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Yourdrive
Company typePrivate
IndustryCar sharing, Peer-to-peer car rental, Collaborative consumption
Founded2014 (2014), Auckland
FounderOscar Ellison [1]
HeadquartersAuckland, New Zealand
Area served
Auckland, Hamilton, Palmerston North, Wellington, Christchurch, Dunedin
Key people
Oscar Ellison (Founder & CEO)
ProductsCar sharing
ServicesPeer-to-peer car rental, Car sharing, Car rental
OwnerOE Capital, JUCY
Number of 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

References

  1. ^ Success by sharing the experience NZ Herald
  2. ^ Yourdrive, New Zealand's first peer to peer vehicle sharing company Sustainable Business Network.
  3. ^ FAQ for Owners, Yourdrive.
  4. ^ "Making money from your unused car". Stuff. Retrieved 19 April 2017.
  5. ^ Botsman, Rachel and Rogers, Roo (2010). What's Mine is Yours: The Rise of Collaborative Consumption. HarperCollins.
  6. ^ Project NZ: Accelerating Smart Transport in New Zealand Baker, L. & Ayers, M.
  7. ^ "Electric car share scheme". Auckland Transport. Retrieved 19 April 2015.
  8. ^ "Car share company Yourdrive hit by Covid cash crisis but 'not closed up yet'". Stuff. 21 July 2020. Retrieved 1 February 2021.