29 Nov '12, 7pm

Ride sharing expands car sharing services, competes with taxis

Ride sharing expands car sharing services, competes with taxis

There's a new niche emerging for car sharers like Zipcar and peer-to-peer entities: ride sharing . The way ride sharing works is that a car owner, perhaps for additional income, offers a ridealong to those willing to pay. Those interested can schedule a ride share through their smart phone. The renter signs up for the service, chooses a nearby car going their way and hops in. It's hitchhiking meets taxis for the smartphone era. San Francisco is seeing a lot of this ride-sharing activity. Zimride Inc., a five-year-old car sharing company, offers Lyft, a ride sharing service that started in August. Zimride connects people through a software application for Android and iPhone smartphones, and tracks the trip's distance using the phone's GPS to estimate a fare. Several companies, including Zipcar Inc., are considering entering the ride sharing niche business. There's an emergi...

Full article: http://green.autoblog.com/2012/11/29/ride-sharing-expands...

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