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For those not aware, car sharing in general has been on the decline recently. This is after GM scaled back Maven significantly last year following bad financia
by mdorazio 7y ago
For those not aware, car sharing in general has been on the decline recently. This is after GM scaled back Maven significantly last year following bad financials in cities where it was active [1]. It turns out that different mobility options like car sharing and scooters have wildly different demand curves and expected profitability figures depending on where they're deployed due to a combination of things like culture, infrastructure, alternatives, weather, and price sensitivity.
[1] https://techcrunch.com/2019/05/20/gms-car-sharing-service-maven-to-exit-eight-cities/ https://techcrunch.com/2019/05/20/gms-car-sharing-service-ma...
- infinitone 7y agoHere is a live dashboard of car sharing growth based on Turo/Getaround data: https://www.sharelytics.co/blog/the-state-of-carsharing-car-rentals-2-0/ https://www.sharelytics.co/blog/the-state-of-carsharing-car-...
- cheriot 7y agoThat's some really interesting detail. Thanks. Really weird how the growth section tracks a "Running Total" so that flat (at best) monthly rentals generate an up and to the right line.
- infinitone 7y agoIts a metabase visualization thing...
- mdorazio 7y agoTuro is a very different model, to the point it's not a great comparison. It's more of user platform (like Uber) than an actual car service and doing reasonably well as a result. But pretty much every fleet-based service is shuttering cities - ReachNow, car2go, LimePod, Maven, etc.