VW to launch carsharing with electric vehicles in 2019

Reuters  |  FRANKFURT 

(Reuters) - plans to start offering sharing services using fully in German cities next year as part of efforts to serve consumers who don't want to buy their own vehicles.

said on Wednesday the new service would be expanded to major cities in Europe, and as early as 2020 and focus on core VW brand cars.

VW is seeking to move on from its diesel emissions scandal of 2015, the repercussions of which are still being felt across the German industry, and focus on

It set up division Moia in 2016, which focuses on ride hailing and pooling and which will be complemented by the new service.

New Herbert Diess, who took office in April, said it was vital for VW "to pick up speed and make an unmistakable mark" in areas including new which VW wants to contribute a significant share to future group business.

announced plans on Wednesday to launch a ride-hailing and covering the French capital and its surrounding areas from September.

and Peugeot-maker are vying to offer a car sharing scheme in to replace Autolib, the sharing service run by French tycoon Vincent Bollore's group that was recently ditched by local authorities after a dispute.

(Reporting by Maria Sheahan; Editing by Keith Weir)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 04 2018. 18:56 IST