Carsharing service Getaround has announced its New Frontiers Bonus Program, which rewards car owners for sharing additional vehicles in eligible markets, up to $750 per vehicle.
With demand for carsharing increasing and the North American carsharing market projected to exceed $4.8 billion by the close of 2024, Getaround’s new program allows car owners to make more money sharing vehicles in higher demand areas using the Getaround marketplace, according to the company.
The new bonus program amplifies Getaround’s Power Host city launch proposal initiative, which invites car owners with two or more cars (known as power hosts) to propose a city in which they would like to share a fleet of vehicles using Getaround – establishing or expanding a small business serving their local community, whether or not Getaround has previously served that area.
"Even with Getaround active in more than 850 cities across the U.S. and Europe, there are cities where we need to accelerate the addition of supply of shared vehicles so we can keep up with demand,” said Karim Bousta, CEO of Getaround. “We want to reward power hosts for helping with that acceleration in all our existing as well as new U.S. markets.”
Since the March 2021 launch of the Getaround Power Host Program, more than 100 power hosts have newly built or expanded their fleets to serve the increasing number of people who rely on carsharing as a mode of transportation, according to the company.
Additionally, Getaround has launched in 26 new U.S. cities this year, with more cities being added as power hosts continue to share their cars across the country.