FleetShare from Invers: new solution for sharing cars between fleets

Siegen, June 6th, 2023  – For fleet operators, vehicle utilization is a key challenge. Unused vehicles do not generate revenue, but they do generate costs. Yet fleet operators know the demand patterns of their business model well and can predict phases of particularly high or low utilization. With FleetShare, the new solution from Invers, they can now make vehicles from their fleet available to their partner when their own demand is low or add vehicles from their partner to their own fleet during phases of strong demand.

Operators want to better utilize their vehicles in times of low usage, especially in corporate car sharing, car subscription, or classic car rental business models. At the same time, operators of mobility marketplaces or P2P platforms want to benefit from additional vehicles with FleetShare during peak demand periods without having to invest in new vehicles. “For many of our customers, balancing fluctuating supply and demand phases is one of the most important tasks in fleet operations,” says Bharath Devanathan, CBO of Invers. “The API-centric approach of our solution now enables flexible sharing of vehicles across different fleets. Sharing a car is now as easy as sharing a picture on your mobile phone with one click.”

Invers OneAPI acts as a unified interface that uses just one line of code to give operators access to fleets of other vendors that have Invers technology. It eliminates the hassle of integrating individual B2B APIs from different operators. At the same time, operators receive the same information and command options as they do for their own vehicles, providing users with a keyless sharing experience without having to adapt existing processes. End-users can book and use these shared vehicles like all other vehicles from the operator’s fleet, without having to follow an embedded link or log into another app.

The new offering aims to significantly increase the utilization of individual vehicles in order to reduce the number of vehicles overall, relieve the burden on roads and cities, and protect the environment. It solves the mobility needs of citizens without adding more vehicles to the city. At the Autonomy Mobility World Expo 2023 industry event in Paris, Invers FleetShare was awarded the Autonomy Innnovation Award in the Shared Mobility category.

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