Carsharing in a Sharing Economy

By Michelle Birdsall

The trend of access being better than ownership was first recognized five years ago by Kevin Kelly, Wired magazine co-founder and editor. Today this concept has translated into an emerging sharing economy, in which digital media first led the way for people to access and pay for commodities such as music, movies,
and books at the tap of a screen without ever obtaining physical ownership of them. The sharing economy is gaining traction in the transportation industry, with the increasing popularity of  ridesharing (carpooling and vanpooling), bikesharing, carsharing (shared-use access to a vehicle fleet), and on-demand ride services often provided by a community driver, especially amongst the millennial generation.

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