Sharing Economy

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If you have listened to Elon Musk over the past ten years, you know the pattern. Almost every year the Tesla chief announced the breakthrough in autonomous driving. Almost every year the timeline shifted. For many observers, the robotaxi developed into perhaps the most well-known future promise of the automotive industry – and at the same time one of its most persistent long-running projects.

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Bolt, the platform operator for rental car and ride-hailing services, is renewing the fleet of its car-sharing service Bolt Drive in Germany. By the end of October, 400 vehicles are to be put into service gradually—350 Toyota Yaris and 50 Toyota Yaris Cross. All cars are equipped with hybrid powertrains and will be leased to Bolt for two years through the Toyota mobility provider KINTO.

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Tesla CEO Elon Musk is known for ambitious visions. One of them: Tesla owners could rent out their vehicles as autonomous taxis in the future, thus earning a lucrative side income. However, this idea will not withstand reality.

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A new concept for urban mobility is currently being tested in the American city of Detroit. The pilot project "Corktown Carshare" combines remote control of vehicles with traditional driving by the user.