Volvo has introduced M, a new brand for its upcoming car sharing service that will debut in Sweden and the US next year. The company says that M will be supported by an app with proprietary learning technology that will ask users about their specific needs instead of just informing them where they can pick up a car.
Volvo also said that it’s working with Sunfleet, a car-sharing firm in Sweden that’s been around for 20 years. It’ll be integrated into M next year.
With that, Volvo is the latest firm to join the ranks of automakers dipping their toes into the new-ish mobility space. Ford and GM hopped on the bandwagon early on, allowing customers to rent out and borrow vehicles on their respective platforms.
In addition, Volkswagen and Renault announced today that they’re both launching car-sharing services for their electric vehicles starting as soon as this September. And new technologies like digital car keys will make it even easier to rent rides on demand in the near future.
Now this is a very cool service as it will help people to own their dream car and i am sure that many of us are excited to see it. We don’t know when it will start to roll but it has been confirmed that the service will arrive by the next year.