The popular car sharing company Share Now has announced it will be ending its North American business next year.
Share Now owns Car2Go, the car share option often seen around North Seattle. The German company sent an email to customers yesterday announcing the news, saying they’ve chosen to pull out of North America for two “extremely complicated” reasons: the “volatile state of the global mobility landscape,” and “rising infrastructure complexities facing North American transportation.” (Read their full letter here)
The company will maintain service in its 18 European cities, markets which they say show a greater potential for growth.
“We want to extend a heartfelt thank you to every employee, member, business partner and city stakeholder who have supported us throughout the years in these markets,” the company wrote in their letter to customers. “We deeply regret the inconvenience this decision causes.”
Share Now will discontinue its service on Feb. 29, 2020.
Photo: Share Now