By: Kishore K -- Category Specialization Analyst, Professional Services and Travel
01 January, 2017
Carsharing is a short-span car-hiring service that can reduce personal car ownership. The carsharing model was initially designed for short-distance travel but is now utilized for long-distance commute as well. The cost of fuel and insurance is typically covered in the membership fee, and the fare is calculated based on the distance travelled and time taken. Corporate adoption of carsharing services has witnessed an increase over the past few years due to the shift toward a nonownership model. Organizations can offset CO2 emissions as well as obtain tax and other benefits by adopting the service.
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