Maven Brings Carsharing to NYC, Deploys 80 Off-Lease GM Vehicles

  • Natalie Mattila
  • May 16, 2017
Maven deployed more than 80 vehicles into the expanded carsharing service in Manhattan yesterday, all of which are off-lease vehicles from General Motors Financial, Mobility Finance has learned. The expanded operations in New York City provide consumers with on-demand hourly or daily carshare reservation options. To date, Maven — General Motors Co.’s mobility services platform — has launched in 17 […]

VW Credit Holds Reins on EV Financing Until 2018

  • Emma Sandler
  • May 11, 2017
Volkswagen AG has ambitious plans to be a “world market leader in e-mobility,” starting by building “attractively priced” electric cars in China, Matthias Müller, Volkswagen chief executive, said during the automaker’s annual meeting for shareholders yesterday. However, the company’s captive VW Credit may not play a significant role in these plans until the vehicles are produced in 2018, […]

Maven Launches New Rental Service to Accelerate Gig Economy

  • Natalie Mattila
  • May 3, 2017
Maven — General Motors Co.’s mobility services platform — launched a new service today, to offer rideshare and delivery drivers an alternative to leasing. Through the new program, called Maven Gig, drivers can rent the vehicles for $229 per week. The fee includes insurance (minus deductibles), maintenance, and unlimited miles, according to a company press release. The […]

ALD Offers Flexible Lease Options Amid EV Infrastructure Delays

  • Natalie Mattila
  • April 24, 2017
ALD Automotive is allowing EV or hybrid vehicle lessors in Romania to switch to a conventional vehicle, for a limited period of time, to accommodate areas where EV charging may not be fully developed, Mobility Buzz has learned. This offering allows lessors to swap the car easily, which can “take away any concern they may have […]

Uber Aims to Add 600 EVs to Portland Roads Through Xchange Leasing

  • Emma Sandler
  • April 14, 2017
Uber is bringing its electric vehicle program to the U.S., starting in Portland, Ore. And it appears the rideshare company’s finance subsidiary Xchange Leasing will play a large part in Uber’s goal to add 600 EVs to the road by 2019. The environmental initiative aims to increase the percentage of EVs by Uber drivers from 1.6% to 10%; […]
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