaS Market conference in London provoked lively discussions about micromobility, AVs, the stupidity of car drivers - and Star Trek. Adam Hill was taking notes…
    Read More
  • August 5, 2022
    Peter Norton: “My fear is that the technology itself is mistaken for the answer”
    Peter Norton, author of Autonorama, tells Adam Hill why automakers kept the consumer dissatisfied, why Futurama got such a hold on the public imagination – and about how active travel can be promoted
    Read More
  • January 26, 2018
    To charge or not to charge, that is the question
    Alan Dron looks at why congestion charging and other similar schemes are so controversial in North America. In August, Andrew Cuomo, governor of New York State, described congestion charging for the city as “an idea whose time had come,” according to the Bloomberg wire service. In October, he announced a ‘Fix NYC’ advisory panel to study methods of easing congestion on the city’s streets. Although Cuomo did not specifically mention congestion charging when setting up the panel, he said it would study
    Read More

Highlighted Content