Zoom Car: car rental platform

Valuation :

Zoom Car, the world’s leading self-driving car rental platform offering car-sharing services, today announced that it has completed a $500 million financing round from venture capital firm Kleiner Perkins Caufield & Byers. Zoom car raised the investment for $500 million in its IPO earlier this year.

Track record :

The company for self-driving mobility has made several rounds so far and has a strong track record in its first two years of existence. Ola has also raised $300 million in the same company and has partnered with Hyundai Motor Group.

vehicle suppliers :

Ford is Zoom car’s largest vehicle supplier and the company works closely with a range of mobility experiments. Ford’s investment supports our mission to enable consumers to travel anywhere easily.

Our next priority is to create a one-way street that will bring about a game-changing change in the coming days.

Mobility services :

The company plans to ramp up up to 100 cars by the end of this year and expects Guwahati to play a key role in creating a self-driving ecosystem in the region.

Zoom car is committed to mobility services in India and our primary focus is on mapping self-driving vehicles. We plan to add three new cars and reach 25 million bookings in the same period.

Future plans :

It is striking that Zoom car is registered under the BMW Group, the second largest car manufacturer in the world.

A TOI report states that BMW vehicles will be electrified on the road by 2020, all of which will be powered entirely by electric power.

Speaking about the future plans for the Zoom car, Moran said: ‘We already have 8,000 cars on the road and we’re leaving 2019 with about 25,000 cars on the road.

We expect that marketplace models will account for approximately 10% of our total sales in India by the beginning of 2017.

AI and iot technologies :

ZOOM car will use technologies such as AI and IoT. This provide its customers with 100% key-less access to the car. Facilitate contact less collection and return of cars at any of its locations.

In other words, Zoom-car customers can now book transport vehicles for freight transport in and out of the city.

It will have more than 10,000 cars on the road in India to meet its main needs. it will also use Eto Motors electric tricycles to share them.

Availability :

All Zoomcar vehicles have Indian permits, taxes and insurance and are GPS-capable. They are available in all major cities in India. Such as Delhi, Mumbai, Bangalore, Hyderabad, Kolkata, Chennai, Delhi – NCR, Bengaluru and Chennai.

Subscriptions and Plans :

ZAP Subscribe does not charge any of this and instead users pay only RS 18,999 per month to get the car of their choice.

With this subscription mode l: Users can save by listing their car on the Zoom car platform for just 15 days. Increase savings by listing it for a longer term.

Customers who need a car for a longer period of time can choose to subscribe for 1, 3 or 6 months.

While subscriptions start at $20 k / month, you can also save more by sharing the vehicle when it’s not in use.

Health status of the vehicle :

In addition to measuring the health status of the vehicle in question. The system monitors the driver’s behavior and driving behavior.

Cadabra tracks a variety of information in real time, ranging from the number of hours in the car. Also track mileage, engine performance, fuel economy and other parameters, “said Rakesh Srivastava, Senior Vice President of Product Management at Ola.

This allows us to draw up tailor-made plans in which the total mileage and mileage of a rental vehicle can be determined in a final manner.

Calculation :

It is as good as a private car, but there is no way to calculate how many kilometers you can drive.

I paid Rs 1,344 and exceeded it, which I think is fine given a mileage of 1,000 kilometres and average fuel consumption of 4.5 mpg.

Booking :

In a broader sense, however, I found it a great option to drive from Bengaluru to Mysore and back in 3 days.

Booking a zoom car can save you a lot of money. Such as dropping off your car at the airport before picking it up in Bangalore or picking it up in MYSore for local sightseeing.

However, if you want to have the opportunity to choose your preferred vehicle, I would suggest booking it at least a week in advance.

You can enlarge and reduce the vehicle, book it as a vehicle and book it for the entire journey.

Buying a car can be a lengthy process as there is a lot of paperwork. Like: payments, insurance, maintenance, taxes and other related issues.

Advantage of Zoom car :

The whole experience of renting a car has left a negative impact on many customers. Especially in the last 3 years. Zoom car offers an innovative solution to this predicament, as several customers use a single car in a month.

Here, customers can book a battery-powered electric scooter at the nearest dealer in 12 states. Advantage of the financing option from Zest Money and book the starting vehicle for 5 km / h fuel package.

Users can choose from a range of options including electric, hybrid, plug-in hybrid or plug-in electric. Can also book launch vehicles for $5 an hour and fuel packages.

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