Vulog Launches Ride-Hailing Technology Platform

Photo courtesy of Vulog
Photo courtesy of Vulog

Vulog, a carsharing technology provider, is unveiling its new technology platform that enables drivers of ride-hailing services, such as Uber and Lyft, to use shared cars in free-floating services and other one-way fleets.

The announcement premiered during Vulog’s presentation at the Carsharing Association Conference in Montreal.

Vulog believes that the integration with ride-hailing platforms will drive shared vehicle utilization even higher, according to the company. It expects that select services will choose to make cars available for ride-hailing drivers in periods where fewer people use carsharing, such as at night.

According to Vulog, this new integration will benefit all parties involved:

Carsharing service operators: Higher fleet utilization leads to more revenues without impacting the consumer offering for individual carsharing users during high demand periods. In addition, cars being used for ride-hailing will serve as additional promotional tools for every rider getting picked up by a branded car.

Drivers: By using a shared vehicle, drivers can reduce their fixed costs, as they no longer will need to own a vehicle to drive for a ride-hailing service. They can now pay per hour whenever they wish to drive, with gas and insurance included.

Ride-hailing companies: By reducing the barrier to entry for drivers, more drivers will flock to the service and improve the offering by reducing wait times for ride-hailing users.

At most times of the day, free-floating carsharing will remain the only option to ensure maximum availability of cars, says Vulog.

“We expect this offering to open a new market segment to our clients, thus increasing fleet utilization and size in many cities,” said Gregory Ducongé, Vulog’s CEO. “The on-demand model has completely changed the way people consume transportation; we believe that ride-hailing drivers can and should have access to their tools on-demand as well.”

By facilitating this intersection between mobility services, Vulog provides a new tool for carsharing operators, which include vehicle manufacturers, car rental companies, parking lot operators, and other businesses.

This new ride-hailing integration adds another element to Vulog’s end-to-end white-label offering, which includes in-car hardware to report telematics data, back-end software to manage the fleet of vehicles, and mobile apps for both Android and iOS, according to the company.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Safety Tech: Crash Avoidance or Sensory Overload?

As advanced safety technologies become even more pervasive on mainstream vehicles, are we creating “stupid drivers?"

Own the Fleet, Own the Future

In the dialogue surrounding new transportation paradigms, fleets have been off the public radar until recently. Here’s what’s going on, and a way for you to participate in the conversation.

Car Rental Rates Up, Fleet Sales Down — Correlation?

Car rental companies’ recent fleet discipline is needed now more than ever.

Job Finder: Access Top Talent. Fill Key Positions.

>