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TheStreet Open House

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. 

(Logo:  http://photos.prnewswire.com/prnh/20111118/MM09809LOGO)

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.

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