NewEnergyNews: China Takes Lead In EV Car-Sharing

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    Friday, February 09, 2018

    China Takes Lead In EV Car-Sharing

    China's Didi sets up electric car-sharing platform

    February 2, 2018 (Reuters)

    “Chinese ride-hailing giant Didi Chuxing is setting up an electric car sharing service with 12 automakers, including BYD Co Ltd, local partners of Ford Motor Co and the Renault-Nissan-Mitsubishi alliance…[Didi, which bought out Uber’s China business in 2016, said] it would build an ‘open new energy car-sharing system’ that would allow members to use vehicles on demand through an app-based system…Car sharing, along with pay-per-use models and ride-hailing, is shaking up the traditional auto industry model that is based on individual ownership, even as the market makes the seismic shift towards electric and hybrid vehicles…Global firms are racing to get ahead in the fast-growing car-sharing market to avoid falling behind. Germany’s Daimler AG has its Car2Go service, while BMW took full control of its DriveNow service last month…The [Didi] Renault-Nissan-Mitsubishi alliance said last month it would invest as much as $1 billion in over five years in a bid to adapt to rapid industry change…Didi, which dominates China’s ride-hailing market, has previously announced plans to create a domestic charging network for electric cars. The firm has [over 260,000 electric vehicles on its network] said that it aims to have 1 million electric cars on its network by 2020…” click here for more

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