GM shuts down car-sharing service Maven [The Verge]
Lyft, Inc. - Class A (LYFT)
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Source: The Verge
Illustration by Alex Castro / The VergeGeneral Motors is shutting down Maven, the car-sharing service it launched in 2016, the company tellscar-sharing servicesstruggled“After critically looking at our business, the industry, and what’s going on with COVID-19, we have made the tough but necessary decision to wind down our business,” the company explained in an email to Maven customers sent on Tuesday.Wowwww, Covid19 claimed the Maven car-sharing platform, it's shutting down immediately. Bummer, it was one of the better ones.pic.twitter.com/tanmpjEhOSApril 21, 2020Originally designed to be a competitor to the Zipcars and Car2Gos of the world, expanded Maven in 2018 to allow car owners to share their vehicles on the service as well, similar to services like Turo or Getaround. At its peak, Maven was available in 17 cities across the US. But Maven’s first CEO left her post early last year, and by mid-2019, decided to pull the service from about half of its cities, including major marke
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