General Motors Company (NYSE:GM) is working on a new proposal; to provide a global access of its autonomous electrified vehicles. The automaker will be introducing its car sharing business, Maven to the Los Angeles residents and drivers. This will give them a new electric way of transiting through the city.
LA is quickly becoming one of the Maven’s largest markets. Apparently, it is not long ago since the car-sharing program was launched. The company seems to have a bigger vision for this service. A manager at Maven, Peter Kosak notes, “Los Angeles is being very aggressive and very proactive,” when it comes to adopting new, low-emission solutions for commuters.”
The car-sharing program is primarily designated to ease transport
GM’s introduction of its new 2017 Chevy Bolt EV into its fleet of more than 100 electric vehicles is a plus for the transportation industry. The Maven program will offer weekly rental of GM vehicles in particular cities. They will mainly available to Uber and Lyft drivers.
The roll out of the leasing program is expected to offer transportation options hence easing the industry. It is also playing a vital role in executing the mayor’s City of Los Angeles’ Sustainable City pLAn. Eric Garcetti has always had a vision of taming the unruly mass of millions of commuters. His dream has been to create a friendlier public-private transit system.
The program is currently in 14 cities across the U.S. Close to 24,000 members have made more than 27,500 reservations The company says its next stop for its Bolt EV is in San Francisco and San Diego.
Maven and GM envision collaborating with Department of Water & Power
Sustainable infrastructure is of the essence to every human being. That said Maven will not only be involved in the transportation industry. It will also take up other infrastructure projects, which will encourage economic sharing. Nonetheless, word has it that it will also be partnering with municipal governments to enhance job creation and alleviate parking and congestion.
GM’s stock was trading at $37.03 a fall of $0.05 or 0.13%.