Hyperdrive

VW to Start Electric Car-Sharing Service to Boost Lineup

  • Electric-only service to kick off in Germany next year
  • VW sees scope to sell ’far more’ than 1 million e-cars in 2025
Photographer: Krisztian Bocsi/Bloomberg
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Volkswagen AG’s namesake brand is entering the car-sharing market with an electric-only offering more than a decade after operators like U.S.-based Zipcar and Daimler’s Car2Go started their services.

As the German manufacturer outlined its plans, it also raised the possibility battery-car sales under the VW brand could be “far more” than the over 1 million vehicles it said it would sell by 2025. Volkswagen, which also counts the Audi, Porsche and Skoda brands among others, last year delivered a total of 10.7 million cars.