GM sets February sales record in China; up 30.4% to 240,554 vehicles
12-year ORNL study finds elevated carbon dioxide concentrations can increase carbon storage in soil

Peer-to-peer car sharing service Getaround launches in Austin, Texas

Peer-to-peer car sharing company Getaround announced its official launch in Austin, Texas. This announcement closely follows the company’s February launch in the greater Portland metropolitan area with a $1.7 million federal grant and expands its reach to four major cities.

Getaround will join the local “collaborative consumption” space in Austin. Collaborative consumption describes the reinvention of swapping, sharing, bartering, trading and renting through advanced technologies and peer-to-peer marketplaces in ways and on a scale not possible before.

Getaround provides patent-pending smartphone and in-car technology to create a seamless sharing experience, and each rental includes complete insurance up to $1,000,000 backed by Berkshire Hathaway. Getaround is free to join and for as little as $3 an hour, members can rent nearby cars by the hour, day, or week, and save hundreds or even thousands of dollars on auto payments, insurance and maintenance.

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)