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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.

--Associated Press

By Luke Rosiak  | June 29, 2010; 3:40 PM ET
 
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Comments

I understand that two new spaces for the zip community will be installed by our church- Zion on saratoga street. This might sound nice but we already have a parking problem and now two spaces have been removed from community use. We already have the market folks who take up almost every space. Couldnt they give zip two spaces on the other side of city hall plaza or not in the market zone?

Posted by: cbladey | June 29, 2010 7:00 PM | Report abuse

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