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VW Readies All-Electric Car-Sharing Service
Volkswagen AG’s VW brand will jump into the car-sharing market next year in Germany and plans to expand to Europe, Asia and North America as early as 2020.
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Volkswagen AG’s VW brand will jump into the car-sharing market next year in Germany and plans to expand to Europe, Asia and North America as early as 2020.
VW says its all-electric-vehicle service, which will operate under the WE brand, will give users access to cars for everything from trips that take only a few minutes to lengthy vacation travel. The business will be a part of MOIA, the Berlin-based mobility company VW launched in December 2016. In German, MOIA stands for “individual mobility for everyone.”
VW says WE’s on-demand services will be managed by UMI Urban Mobility International GmbH. The VW subsidiary, which is headed by CEO Philip Reth, began operations earlier this year with a team of 30 people.
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