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A number of independent brands join, SAIC increases 200 million investment for timeshare rental

Daisy Huang From 盖世汽车| August 31 , 2017

car-sharing in chinaSAIC car-sharingcar-sharing in china, SAIC car-sharing

Acccording to the news, On August 31st, Morefun car-sharing comes into market , the car-sharing area add another independent brand again—Beiqi. Up to now, Geely, BYD, SAIC and many other auto brands have joined the time-sharing rental, and they all use new energy vehicles as operation subjects.

Iebrun found that during the first half of 2017, SAIC increased about 216 million Yuan to its car-sharing project, at the same time, in this period it transferred about 292 million Yuan to fixed assets.

The essence of car-sharing is timeshare rental, which began in 1990s in foreign countries. The emergence of online hailed car and bicycle-sharing makes a series of shared concept popular, it is natural that timeshare rental uses the concept of car-sharing.

As the bicycle-sharing topic cooling, some people think that timeshare rental will become the next prevalent topic. But up to now, although the development is similar to bicycle-sharing, there is not large amount of capital coming into the car-sharing area.

While Mobike has been raising financial successively.

From this point, although they are same in travel market, but what car-sharing needs is not to be overvalued. We should think from the position of traditional car power.

And at the policy level, in August this year the Ministry of transport and the Ministry of housing and urban construction clearly put forward to encourage timeshare rental development, no doubt it is good for timeshare rental development.

Promoted by various factors, the development of car-sharing has become an important way to meet the national policies and market changes. 

For investors, this track may be too small, it is difficult to be successful distinctly. However, for the traditional car power, it has a special significance, the car is going to more people by sharing.

Moreover, due to the car-sharing platform has natural connections with manufacturer or the capital, when there is not large amount of capital in car-sharing area, it is not a major problem for manufacturers which are not short of money. What important is that whether car-sharing can soon find profit model and realize their own profitability, undertake the task of transferring from the manufacturer to the service provider.

When the car is not only a driving object, the vehicle manufacturer and the traditional travel service providers must consider one thing, that is making consumers and cars are connected, but not to get their ownership.

A new way of automobile consumption is rising.

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