Russia’s Yandex, which runs a well-liked car-sharing service within the nation, is planning to broaden throughout Europe this yr, the tech firm has revealed.
“We’re contemplating such a chance,” Dmitry Gorchakov, Yandex’s head of geolocation companies PR advised RT.
It was earlier reported that the agency may make as much as 1,00zero electrical autos obtainable to hire. Whereas the precise metropolis the place Yandex goes to check launch the challenge shouldn’t be clear, Anton Ryazanov, chief of Yandex.Drive, advised the Monetary Occasions that the corporate is eyeing Madrid and Copenhagen, in addition to cities in France and Italy.
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In December, Share Now, the car-sharing service owned by Daimler and BMW, introduced that it’s pulling out of the US and Canada in addition to three European cities, Florence, London and Brussels. The model defined its determination was as a consequence of “extraordinarily difficult realities,” and vowed to focus on the remaining cities the place its companies are viable.
Automotive-sharing companies permit clients to drive autos and pay by the minute. After reaching the vacation spot, the motive force can park the automobile on metropolis streets, permitting one other consumer to take it from there.
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Launched in 2018, Yandex.Drive presently has a fleet of 21,00zero automobiles working in Moscow, St. Petersburg, and Kazan.
Yandex additionally runs Russia’s hottest search engine by the identical title, and is also known as “the Russian Google.” The corporate’s share value surged to a report excessive on Friday, topping $ 44. The rise got here shortly after Russia’s not too long ago appointed Prime Minister Mikhail Mishustin reportedly pledged to assist the agency.
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