DriveMyCar partners with Orix
Peer-to-peer car-sharing platform DriveMyCar has struck a deal with Orix, the largest fleet management group in the Asia/Pacific region, to collaborate on the Australian market.
The deal will allow Orix vehicles to be rented through the DriveMyCar platform to both private and corporate customers. The first vehicles will become available in Sydney in March, with Brisbane and Melbourne following shortly after.
“This deal will accelerate our growth, especially to the corporate market, as Orix has a wide range of suitable vehicles which are available in areas of high demand in Sydney, Melbourne, Brisbane and elsewhere”, Chris Noone, CEO of DriveMyCar told The Australian.
Since 2014, the start-up has been making deals with corporate fleet owners, allowing them to monetise their fleets more fully.
“The sharing economy model makes a lot of sense because it easily enables income to be generated from under-utilised assets. Fleet companies collectively control billions of dollars worth of assets and recognise the value that increased utilisation can deliver”, said Noone, who pointed out that DriveMyCar rentals are up to 62% cheaper than traditional car rentals.
| 28/02/2017 | Frank Jacobs