Founded 16 years ago in Vancouvers West End, Modo The Car Co-op celebrated a milestone achievement last month, adding its 300th vehicle to the fleet.
Modos 300th vehicle found its home at District Main, at Main and E. 28th.
The regions only local carshare co-op will also double its fleets in Surrey and Richmond and place its first vehicle in Coquitlam this fall.
Being a not-for-profit co-operative means Modo is able to offer the lowest rates on carsharing in Metro Vancouver. Were proud to not only save people money, but to achieve that through our co-operative business model, says Modo board chair Joel DeYoung. Were making cities across the region more livable and less congested, protecting vital green space by removing cars from the road.
Modo estimates that for every vehicle it adds to the grid, as many as 13 privately owned vehicles are taken off the road, with 41 per cent of members reporting theyd sold or gotten rid of a vehicle within one year of joining Modo. In a recent survey, 81 per cent of members said they would likely have bought a personal vehicle had it not been for Modo.
In an area of the world where a new car is added to the road roughly every 15 minutes, and, according to the 2013 TomTom Travel Index, Vancouver traffic congestion is now edging out Toronto and LA, carsharing offers relief to Metro Vancouvers land base.
From 16 West Enders sharing two cars, Modo has grown to more than 9,000 drivers sharing 300 cars, trucks, vans and electrics.
