Essay On Vehicle Sharing

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4.4 Transportation sharing Sharing of transportation is one of the fastest-growing sectors of the sharing economy. The terms car-sharing and ride-sharing are often used interchangeably to describe the shared use, lending, or rental of corporate-owned or personal vehicles as well as the taxi-like transport of passengers driven in privately owned vehicles. By offering flexible, on-demand transportation options, car-sharing, ride-sharing and other sharing platforms can significantly reduce emissions and other environmental impacts by decreasing the number of vehicles per capita. 4.4.1 Car-sharing Vehicles are expensive to use and maintain, and some vehicle owners use them infrequently. Therefore, owning a personal vehicle is a significant financial …show more content…

Furthermore, the mobility service of car-sharing significantly contributes to a noteworthy and environmentally friendly contribution to traffic reduction. 4.4.2 Ride-sharing The high cost of vehicle ownership, combined with relatively infrequent use, has created significant opportunities for ride-sharing platforms to provide on-demand transportation options that make it easier, cheaper, and more efficient to get around(sustainable consumption and cities, 2015, page 68). Unlike car-sharing, ride-sharing drivers provide point to point transportation services, compete with taxis, by offering vehicles that can be connected using smart phone apps. In U.S.A Lyft and Uber are competitive leaders in the point-to-point market, offering app-arranged rides from independent drivers in cities. Mitfahrgelegenheit in Germany is also a service connecting passengers to drivers, often online, to share a ride to a mutual

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