On Thursday, domestic car sharing marketplace Zoomcar announced its vehicle host program allowing individual vehicle owners to share their personal cars on its platform.
With over 5,000 cars already on the platform across 8 cities, the company expects to grow the platform to over 50,000 cars and 100 cities within the next 12 months.
“At Zoomcar, our mission is to democratize car access across the world’s high growth urban centers. India will remain our largest market for the indefinite future and our new host program is just another example of our commitment to creating localized solutions to address pressing challenges linked to urban mobility in India,” Greg Moran, CEO, and Co-Founder of Zoomcar said in a statement.
The program ensures a simple process, starting from a free vehicle sign-up to obtaining a complimentary car health checkup at the time of onboarding.
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The program allows the vehicle owner to share whenever it’s most convenient. To further simplify the car-sharing process, Zoomcar directly credits earnings on a near real-time basis to the vehicle owner’s bank account.
Zoomcar, the dominant car-sharing platform in India, recently expanded across Southeast Asia and the MENA region to create a global car-sharing platform.
At present, Zoomcar offers individual vehicle owners a joining bonus of Rs 10,000 along with additional incentives tied to high-quality host ratings on the platform. A Zoomcar also offers enhanced incentives for the host’s initial time on the marketplace.
This broader geographic expansion is in line with Zoomcar’s ultimate mission to democratize car access across the world’s largest, most populated, and fastest-growing emerging markets.