First publishedon www.ITSInternational.com
has expanded its peer-to-peer car-sharing service in San Diego in the US. The service allows car owners to earn money by renting vehicles to people in their neighbourhood.
The company says it expects many car owners who subscribe to the service to earn more than $1,000 per month.
Each car is equipped with Getaround Connect, a proprietary technology which allows renters to locate and unlock the vehicle by using the company’s app.
James Correa, the firm’s general manager of Southern California, says renters can access cars for any journey and car owners can earn money without needing to meet renters.
Sam Zaid, CEO of Getaround, says the company is also helping cities to solve traffic issues.
In April, Getaround launched its service in Seattle in a bid to alleviate congestion and intends to expand its fleet of 50 vehicles in the city.
The service does not require signup or annual fees. Each trip is covered by Getaround’s $1 million insurance policy with 24/7 customer support and roadside assistance.