October 11, 2016

GM invests in Chinese car-sharing tech company Yi Wei Xing

Maven customers will experience seamless smartphone and keyless integration with the vehicle. Maven customers use its app to search for and reserve a vehicle by location or car type and unlock the vehicle with their smartphone. The app also enables remote functions such as starting, heating or cooling and more. Customers can bring their digital lives into the vehicle through Apple CarPlay, Android Auto, OnStar, SiriusXM radio and 4GLTE wireless. (Photo by Steve Fecht for General Motors) GM has invested in China's Yi Wei Xing, a car sharing tech platform provider that's responsible for Feezu, a timeshare rental car service similar to Zipcar, as well as providing the backend for rental companies looking to provide their own car sharing service. GM's equity investment in Yi Wei Xing is a strategic one, which could help the carmaker eventually expand its own… Read More

Source: TechCrunch