Zipcar adds to Baltimore fleet
Car sharing service Zipcar Inc., is expanding in Baltimore.
The service is already available at college campuses around the Baltimore are, including Johns Hopkins University, Goucher College and Towson University. The company will announce plans Tuesday to expand with 22 new Zipcars parked across the city.
Zipcar has 400,000 members in 14 major metropolitan areas and more than 150 college campuses. Rates begin at $7 an hour or $66 per day.
The service has grown over the past 10 years, especially in its first four markets: New York, Boston, San Francisco and Washington, D.C. Zipcar sees opportunity in smaller markets and says it has the size and scale to expand into cities like Baltimore.
Car-sharing has the potential to reduce car ownership and decrease a need for parking, but Zipcar, which announced its first public offering early this month, has yet to turn a profit.
Posted by: cbladey | June 29, 2010 7:00 PM | Report abuse
The comments to this entry are closed.