Gofun to Offer Electric Car Rentals For 1 RMB Per Hour

A new car-borrowing initiative called Gofun aims to have 800 to 1,000 public electric cars in service by the end of 2017, according to the platform’s Chief Operating Officer, Tan Yi. 

A partnership between the Beijing-based Shouqi Group and the Beijing Municipal Road and Bridge Group, Gofun mimics the ‘share’ concept of popular public bicycle systems such as Mobike and Ofo. 

READ MORE: How to Rent a Mobike (AKA Cycling's Answer to Uber) in China

Shouqi plans to open 10 rental terminuses along Beijing’s Second and Third Ring Roads for parking and charging the vehicles. During the promotional period fares are calculated at RMB1 per kilometer and RMB0.1 per minute, making the public cars cheaper than taking a taxi.

[Image via NBD]