Monday, December 20, 2004

PhillyCarShare Frees 1,000 Parking Spots

PhillyCarShare is a non-profit that rents hybrid gas/electric vehicles on an hourly basis to pre-enrolled customers; they have announced that its approximately 1,500 subscribers have sold or avoided purchasing approximately 1,000 cars, equivalent to the number of on-street parking spots on Walnut and Chestnut streets. In the aggregate, members save $3.6 million annually because they're paying for vehicle usage only when they need it, not 100% of the cost as required when a vehicle is individually owned. Check out the car sharing network's website for more info about the benefits of automated vehicle sharing.

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