Small businesses and nonprofits will be able to take advantage of the low rates to reduce their costs in transporting materials.Įach cargo van includes two front seats and more than 230 cubic feet of cargo space - equivalent to that of a queen-size mattress.
Starting at $15.75 per hour and $109 per day - including gas, parking, insurance and roadside assistance - the vans will be available to customers for hourly and daily use. Like our charts? Embed them in your own posts using the Trefis WordPress Plugin.Zipcar expanded its “Zipvan” pilot program - the cargo portion of its fleet - to Chicago, making available the Ford E-150 full-size cargo vans to members.įifteen vans will be available at nine different Zipcar locations throughout Chicago including the Zipcar pods in Lakeview, Wrigleyville, West Loop, Chinatown and the South Loop. Understand How a Company’s Products Impact its Stock Price at Trefis We have a $22 Trefis price estimate for Zipcar, which implies a premium of 50% to the current market price. The utilization of energy efficient vehicles like EVs also qualifies Zipcar to earn ‘Zero Emission Vehicle’ credits, and selling extra ZEVs under low-emission regulation laws generate supplementary income for Zipcar. In Chicago, Zipcar is working with several partners like 350Green, which are installing EV charging stations for Zipcar EVs in various locations that include commercial and residential buildings, private parking lots and major travel routes.
.jpg "zipcar chicago")
Zipcar has been investing significantly in developing electric charging infrastructure and is likely to benefit from government support for electric vehicles. However, car-sharing programs make development of shared charging infrastructure easier. So far, weak infrastructure and fewer number of charging stations have been a big hurdle to the popularity of electric cars. Electric vehicles are clean, green and quiet and are believed to be the best near-to-market low emission vehicle technology with no emissions at "point of use," 30-40% lower CO2 emissions, and 60-70% lower fuel costs compared to petrol or diesel-fueled vehicles.Įlectric vehicles are likely to be strongly leveraged by car sharing programs after 2012 and will create a strong case for government support for car sharing programs in Europe and North America.Īddressing The Need For Charging Infrastructure There is a natural fit for EVs in the car-sharing space as some people’s reasons for not owning a car is due to environmental harm.
It added 36 all-electric vehicles to its fleet with 18 solar-powered charging stations to power those cars.įree Special Offer: 22 Super High-Yielding Dividend StocksĮlectric Vehicles Make A Strong Case For Car-Sharing and Government Support In December 2011, Zipcar’s much smaller Chicago-based non-profit car-sharing competitor I-GO also launched a $2.5 million electric vehicle project for solar power based EVs.
#Zipcar chicago install#
In 2012, the City of Chicago will install hundreds of electric vehicle charging stations for public use to help expand the EV infrastructure throughout the city. Zipcar’s Electric Vehicle program also gets support of the Chicago Climate Action Plan. The new Zipcar EVs will be placed in pods located throughout the city and will be available for reservation starting at $10 per hour. Since most trips taken by Zipcar members are fewer than 35 miles, these trips taken in the Volts will be powered solely by electricity rather than fuel. It thus offers Zipcar members the best of both worlds - low carbon experience of an electric car with the back-up security of a gas engine.
#Zipcar chicago generator#
A Chevrolet Volt can travel gas-free up to 35 miles, after which it shifts a gas generator which produces electricity to keep it going an additional 375 miles on a full tank of gas. Zipcar has launched its pilot Electric Vehicle program starting with five Chevrolet Volts in Chicago, and is expected to add another 20 EVs to its fleet this year. Aside from competing with traditional rental companies and car-sharing services like Connect by Hertz, Enterprise's WeCar, UHaul's UCarShare and City Car Share, it also faces competition from new low-cost, peer-to-peer (P2P) car sharing services like RelayRides and GetAround. Zipcar is a membership-based car sharing company that serves over 673K members with a fleet of over 9K vehicles in North America and Europe.
0 kommentar(er)
