Periodic Reporting for period 1 - iShare (iShare - a disruptive approach to vehicle sharing)
Reporting period: 2017-03-01 to 2017-08-31
iShare is a unique solution to private vehicle sharing, as i) it allows remote sharing of the key, i.e. with no need for owner and driver to meet in person, ii) it can be used with any car model, and iii) it does not require any expensive professional work for installation. Benefits are expected to fall on both car owners and car drivers.
Moreover, the use of the solution proposed by iShare will increase the average car occupancy rate, while, on the contrary, second-cars are expected to reduce drastically. This will result in i) a reduced air pollution and traffic in cities, ii) a reduced demand for parking spaces, and iii) a reduced city carbon footprint.
A novel prototype has been developed based on a technical and economic analysis. It is characterized by a reduced dimension and cost if compared to the initial prototype.
ii) Business plan
Taking the preliminary business plan that was available as a starting point, a revised and more comprehensive business plan has been developed.
iShare will allow to overcome the current limitations of both approaches, by offering:
i) Instant bookings, without meeting the other user or installing electronics devices on board
ii) A universal solution, the only one to fit every car model, even keyless cars
iii) No installation requirements (self-installation possible)
iv) A safe solution, tamper resistant and embedded with anti-theft method
v) A solution with characteristics that match the needs of both large cities and decentralized communities