Zipcar And The City Of Houston Launch First Of Its Kind Municipal Electric Vehicle Car Sharing Program
CAMBRIDGE, Mass., Aug. 22, 2012 /PRNewswire/ -- Zipcar, Inc. (Nasdaq: ZIP), the world's leading car sharing network, today announced a new partnership with the City of Houston to launch a municipal electric vehicle (EV) fleet sharing program, called Houston Fleet Share. Through this program, 50 existing city-owned fleet vehicles – including 25 Nissan Leaf EVs – will be outfitted with Zipcar's FastFleet® proprietary fleet sharing technology for use by city employees across all departments.
This program is the first of its kind, funded by the State Energy Conservation Office American Recovery and Reinvestment Act (SECO-ARRA) Transportation Program (SEP), and is designed to help the City of Houston improve efficiency, promote sustainability and save money – all without sacrificing employee mobility.
The City of Houston currently has the third largest municipal hybrid fleet in the country, with approximately 50 percent of the City's nonspecialty, light-duty fleet having been replaced with hybrid vehicles. By deploying Zipcar's FastFleet car sharing platform in these and other vehicles, as well as implementing Zipcar's self-service online reservation and secure vehicle access system, the program is expected to help the City gain new efficiencies, improve utilization and reduce costs, while further reducing the environmental impacts of their fleet."Houston is setting the pace for sustainability efforts, and we are very proud to be working with Zipcar to launch the nation's first-ever municipal EV green fleet sharing program," said Mayor Annise Parker. "Although we've always been known as the oil capital of the world, we're gaining momentum on being the energy capital through programs like Houston Fleet Share and the Houston Drives Electric initiative." "By utilizing Zipcar's technology to make our fleet usage more efficient, we will be able to further reduce emissions and cut back on fleet fuel consumption, helping save money while also having a positive impact on our environment," continued Mayor Parker.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV