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Yourdrive was a New Zealand peer-to-peer carsharing company. Prior to ceasing operations it facilitated a system in which individuals could rent their privately owned vehicles on an hourly, daily or weekly basis to other registered users of the service.[2] Owners set their rental prices and earn a 60 percent commission from the rental revenue.[3] Prior to going out of business it operated throughout New Zealand with vehicles in Auckland, Hamilton, Palmerston North, Wellington, Christchurch, Queenstown and Dunedin.
 | |
| Company type | Private |
|---|---|
| Industry | Car sharing, Peer-to-peer car rental, Collaborative consumption |
| Founded | 2014, Auckland |
| Founder | Oscar Ellison [1] |
| Headquarters | Auckland, New Zealand |
Area served | Auckland, Hamilton, Palmerston North, Wellington, Christchurch, Dunedin |
Key people | Oscar Ellison (Founder & CEO) |
| Products | Car sharing |
| Services | Peer-to-peer car rental, Car sharing, Car rental |
| Owner | OE Capital, JUCY |
Number of employees | 8 |
New Zealand rental car firm JUCY purchased 50% of the company in 2016[4]
Peer-to-peer carsharing is an example of collaborative consumption, where assets and skills are shared or traded between neighbours for sustainability and economic benefit.[5] Although car sharing is relatively new in New Zealand it is an area that is being encouraged due to the environmental and economic benefits.[6] Auckland Transport is promoting a scheme that would drastically increase the number of car sharing vehicles.[7]
In March 2020 Yourdrive announced that it had ceased all operations due to lack of revenue.[8]
See also
editReferences
edit- ^ Success by sharing the experience NZ Herald
- ^ Yourdrive, New Zealand's first peer to peer vehicle sharing company Sustainable Business Network.
- ^ FAQ for Owners, Yourdrive.
- ^ "Making money from your unused car". Stuff. Retrieved 19 April 2017.
- ^ Botsman, Rachel and Rogers, Roo (2010). What's Mine is Yours: The Rise of Collaborative Consumption. HarperCollins.
- ^ Project NZ: Accelerating Smart Transport in New Zealand Baker, L. & Ayers, M.
- ^ "Electric car share scheme". Auckland Transport. Retrieved 19 April 2015.
- ^ "Car share company Yourdrive hit by Covid cash crisis but 'not closed up yet'". Stuff. 21 July 2020. Retrieved 1 February 2021.