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ARTICLE · 02 JUNE 2020

Amazon In Talks To Buy Autonomous Vehicle Startup Zoox

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Car-sharing platforms, which have suffered during the COVID-19 lockdown, see an opportunity emerging: an increase in short-distance, local trips as U.S. consumers look for a different way...

CanadaTransport
Crowe MacKay LLP
Crowe MacKay LLP
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CAR-SHARING COMPANIES OFFER A LESS GERM-INFESTED ROUTE FORWARD

Car-sharing platforms, which have suffered during the COVID-19 lockdown, see an opportunity emerging: an increase in short-distance, local trips as U.S. consumers look for a different way of getting to work and running errands. Executives from Turo, Getaround and Zipcar are hoping their pitch to customers - a means of travel that is cheaper than car ownership and sanitary - will also win business from public transit users and Uber and Lyft riders. In addition to the uptick in shorter trips, the companies also report increased use by essential workers and health care staff. "Customer confidence in travel safety can change their booking habits," said Preeti Wadhwani, a research analyst with Global Market Insights. "Health-care providers or first responders are relying on car-sharing companies such as Turo to commute to work."

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