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Velomobile-Sharing Services

The Veemo Bike Share Service Would Cost About $0.20 Per Minute

— February 16, 2016 — Autos
The share economy is showing little sign of slowing down, which the Veemo bike share service highlights perfectly. The Vancouver-based Veemo service would enable users to rent a velomobile -- a three-wheeled vehicle that's pedal-powered -- for however long they need. With current estimations, the Veemo service would cost users about $0.20 per minute, which enables fantastic cost-savings for short trips.

One of the issues with bike sharing is that the service become almost obsolete in inclement weather. Those that don't have a driver's license can't opt for car rentals or car sharing, so the Veemo bike share service is designed to help solve this. The enclosed design of the Veemo velomobile is essentially a pedal-powered e-bike/car hybrid that would reach 20mph at top speed.
Trend Themes
1. Velomobile-sharing - The Veemo bike share service highlights the potential of shared-pedal powered vehicles for short trips.
2. Enclosed Pedal-powered Vehicles - The development of enclosed pedal-powered vehicles, such as Veemo velomobile, offers cost-savings and alternative transportation options for short urban commutes.
3. Car-bike Hybrid Solutions - The Veemo bike share service demonstrates the disruptive potential of car-bike hybrid design, and its ability to address the challenge of weather-specific bike use.
Industry Implications
1. Transportation - The Veemo bike share service makes use of an innovative transportation model that is cheaper and weather-resistant than traditional bike sharing, and may be of interest to urban planners and transportation providers.
2. Sharing Economy - The Veemo bike share service is an excellent example of a new sharing-economy initiative that unlocks additional revenue streams for innovative entrepreneurs.
3. Green Energy - The development of enclosed pedal-powered vehicles such as the Veemo velomobile could contribute to the green energy movement by providing a sustainable transportation option for short urban commutes.
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