4 times rise in subscription due to short-term mobility demand: Zoomcar
NEW DELHI: Zoomcar, India’s largest personal mobility platform, is currently seeing a 400% rise in demand of short-term mobility and expects this to settle down at 200%-300% over the next few months.
The rise in demand has been noted for cars for personal work and emergency use cases. Rentals for intercity travel are up and a lot of people are opting for one way travel, a top official said.
Greg Moran, CEO, and Co-Founder of Zoomcar, said, “COVID-19 has changed the dynamics of our economy indeed. What used to be the norm till last year may well become obsolete in the coming weeks. Therefore, each industry needs to adapt itself to the new normal. The car rental industry, to that end, is well-equipped and prepared to serve its customers. With novel subscription and a promise of guaranteed sanitization of cars after every use, Zoomcar’s Subscription program is at the cusp of cornering this entire demand.”
The company has also announced the launch of Zoomcar Mobility Services (ZMS), to provide a diverse array of software-based platform services across the entire spectrum of vehicle categories ranging from 2-wheelers, 3-wheelers, 4-wheelers, trucks, and buses. ZMS will work across both internal combustion and electric vehicles and is fully hardware agnostic.. With the launch of ZMS, Zoomcar will now provide access to its state-of-the-art, proprietary tech stack which focuses on reducing operating costs, enhancing safety, increasing vehicle monetization, and improving customer engagement.
ZMS comprises of two primary software offerings: IoT as a service combined with subscription as a service. The ZMS platform solution is geography agnostic and will help drive Zoomcar’s international footprint while serving customers across 3 continents within the next year.