Autonomy Mobility World Expo 2024

volvero (SC - cat Fleet)

CATEGORY

Fleet management, Car Rentals & Subscriptions

COMPANY NAME

volvero (SC - cat Fleet)

COMPANY NAME

italy

NUMBER OF EMPLOYEES

13

SUMMARY APPLICATION

Modern society is in need of new efficient transportation alternatives. Indeed, public transport is crowded, inflexible or absent, especially in extra-urban areas. At the same time, car rental services are rigid and expensive, thus people not owning a private vehicle are restricted from free movement. Still, car ownership is not feasible taking into account that the society is facing a high underutilization of vehicles with cars not being used 96% of the time occupying parking spaces and producing pollution. This includes corporations that own vehicles that could be monetized and car dealers that are looking for new business models as millennials are not interested in car purchasing. The problem, therefore, has three dimensions which are people in need of economic transportation for different needs, owners in need of reducing their vehicles’ costs, and the issue of overproduction and under usage of vehicles contributing to pollution and waste of resources.

Supporting document