Recharge Wrap-up: Chicago and NY taxis consider their own hailing apps; Zipcar extends one-way service in Boston

Tesla Investors Raising New Fund; Andromeda Interfaces Releases EVIC Video

Chicago and New York are considering creating hailing apps for taxis. In order to keep up with rivals like Uber and Lyft, Chicago has approved plans for an app (or perhaps multiple apps) that allow users to hail a cab from their smartphone. A New York City councilperson has also proposed a similar app that has yet to be voted on. The Chicago plan, which is part of the city's Taxi Driver Fairness Reforms package, has the backing of a taxi union, as drivers would benefit from keeping pace with the technology and convenience other hailing apps provide. Read more at The New York Times.

Zipcar is extending its point-to-point service test, called ONE>WAY, to all of its members in the Boston area. This service is available between Zipcar Pod locations throughout the area (including Logan International Airport), and includes a reserved parking space at the destination. Zipcar has 200 Honda Fit vehicles available at its Pods for ONE>WAY trips. "ONE>WAY remains true to our mission of enabling simple and responsible urban living by continuing to reduce congestion in cities as members are not circling the block searching for parking," says Zipcar President Kaye Ceille. Read more in the press release below.

Two early investors in Tesla are raising a new investment fund worth $300 million. Nancy Pfund and Ira Ehrenpreis are raising a fund through DBL Investing called DBL Partners III. Pfund, through DBL, has invested in various cleantech companies, as well as Elon Musk's Tesla, SpaceX and SolarCity. Ehrenpreis invested in Tesla through Technology Partners, and runs the World Energy Innovation Forum. The plans for the newest DBL investments are unclear, but it's not hard to imagine more green technology and more involvement with Musk. Read more at GigaOM.

Andromeda Interfaces has released a video for its Electric Vehicle Interface Controller (EVIC). The EVIC is a display module that monitors efficiency and consumption and interprets that data for the driver. It works as a configurable dashboard with all the important data especially important and specific to EV driving, whether that's range, voltage, rpm, temperatures and the like. The EVIC is meant to be affordable, and suitable for aftermarket or OEM customers, as well as commercial and industrial EVs. See the video below for more information.
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Zipcar Expands ONE>WAY Testing in Boston to All Current Members

200 vehicles available for point-to-point trips – with reserved parking included

BOSTON – December 16, 2014 – Zipcar today announced that its new ONE>WAY service is now open to all current Zipcar members located in or travelling to the Boston area. The new transportation option, which Zipcar has been testing since May, enables members to take point-to-point trips with a reserved parking spot at both the pick-up and drop-off locations (called "pods"). Today, a total of 200 Zipcar ONE>WAY Honda Fit vehicles are located at Zipcar pods throughout Boston and in the surrounding area, including Logan International Airport.

Over the past few months, select Zipcar members have been invited to join the ONE>WAY beta test. This additional expansion of members will help Zipcar further refine the member experience, including locations, usage patterns, features and pricing.

"Our members have been lining up to become part of this beta test – they are as excited as we are," said Zipcar's president, Kaye Ceille. "We have learned a lot about the new service in the past few months and we are eager to continue to grow this innovative transportation option by inviting all current Zipcar members to take part in this expanded testing phase."

Zipcar's round-trip service has always made reserved parking a key benefit to its members, and it is drawing on that core experience and technology to make its ONE>WAY model as convenient as possible. Based on input from members as well as its history of operations in the Boston area, Zipcar has selected key locations in order to make ONE>WAY a convenient option to get from point A to point B.

"ONE>WAY, combined with our leading round-trip model, offers members the most comprehensive mobility option available," said Ms. Ceille. "In addition, ONE>WAY remains true to our mission of enabling simple and responsible urban living by continuing to reduce congestion in cities as members are not circling the block searching for parking."

Zipcar's ONE>WAY fleet consists exclusively of Honda Fits – the fuel-efficient, versatile and fun-to-drive subcompact. The surprisingly roomy Fit interior provides comfortable seating for up to five passengers with ample storage space behind the rear seats. Many Zipcar pods contain both ONE>WAY and round-trip vehicles. ONE>WAY Honda Fit vehicles will be labeled with unique branding in order to distinguish them from the round-trip models which are not available for one-way use.

For more than a decade, members have trusted Zipcar for a variety of round-trips, from the ordinary (grocery store runs) to the extraordinary (weddings). The availability of Zipcar ONE>WAY to all current members enables more flexibility in the types of trips they can take, including short, spontaneous trips for a night on the town, to and from Logan International Airport, or to get across the city for an event without a planned return. Current members in or travelling to Boston will now have access to both the round-trip and ONE>WAY services included in the cost of membership. Current members can test out ONE>WAY at www.zipcar.com/beta.

About Zipcar Zipcar, the world's leading car sharing network, has operations in urban areas and college campuses throughout the United States, Canada, the United Kingdom, Spain, Austria and France. Zipcar offers more than 30 makes and models of self-service vehicles by the hour or day to residents and businesses looking for smart, simple and convenient solutions to their urban and campus transportation needs. Zipcar is a subsidiary of Avis Budget Group, Inc. (Nasdaq: CAR), a global leader in car sharing and vehicle rental services. More information is available at www.zipcar.com.

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