A person to person, or P2P, car sharing mobile application provider Atzuche.com has rolled out its service to Beijing.

Atzuche.com provides a platform for private car owners to rent their vehicles, with insurance and credit guarantees offered and managed by the company.

“The P2P car rental model fits in with the trend of a sharing economy. The model will lead to a whole new lifestyle in China as it gives people more choices of how to use their cars in a more environmentally friendly and interesting way,” said Chen Weiyu, co-founder and CEO of Atzuche.com, speaking to China Daily.

The China Daily reported that the company has almost a million members, more than 30,000 vehicles and about 7,000 different car models after the service was launched in Shanghai in May 2014.

The report said that Atzuche.com offers services in several cities including Shanghai, Nanjing, Hangzhou, Guangzhou and Shenzhen.

The company also claims that prices are up to 50% lower than those of the large car rental companies. The app facilitates finding a car for the member.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.