Yourdrive Explained

Yourdrive
Founder:Oscar Ellison [1]
Key People:Oscar Ellison (Founder & CEO)
Products:Car sharing
Num Employees:8

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.

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

Notes and References

  1. http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11461030 Success by sharing the experience
  2. http://sustainable.org.nz/sustainable-business-directory/national/all/all/your-drive Yourdrive, New Zealand's first peer to peer vehicle sharing company
  3. http://www.yourdrive.co.nz/faq-for-owners/ FAQ for Owners
  4. Web site: Making money from your unused car. Stuff. 19 April 2017.
  5. Botsman, Rachel and Rogers, Roo (2010). What's Mine is Yours: The Rise of Collaborative Consumption. HarperCollins.
  6. http://conf.hardingconsultants.co.nz/workspace/uploads/paper-baker-louise-projec-54f3931842c8d.pdf Project NZ: Accelerating Smart Transport in New Zealand
  7. Web site: Electric car share scheme . Auckland Transport. 19 April 2015.
  8. Web site: 2020-07-21. Car share company Yourdrive hit by Covid cash crisis but 'not closed up yet'. 2021-02-01. Stuff. en.