Connect with us

Hi, what are you looking for?

Fibonacci Tech News

Lynk & Co’s first EV is meant to be shared to lower its price

The 02 is Lynk & Co’s first all-electric car. | Image: Lynk & Co

Lynk & Co just launched the 02, the company’s first fully-electric vehicle that’s designed from the ground up to be shared with family, friends, or anyone willing to pay for the privilege. The EV is interesting, but not nearly as interesting as Lynk & Co’s unique approach to car ownership.

Once you buy, lease, or subscribe to a 02 you can become a “lender,” in Lynk & Co parlance, to set the price and conditions for sharing. In Amsterdam, a quick browse through the Lynk & Co app shows several of its 01 plug-in hybrids available to borrow for €7 to €12 per hour (or €47 to €123 per day), usually with a “no pets, no smoking” requirement. Borrowers are automatically billed for fuel consumed when the car is returned.

S…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Stock News

If you look at a chart of PLTR stock, you can see that it has had quite a ride, from its short-lived period of...