Mobility firm Chacha Creation said it will work with two local car rental companies to introduce a new car-sharing platform, ChaCha Van service. Limo Korea and Isaac Rental Car will partner with ChaCha to provide cars for the carpooling service scheduled to launch in August. Through mobile apps, users can request the service by calling a van with 11 seats – the only type of vehicle allowed to offer driving services in Korea other than registered taxi operators. ChaCha said it aims to operate 1,000 vehicles by the end of this year. “We are going to establish a harmonious car-sharing service that caters to the needs of all Korean people,” ChaCha creation chief Lee Dong-woo said after signing the agreement with the car rental companies. Based on the business model first introduced by Tada last year, local mobility firms such as ChaCha have been seeking to compete against the taxi industry. The system taken up by Tada and ChaCha involves borrowing minivans from either its own subsidiary or local car rental services. Tada supplies its 11-passenger minivans through the company’s own rental service, Socar, to avoid violating local regulations. Drivers are banned from paid riding services other than those registered… Read full this story
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