Saracens owner Nigel Wray supports keyless carsharing start-up

During the pandemic, as travel to the airport declined, Karshare focused on donating cars to key workers, such as those who work in hospitals in Nightingale.

According to Mr Hibbert, most cars in the UK sit idle for 96% of their life. “During the many hours that they are sitting in front of people’s houses in the streets and alleys, they could be hired from drivers checked in the area,” he said.

According to Hibbert, peer-to-peer carsharing can take up to 24 cars off the road for each vehicle shared.

Karshare’s service is already online in Bristol, Manchester, Coventry and London and will use the funding to expand its service to Birmingham, Leeds and Edinburgh.

Mr Wray, 71, said: “We are delighted to support Andy Hibbert and his team at Karshare. Perhaps this is particularly in today’s era, logically and environmentally, the way things are. Airbnb started somewhere – and who thought it would be what it is today.

The British start-up isn’t the only tech company considering carsharing. Bolt, Uber’s Estonian rival who recently raised £ 508million, has started offering keyless car rentals in Eastern Europe.

Manufacturers, such as Volvo, have started to include keyless technology to allow drivers to quickly share their vehicles with friends and family.

In the United States, Getaround and Turo have each raised hundreds of millions of dollars, although demand for carsharing apps fell during the pandemic due to lockdowns and hygiene concerns.

Comments are closed.