New EV car sharing app launched in UAE
MOTOR has launched its car-sharing platform, Motor SHARE, which offers users short and long-term options at affordable prices. As a part of its mission to reduce the region’s carbon footprint through responsible transportation, the platform will provide access to world-leading electric vehicles (EVs) through its platform which feature the Tesla Model 3 and soon the Tesla Model Y alongside other leading brands.
Through the MOTOR Share app, UAE residents can locate and rent MOTOR’s electric vehicles. The platform provides lucrative perks, including complimentary parking, free EV charging, comprehensive insurance, and affordable tariffs.
With fuel costs on the rise combined with UAE’s ambitious Net Zero visions, the government has a commitment to converting 20 percent of its fleet of government-owned automobiles to electric alternatives by 2030. The country has also seen a substantial increase in demand for electric vehicles.
Hamad AlMazrooei, Co-Founder of MOTOR, said, “As more and more businesses and residents are looking to convert to electric vehicles, our goal at MOTOR is not only to further accelerate the sustainable transition to EVs, but we also want to make sustainable mobility more accessible, affordable, and flexible.”
He added, “Globally, other companies tackle various aspects of this sector including Eloop in Austria for sustainable car sharing; Mercedes is building virtual network of charging stations in Europe, Autonomy in US is making a great business of electric vehicle subscription, but no-one globally has been able to combine all of the elements into one-seamless solution like MOTOR. At this stage, we are the only company that has been able to integrate advanced features such as remote cooling into its sharing solutions with more to come.”
In addition to accessing features of leading EVs state-of-the-art technology and design, the MOTOR Share app offers advanced features, including the option to cool the car ahead and during rides. Additional AI features will also soon be rolled out, including a ‘safety score’, which will reward safe drivers and warn drivers at risk.
The MOTOR Share platform offers car-sharing opportunities for consumers, who can enjoy the flexibility of renting a vehicle by the hour or for up to two years. Moreover, consumers also have the option to display their owned vehicles on the platform.
Businesses who utilise the platform will benefit from many efficiencies, allowing companies to aggregate car rentals into one platform thanks to custom mobility solutions, providing a flexible opportunity to increase their car rentals' own fleet utilisation.
According to McKinsey, globally the shared-mobility market was estimated 130 billion in global consumer spending in 2019, and is expected to grow to $500 billion by 2030. According to BCG, In 10 years, car subscriptions could easily become a $30 billion to $40 billion market. Both these studies are mainly dominated by electric vehicles.
MOTOR aims to roll out its EV subscription service and a charging network by the end of 2022. The platform also plans to roll out a sustainable driving award points system aimed at unlocking rides and discounts.