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by reeddavid
2251 days ago
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I'm curious why the model doesn't work. I didn't get a chance to use Maven but I loved using ReachNow, Car2Go and LimePod in Seattle before they each shut down. I would think the biggest strength of free floating car sharing would be the utilization rate of of the vehicles compared to private ownership. Looking at the vehicle availability maps, it was clear that there were a lot of trips taking place. Of course some cars ended up in low-demand areas, but on average it seemed there was a lot of rental activity. I am really curious to know what didn't work, from a business model perspective. None of the shutdown announcements have provided any specific details. |
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