Car-sharing marketplace Zoomcar launches in the Philippines

Zoomcar, the world’s largest emerging market car-sharing marketplace, announced today that it has begun operations in the Philippines.

Zoomcar has engaged Gene Angelo Ferrer as its country head in the Philippines to help scale its business as part of their recent push into the Southeast Asian region.

The business stated ambitions to have 1,000 automobiles on the market by January 2022, with the goal of reaching 20,000 cars by the end of the year. In order to meet these marketplace supply goals, Zoomcar will work with individual vehicle owners as well as SMEs with several vehicles.

Greg Moran, CEO & Co-Founder of Zoomcar, said their mission is to democratize cars across the world’s high growth urban centers.

They also see the Philippines as an ideal market in Southeast Asia for the company to kick off their car sharing marketplace.

“We’re committed to long-term investment in the Philippines to provide an environmentally responsible mobility solution that provides robust economic empowerment opportunities to the broader Filipino community,” Moran added.

Ferrer, Vice President & Country Head Philippines, said they are excited with the launching of the company in the Philippines and look to positively impact the Filipino community with their world-leading car sharing marketplace.

Ferrer added that Zoomcar will offer “safe, affordable, and accessible means of personal mobility to their renters as well as financial fulfillment to vehicle owners”.

They also look forward to scaling up aggressively in the coming months and building comprehensive partnerships across the Filipino ecosystem that will help contribute to their future growth.

Zoomcar’s car-sharing network allows users to reserve a vehicle for as little as 6 hours and as long as 6 months. The company is focused on creating a reliable, tech-enabled process that is simple to use. From payment to vehicle unlocking, the entire booking process is computerized. Zoomcar also prioritizes 24-hour roadside assistance and round-the-clock customer service via a variety of channels.

Zoomcar plans to launch in additional cities such as Cebu and Davao later in 2022, after launching in Metro Manila. By 2023, Zoomcar plans to be in 20 cities across the Philippines.