Investors

When looking at the landscape of today’s car-sharing and rental experience, AmpHERE identified some challenges.

Traditional internal combustion engine cars, with top selling models such as the Ford F-150 are now turning to EV options. While Tesla has led the charge the past few years, major auto manufacturers now have aggressive plans to phase out gasoline vehicles in favor of new electric powered models.

Additionally, there is a pivot from the traditional ownership model to technology powered mobility as a service alternatives. Especially with the rise in work from home opportunities, the value proposition for vehicle ownership is no longer as strong as before. The major disruptor in this space has been the advent of ride sharing. Uber and Lyft have changed the transportation game over the last decade. Especially in urban areas.

While being able to hail a ride might cover the majority of mobility needs, there are still plenty of situations which require a vehicle. A day of errands, extended trips, special occasions and more. For this need there are a plethora of car sharing options, none of which properly support EVs.

Renter-map

Learn more about how the story in Chicago has created the template for future EV success.

Most people think the car of tomorrow will be differentiated by autonomous driving features, efficiency and futuristic design, when in reality they will be defined by how they are owned, accessed and managed.

Renter-2

Request a Meeting