Car Sharing

Car sharing (also known as person-to-person carsharing) is the process whereby existing car owners make their vehicles available for others to rent for short periods. Car sharing is a form of person-to-person lending or collaborative consumption, as part of the sharing economy. The following are the 5 interesting facts you need to know about car sharing. Increase in corporate car sharing The meaning of Corporate Car Sharing is simple and straightforward: placing a dedicated fleet of vehicles at company premises for the shared use among its employees. Corporate Car Sharing allows companies to ........

The car-sharing platforms have seen an increasing trend in the Asian Markets over the past few years. With more than half of the world’s population, the Asian market can be the next big thing for car-sharing platforms.  The first Car Sharing program in Asia started in Singapore, in 1997. Even though this program only covered a few localities and areas, it was a marginal success. Singapore was one of the very few countries which looked at car sharing as a means of transportation. Later on, Japan also started the car-sharing ........