Car2Go to shut down operations in Calgary
Posted Sep 27, 2019 11:48 am.
Last Updated Sep 27, 2019 2:59 pm.
This article is more than 5 years old.
CALGARY (660 NEWS) – Car2Go has announced it is ending operations in Calgary effective Oct. 31.
On it’s website, the company says despite its best efforts it underestimated the resources and investment necessary to make the business successful.
The company said it’s leaving the cities of Austin, Denver and Portland the same day and Chicago on December 31.
“The transportation market is highly volatile, especially in North America,” the statement reads. “We are certainly not the only transportation player – from traditional automakers to ride-hail giants to micro-mobility disruptors – who have had to face this reality and adjust course. Ultimately, we know that in order to ensure the future of our business in North America, we have to think differently about where and how we operate.”
Councillor Evan Woolley said he uses Car2Go on a daily basis and was shocked by the news.
“This is a significant mobility option for many, many thousands of my constituents. We’re interested to know more.”
Woolley said he has already contacted the city’s transportation department and will look to see if there are other companies who can fill the void.