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 […]

2 Rideshare Startups Seeking Fleet Financing

  • Natalie Mattila
  • April 25, 2017
As more rideshare services launch, the market for strategic partnerships becomes increasingly competitive. And the biggest challenge to success in the carshare, rideshare, or on-demand rental market is having fleet financing and insurance partnerships in place, Julian Espiritu, managing director of consultancy firm Abrams Carsharing Advisors, told Mobility Buzz. For entrepreneurs, qualifying for fleet financing […]

Traditional Insurance Companies Need to Evolve for Mobility

  • Natalie Mattila
  • April 20, 2017
The traditional business days of car insurance are “numbered,” as the on-demand sharing economy continues to rise, Grayson Brulte, president of Brulte & Co., told Mobility Buzz, which is why several auto insurers are looking into rideshare coverage. And Slice Labs, an insurance startup, is no exception. Slice Labs developed a pay-per-use rideshare insurance app that […]

RideConnect to Merge Rideshare, Carshare With New Model

  • Emma Sandler
  • April 20, 2017
In a shared-use transportation market that is becoming increasingly saturated with startups, RideConnect is taking a new approach. The rideshare broker looks to offer a hybrid model, combining peer-to-peer carsharing and ridesharing into one offering this fall, Mobility Buzz has learned. This hybrid model will allow car owners to temporarily loan their car out to another person — the same way […]

Is the Rideshare Market Too Saturated for Startups to Succeed?

  • Natalie Mattila
  • April 19, 2017
In the overcrowded ridesharing market, the question of whether the industry will remain open to new players has vexed startups and investors since Uber launched seven years ago. But that unanswered question has not stopped rideshare startups from trying (and many failing) to conquer the market. These days there are carpool apps for any taste: […]
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