Connected_MobilityConnected Mobility

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Author: Nicole Schlosser
Publication Date: Sep 27 2021
Pages: 64
 Report Type: Report, Word

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Connected Mobility

P2P Car Sharing's Small Resurgence Partially Spurred by Tight Rental Car Supply During Pandemic



Report Summary:

Peer-to-peer (P2P) car sharing operators turn idle personally owned vehicles into revenue generating assets, helping millions of car owners offset the costs of vehicle depreciation. Although these P2P operators offer more of a marketplace than a specific mobility service, they have fundamentally redefined car ownership for many.

This report analyzes some of the global leaders in P2P car sharing to provide further understanding of the innovative trend taking root across the world, and its struggles and efforts to survive during the pandemic.
Table of Contents

1. Executive Summary    6
2. Overview    12
3. Business Model    13
3.1.1 Vehicle Ownership    14
3.1.2 Key Handoff    15
3.1.3 Fees    15
3.1.4 Care and Maintenance    16
3.1.5 Parking    17
3.1.6 Vehicle Availability    17
3.1.7 Insurance    17
3.2 Regulatory Issues    18
3.3 COVID-19    19
3.3.1 Impact and Turnaround    19
3.3.2 Sanitation    20
3.3.3 Contactless Transactions    21
3.4 Operator Advantages    21
4. Operator Profiles    22
4.1 Bump Travel (formerly Atzuche)    22
4.1.1 Fundraising    22
4.1.2 Platform    23
4.1.3 Partnerships    24
4.1.4 Keyless    24
4.1.5 Insurance    24
4.2 Car Next Door    24
4.2.1 Fundraising and Partnerships    26
4.3 Darenta    27
4.4 Drivemate    28
4.4.1 Fundraising    28
4.4.2 Platform    28
4.5 Drivezy    29
4.5.1 Fundraising and Growth    29
4.5.2 International Expansion    31
4.5.3 Brand    32
4.6 Getaround    32
4.6.1 Investors, Partners, and Acquisitions    33
4.6.2 2021 Recovery    35
4.6.3 2020 Struggles    35
4.6.4 Getaround Connect    36
4.6.5 Fees    36
4.6.6 Insurance    37
4.7 GetMyCar    37
4.7.1 Fundraising    38
4.7.2 Partnerships    38
4.7.3 Key Handoff    38
4.7.4 Insurance    39
4.8 GoMore    39
4.8.1 Fundraising    39
4.8.2 GoMore Keyless    40
4.8.3 Fees    40
4.8.4 Insurance    40
4.9 Hiyacar    41
4.9.1 QuickStart    41
4.9.2 Insurance    42
4.9.3 Fees    42
4.10 HyreCar    42
4.10.1 Initial Public Offering    43
4.10.2 Insurance    44
4.10.3 Dealer Partnerships    44
4.10.4 Growth    44
4.10.5 Driver Churn    46
4.11 Perpetoo    46
4.11.1 Requirements    47
4.11.2 Insurance    47
4.11.3 Software as a Service    47
4.12 Rent My Ride    48
4.13 SnappCar    48
4.13.1 Fundraising and Growth    48
4.13.2 Partnerships and Acquisitions    50
4.13.3 SnappCar Keyless    50
4.13.4 Insurance    51
4.14 SocialCar    51
4.14.1 Owner Benefits    52
4.14.2 Keyless Entry    52
4.14.3 Partnerships    53
4.15 Turo    53
4.15.1 Business Model    54
4.15.2 Fundraising    54
4.15.3 Acquisitions    56
4.15.4 Recent Launches    56
4.15.5 Turo Go    57
4.15.6 Owner Non-Compete    58
4.16 New Entrant: Warikan Kinto    58
4.17 Other Vehicle Sharing Businesses    59
4.17.1 Fetch    59
4.17.2 Outdoorsy    59
4.17.3 Riders Share    59
4.17.4 Book A Classic, Vinty, DriveShare    60
5. Conclusion    60
6. Analyst Contacts    63
6.1 Other Contacts:    63

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