The ACCIONA motorcycle fleet will be powered by rechargeable batteries and will be billed for real seconds of use so that users can optimize the economic benefits of using a shared vehicle to the maximum.
The company said Hertz My Car is its first subscription service in the U.S. that expands on its multi-month rental program. Hertz also recently launched My Hertz Weekend, which is a weekend vehicle subscription program in Italy.
Droom has, so far, raised close to $125 million over six rounds of funding. Some of its investors include Lightbox, Beenext, Beenos, Digital Garage, Toyota Tsusho Corporation, Integrated Assets Management, and family office of Japanese based investor Joe Hirao, Founder ZIGExN.
Federation of Motor and Credit Co Association of Malaysia (FMCCAM) president Datuk Tony Khor Chong Boon said the association will introduce a new IoT-powered platform to consolidate inventories held by all registered second-hand car dealers nationwide.
BookMeBus, launched four years ago, to solve the problem of bus transportation in Cambodia has made great strides in its journey. It has grown to a team of 35 staff and is now expanding into neighbouring markets such as Thailand and Vietnam.