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Rocky Mountain Institute
Getting Electric Truck Chargers Online Faster
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Driving Electric: Designing EV Carshare to Expand Access to Affordable, Reliable, Clean Transportation
As demand for affordable, reliable, clean transportation continues to grow, cities are looking to complement existing transportation offerings with more flexible alternatives. An emerging mobility solution, electric vehicle (EV) carshare, provides flexible, short-term access to clean vehicles. Like any carshare model, an EV carshare program bundles the car’s sale price, insurance, maintenance, and other expenses into subscription or rental pricing. With fuel, insurance, and all costs associated with car ownership rising — owning and maintaining a personal car typically costs about $12,182 per year on average — EV carshare offers an affordable, lower-emissions alternative.
A growing number of cities are deploying this solution to address local mobility, transportation affordability, and air quality challenges. However, there are many considerations that must be included in program design. Equitable mobility objectives must be balanced with financial sustainability. Site locations must be carefully chosen to support key program goals. It is critical that cities identify which community goals to prioritize and how to meet those objectives.
Throughout the past year, RMI worked with three US cities with very different built environments and populations to help identify successful business models to launch (or expand) and maintain EV carshare. In the lead-up, the RMI team surveyed over two dozen existing carshare programs from across the country and directly interviewed eight. Through the interviews and working directly with the cities, the team identified lessons on site selection, insurance, operational challenges, and solutions. This guide is intended to help cities and other local partners learn best practices for EV carshare programs and evaluate the business models that may work well in their unique operating and built environments.
The post Driving Electric: Designing EV Carshare to Expand Access to Affordable, Reliable, Clean Transportation appeared first on RMI.
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