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GoCar invests E600k in expansion

Friday, August 01 14:11:21

Irish car-sharing initiative, GoCar, today said it is planning a major expansion and will invest E600,000 and will add 20 new bases.

To date, GoCar has surpassed all expectations accumulating almost 15,000 trips, growing its fleet to over 70 vehicles and has expanded its membership base to over 2,000 people.

It said it is investing E600,000 and plans to add 20 new bases and 30 new vehicles to its fleet in the next 12 months. GoCar expects the number of trips to rise to 20,000 in the next year.

Membership growth for GoCar can be largely attributed to the license granted by Dublin City Council in July 2013 to operate on-street from their 30,000 pay-and-display parking spaces. This license enabled GoCar to initially place 50 vehicles from 31 pay-and-display locations in highly visible and convenient locations.

To celebrate the anniversary, GoCar is waiving the E50 sign-up fee for the service on today, its one-year anniversary, which will be extended until midnight tomorrow. GoCar is also offering the first hour for free for current customers today.

Colm Brady, managing director of GoCar Ireland commented: "We expect GoCar to continue to grow in the coming 12 months as more consumers familiarise themselves with GoCar and the concept of car clubs. The support and foresight of outgoing Minister for Transport, Tourism and Sport Leo Varadkar has been critical and recent legislation announced in July relating to car clubs and allocating more spaces was a welcome development. The ongoing support of Dublin City Council, Fingal and Dún Laoghaire-Rathdown County Councils and Cork City Council is also essential."

At the beginning of July, GoCar added a new base to the UCD campus with further additions expected at St. Stephens Green and Merrion Square in the coming months. There are currently 55 GoCar bases in Dublin and Cork.

For more visit: www.businessworld.ie