Getaround is launching its car-sharing platform in the US city of Atlanta, allowing residents to earn money by making their car available to rent.
The company says the platform utilises cars already on the road and will therefore help to reduce traffic and congestion.
Each car is equipped with Getaround Connect, a proprietary technology that allows renters to locate and unlock the car using the company’s app, removing the need to meet the owner in-person for a manual key exchange. Getaround’s safety
April 8, 2019
Read time: 2 mins
8262 Getaround is launching its car-sharing platform in the US city of Atlanta, allowing residents to earn money by making their car available to rent.
The company says the platform utilises cars already on the road and will therefore help to reduce traffic and congestion.
Each car is equipped with Getaround Connect, a proprietary technology that allows renters to locate and unlock the car using the company’s app, removing the need to meet the owner in-person for a manual key exchange. Getaround’s safety features include insurance and 24/7 roadside assistance.
Atlanta is the latest US city to join Getaround’s car-sharing service. In 2018, the company launched in %$Linker: 2External<?xml version="1.0" encoding="utf-16"?><dictionary />000link-external San Diegofalsehttp://www.itsinternational.com/categories/utc/news/getaround-brings-car-sharing-service-to-san-diego/falsefalse%> and %$Linker: 2External<?xml version="1.0" encoding="utf-16"?><dictionary />000link-external Seattlefalsehttp://www.itsinternational.com/categories/utc/news/getaround-launches-carsharing-to-reduce-congestion-in-seattle/falsefalse%>.
Getaround is not the only company making inroads in Atlanta. Last year, European technology company Muving made its electric scooters %$Linker: 2External<?xml version="1.0" encoding="utf-16"?><dictionary />000link-external availablefalsehttp://www.itsinternational.com/categories/utc/news/muvings-e-scooter-business-enters-atlanta/falsefalse%> in areas such as Ponce City Market, Piedmont Park, the King Center and Tech Square.
Mobike has partnered with police in Shanghai to implement electronic ‘fences’ that prevent cyclists from parking around People’s Square in Lujiazui and other prohibited areas. The bike sharing company’s new app feature flags these locations up in grey to alert riders.
Cyclists who try to park in these areas receive a text alert and an alarm and will lose Mobike points and their app credit rating will drop. Those who continually offend will be banned from using the service. Users can locate recommended pa
Vietnamese ride-hailing company FastGo intends to expand its service to Indonesia and Myanmar by the end of the year. In a report from Việt Nam News, Nguyễn Hữu Tuất, FastGo’s CEO, says the company expects to occupy a 30% market share in Indonesia and take second place after Grab in Myanmar. The company aims to raise US$50 million in a new round of funding to help accelerate regional expansion, Tuất adds. According to Tuất: “We chose Myanmar and Indonesia as we have relevant strategies for them in place.
Emovis will operate the free-flow tolling on Ireland’s M50 up to March 2021 following an extension to its agreement with Transport Infrastructure Ireland (TII). The toll services company Emovis says it has been collecting funds of over €1 billion for TII to invest back into infrastructures of Ireland following a 63% increase in traffic to 143,000 passages a day. In March, Emovis confirmed its toll interoperability cloud-based hub in Ireland cleared over 50 million transactions in 2017. The solution is
Private ride-hailing giant Uber, which is aiming to follow rival Lyft in becoming a public company this year, has warned that it may never be profitable.
The candid admission comes in a filing to the US Securities and Exchange Commission (SEC) as Uber prepares for an initial public offering (IPO) which it reportedly hopes will value the company at $100 billion.
This potential IPO figure is some way below the $120bn predicted by analysts just last year.
And Uber warns: “We have incurred significant loss
