Friday, July 29, 2016

Ford s investment in India car rental platform to enter the area of car sharing

Automotive networking and the sharing of the economic rise of a conventional car manufacturers a certain impact on the business, while traditional car companies in order to adapt quickly to market, have also begun to develop "smart driving" or "intelligent" related business, as old traditional auto companies, Ford was down this road. Juicy Couture iPhone case Juicy Couture iPhone 5S case

Ford's investment in India car rental platform, to enter the area of car sharing

Recently, India car rental platform Zoomcar completed its c round of funding, total financing of up to $ 25 million, and vote on the current round of financing was led by Ford Motor, in which investment is 15 million, another $ 10 million from its early investors Sequoia Capital and other institutions with investment. As early as last year, Zoomcar won the Sequoia Capital, Nokia, Empire Angels invested $ 11 million fund so far total US $ 4620.

Zoomcar was founded in 2012, jointly founded by Greg Moran and David BaCk. Focused to provide car rental services, including hourly, daily, weekly, monthly and other forms. Company car type is wide, from a normal hatchback car to a large SUV and luxury car, you name it. Previously, the Zoomcar approved the membership, allow individuals to rental cars by the hour or by heaven and Earth, imitating the United States the ZiPCAR drive mode of science and technology, and after localization, has been very good.

Held in Shanghai as early as this year's Mobile World Congress (MWC), Ford has announced that in India and local car-sharing company Zoomcar has launched a car-sharing experiment, mainly for family, colleagues, and neighbors such as small groups of closely related. This car uses, more flexible than public transport, also lets users before you had a chance to afford cars.

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Zoomcar the purpose of the investment was not made clear, Ford wants to rapid occupation of car sharing market in the field of cooperation with its depth, this step is crucial to Ford into the cars of the future of networking.

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