Nasdaq GlobeNewswire

Car Sharing Goes Up a Gear in London With Expansion of Zipcar Flex

Del

As private car ownership continues to drop in London, car sharing is taking off

LONDON, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Zipcar, the world's leading car sharing network, announced  that Zipcar Flex, the Company's 'floating' car sharing service is now available to nearly 3.5m Londoners*.

Zipcar Flex allows members to spontaneously jump into a car and drive one-way across London, with the ability to drop the car off in one of thousands of spaces within the 'Zipzone', which now covers an area of over 235 km2 across North and South London. 

Members who utilise Zipcar Flex pay just 29p per minute and only for the exact time their trip lasts.  Thanks to extras like the Congestion Charge, petrol and insurance being included in the rates, it's now one of the cheapest and most convenient ways to get around London.

London borough councils seem to agree, with Zipcar Flex now available to residents in Wandsworth, Islington, Hackney, Lewisham, Lambeth, Waltham Forest, Southwark and Merton. There are more boroughs in the pipeline as the service gains momentum and is planned to become more widely available, with the aim to get more Londoners to ditch their privately owned cars in favour of shared vehicles.

Zipcar Flex in numbers:

  • 235 km2 - the size of the Flex operating area ('Zipzone') in London i.e. the size of Berlin
  • 3.4m - the number of Londoners the scheme is currently available to
  • 50% - Percentage difference between the cost of a typical Flex trip versus a trip with leading E-hailing companies
  • 700 - the number of brand new VW Polos in the Flex fleet
  • 8 - the number of boroughs in the current 'Zipzone'

Jonathan Hampson, General Manager for Zipcar UK, said: "Car clubs traditionally operate from dedicated fixed bays, but what Zipcar Flex enables is for more Londoners to make smarter transport decisions and experience how much more convenient and cost-effective car sharing is compared to ownership. Zipcar Flex can unlock the potential of car sharing to significantly improve key issues like air quality and congestion for London."

What's more, compared to black cabs and ride-hailing companies, Zipcar Flex can be considered more efficient because journeys avoid so-called 'empty miles.' Cars are only driven when used by members and go point to point, unlike taxis that need to drive to find and pick up passengers before a trip starts. Fewer miles driven results in lower emissions per trip, making the service much more efficient and environmentally friendly.

How Zipcar Flex compares on price for a 20 minute trip in London**:
Transport Cost
Ride-hailing company £12.50
Zipcar Flex £5.80
Saving 54%

**Driven at 16.8 mph (average Greater London speed according to TfL Report http://content.tfl.gov.uk/tlrn-performance-report-q1-2017-18.pdf)

Jonathan Hampson continued: "Zipcar Flex gives Londoners even greater flexibility to get around their city how they want to. It works hand-in-hand with public transport, cycling and walking to give Londoners the broadest choice to choose the right mode of transport when it comes to their specific journey needs.

"It's about convenience, ease and saving money for members, but looking at the bigger picture, it's also about taking more cars off London's roads and helping to address the worsening issues of air quality and congestion, which we know are important to Londoners.

"Our research*** has shown that over half of Londoners have considered leaving London to live elsewhere in the past 12 months, with traffic, congestion, poor air quality and pollution levels cited as key issues. But attitudes need to change, people need to stop assuming that car ownership is a given and consider options available to them."

Regular Zipcar Flex user, James Lamb from Wandsworth, said: "We used to own two cars, but now we only own one - and I'm considering ditching that too. We use a mix of Zipcar Roundtrip and Zipcar Flex, for shorter errands, all the time, it just makes much more sense living in a big city. And we've saved a lot of money since selling off the second car."

For more information please visit http://www.zipcar.co.uk/flex

*Based on 2011 UK Census population figures:  Merton 203,200, Wandsworth 306,995, Islington 215,667, Hackney 246,300, Lewisham 275,885, Lambeth 327,900, Waltham Forest 265,800

***Independent research carried out in May 2017 by Vitreous World amongst 2,000 Londoners on behalf of Zipcar

About Zipcar
Zipcar is the world's leading car sharing network, driven by a mission to enable simple and responsible urban living. With its wide variety of self-service vehicles available by the hour or day, Zipcar operates in urban areas and university campuses in over 500 cities and towns across Belgium, Canada, Costa Rica, France, Iceland, Spain, Taiwan, Turkey, the United Kingdom and the United States. Zipcar offers the most comprehensive, most convenient and most flexible car sharing options available. Zipcar is a subsidiary of Avis Budget Group, Inc. (Nasdaq:CAR), a leading global provider of mobility solutions. More information is available at www.zipcar.com.

For more information:
Zipcar UK Enquiries
Email: zipcaruk@theprnetwork.co.uk




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Zipcar via Globenewswire

Om Nasdaq GlobeNewswire

Nasdaq GlobeNewswire
Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

+1 212 401 8700http://www.nasdaqomx.com

NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.

Følg saker fra Nasdaq GlobeNewswire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Nasdaq GlobeNewswire

Airtel and Cisco Team to Improve Mobile User Experience25.2.2018 12:00Pressemelding

Utilizing Cisco's Self-Optimizing Network solutions to manage and support the massive growth in data and voice traffic BARCELONA, Spain, Feb. 25, 2018 (GLOBE NEWSWIRE) -- Mobile World Congress - With mobile data consumption surpassing usage of the U.S. and China in 20171, mobile service providers in India are working to enhance their network infrastructure to manage and support the growth surge and ensure quality of customer experience. Bharti Airtel (Airtel), India's largest telecommunications services provider, and Cisco have joined forces to improve customer experience by taking their SON collaboration to next level. SON is now carrying out optimization based on customer experience and predictive analytics apart from the traditional approach of responding to network degradations. SON self-healing applications have been enriched for taking proactive actions in near real time, using predictive machine learning and interworking of SON with NOC tools, PM analytics & customer experience

Cisco Spearheads Multi-Vendor Open vRAN Ecosystem Initiative For Mobile Networks25.2.2018 12:00Pressemelding

First ecosystem of its kind brings together innovators including Reliance Jio, Altiostar, Aricent, Intel, Mavenir, Phazr, Red Hat, and Tech Mahindra BARCELONA, Spain, Feb. 25, 2018 (GLOBE NEWSWIRE) -- Mobile World Congress - Mobile network operators are facing strong pressures to evolve their businesses and operations for profitable growth and differentiation. Explosive demand for bandwidth persists, while ARPU pressures mount due to competition and limited service innovation. Addressing these challenges requires industry innovation focused on delivering new revenue-generating services based on a more flexible and agile service delivery environment, while reducing Capex and Opex. Innovations such as network function virtualization have laid the groundwork for a new fundamental architecture to emerge. While many functions of a mobile network are being virtualized, including the Evolved Packet Core (EPC), IP Multimedia Subsystems (IMS), the Gateway Internet LAN (Gi-LAN) and data transpor

TIM and Cisco Join Forces To Increase The IT Security Of Italian Companies25.2.2018 12:00Pressemelding

TIM Safe Web, the new security service developed in collaboration with Cisco and integrated into the TIM network, going live in March BARCELONA, Spain, Feb. 25, 2018 (GLOBE NEWSWIRE) -- Mobile World Congress - Starting from March, TIM, the leading provider of mobile and fixed telecommunication services in Italy, in partnership with Cisco will offer "TIM Safe WEB", a highly secure platform service, integrated in the TIM network, able to safeguard small business users from malware, such as ramsomware, phishing, and other malicious cybersecurity activities. TIM Safe Web combines TIM's unique technologies and information with the capabilities of the Cisco Umbrella cloud-based security platform, which leverages a constantly updated global database of threat intelligence. This "over-the-network" service enhancement will be provided to about 600.000 TIM Business customers in order to improve both security and quality of service starting from small business market that is very exposed to cyber

Cisco Launches New '5G Now' Portfolio for Service Providers Taking Action Today25.2.2018 12:00Pressemelding

More than 20 global service provider and mobile operator customers worldwide are advancing their 5G action plans with Cisco BARCELONA, Spain, Feb. 25, 2018 (GLOBE NEWSWIRE) -- Mobile World Congress - Continuing on its path to disrupt the industry by redefining the network, Cisco announced today its '5G Now' portfolio for service providers ready to go full throttle on their 5G roadmap. 5G services promise to offer emerging new services at significantly faster speeds, expanded capacity and stronger coverage to accommodate the more than 27 billion connected devices1 expected on service provider networks by 2021. Beginning 2020, 5G connections will grow more than a thousand percent from 2.3 million in 2020 to over 25 million in 20212. At Mobile World Congress this week, many technology vendors are focused on the spectrum advantages, radio equipment and architecture to support 5G services. Cisco is committed to showing service providers and mobile operators why 5G is important to plan for,

Cisco and TIM: Together to Accelerate Italy's Digitization25.2.2018 12:00Pressemelding

BARCELONA, Spain, Feb. 25, 2018 (GLOBE NEWSWIRE) -- Mobile World Congress - Cisco and TIM, the leading service provider in Italy, announced a major agreement aimed at accelerating Italy's digitization today at Mobile World Congress. The two companies are engaged in developing a joint business and innovation program. They will leverage their unique competences and technologies, to create next generation solutions and services focused in particular on Cybersecurity, Internet of Things, Industry 4.0, Smart Cities and 5G. This Memorandum of Understanding (MOU) has been signed in the framework of Digitaliani, the three-year investment plan launched by Cisco in January 2016, whose objectives are well aligned with TIM own digitization program. The partnership is based on three pillars. Sharing competences and solutions for the digital transformation of companies, public sector and services targeted to citizens A common effort to develop a partner ecosystem able to leverage the new opportuniti

Valero to Purchase SemLogistics Milford Haven Fuel Storage Facility23.2.2018 22:15Pressemelding

LONDON, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Valero Logistics UK Ltd, a subsidiary of Valero Energy Corporation (NYSE:VLO), and SemGroup Europe Holding L.L.C., a SemGroup Corporation company, have today signed an agreement for the purchase of SemLogistics Milford Haven fuel storage facility on the west coast of Wales. Situated across the Haven from Valero's refinery at Pembroke, the facility is one of the largest petroleum products storage facility in the United Kingdom (UK) with 8.5 million barrels of capacity for storing gasoline, gasoline blendstocks, naphtha, jet fuel, gas oil, diesel, and crude oil. Over 67 percent of the storage capacity is multiproduct or dual purpose, giving Valero the flexibility to meet customers' demands in the UK and throughout Northwest Europe. Additionally, Milford Haven will continue to operate as a third-party storage facility, offering storage options for third party customers across the European petroleum markets. "This facility complements our Pembroke

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom