bHive is bringing Car Sharing to Bendigo! Car sharing is a model of car hire where people rent cars for short periods, usually by the hour. Car sharing has been operating globally since the mid 1990s and in Australian capital cities for over a decade, helping business and communities save on car costs. Car Sharing creates over $60m in revenue in Australia annually, with an annual growth rate of 25%.
Business Case Completed
The bHive team have been working with 7 local organisations to complete a business case for a car sharing cooperative in Bendigo. It’s ready to go. We’re moving from feasibility to do-ability.
Benefits of car sharing.
Car sharing reduces the costs of travel, reduces the number of cars on the road and provides easy access to vehicles.
- The average car is idle 23 hours a day and costs between $10,000 and $14,000 a year to run. Being a car sharing member can reduce this cost by 30-50%.
- Every car sharing vehicle that joins the fleet takes 13 cars off the road. Car sharing reduces car ownership, kilometers driven, traffic congestion, noice and air pollution and carbon dioxide emissions.
- Car sharing is brilliant local economic development. Its local business ownership, local work and local spending.
- Car sharing reduces demand for parking spaces. Every car share car that is allocated a car parking space reduces the need for the city to have five other car parking spaces
Who will use car sharing?
Organisations with fleet
A Bendigo car sharing co-operative will provide fleet car sharing services, saving money, time and hassle for organisations. The Fleet service will enable staff to book a car by the hour on the app, walk out to the car, swipe their card and drive away, whilst removing the burden of management, specifically maintenance, leasing/ownership, servicing, parts, insurance, fuel, logbooks, keys and booking systems.
Developers can put car sharing vehicles at the front of their inner city buildings, providing access to vehicles for residents, reducing the need for parking, reducing car ownership and car costs.
Small businesses can book cars and delivery vans in the city by the hour, reducing pressure on inner city parking and dramatically reducing costs.
There is scope for shared disability transport vehicles for local disability support services.
Pods of vehicles will be placed in areas of demand around Bendigo suburbs for community use. Community members will book a car by the hour on the app, walk less than 500m to their nearest pod, swipe a card to open the vehicle and drive away, whilst removing the need to own a vehicle and manage or pay for servicing, fuel, depreciation, car loans and parts. Car sharing suits those who do not want to own their extra car.
The Business Model
bHive Cooperative is currently putting together the business model for a Bendigo Car Sharing Cooperative that will allow organisations and individuals to book cars by the hour, instead of owning them. We’ve established a partnership with www.modo.coop, who have been running a successful car sharing business in Vancouver for over 20 years. One of the seven cooperative principles is that coops help coops. So they’re sharing their software, hardware and business systems with us.
We’re looking for project partners with organisational fleet who would like to participate in the final stage of business planning. We’ve built a model that can reduce the cost, time and hassle of providing cars for staff to get around. We’ll also be looking at ebikes, electric vehicles and eScooters.