
š„ We're excited to announce that the first-ever "ATOM Mobility Hub" program hasĀ concluded with Shrink Scooters taking home theĀ main prize š
ATOM Mobility will set them up with a free software solution for a year to accelerate the launching and growth of their business of bringing shared mobility to UK university campuses.
Congratulations also to the four runner-ups: Swap City, JETT, Mobi-EV, and Drop, as well as all the other teams successfully completing the program. š
We can't wait to see what you'll achieve in the future!
š Finally, we'd like to express our gratitude to the program's lead mentorsĀ and the program partners without whom the program would not be possible: Dr. Johanna Braun, Mario Gamper, KNOT // docking and charging for micromobility, Fluctuo, Funderbeam, ACTON, Anadue, Sumsub, movmi - Shared Mobility Consultants, Helve, EIT Urban Mobility
ATOM Mobility Hub is a free venture-building program meant to help ambitious entrepreneurs to build their mobility companies from zero. The nine-week programme ended with participant business pitches to mobility industry experts and investors on early December, 2022.
Read more:
https://labsoflatvia.com/en/news/student-led-company-triumphs-at-atom-mobility-hub
You can learn more about ATOM Mobility HUB here:Ā
https://atommobility.com/hub
If you are interested to start your own vehicle sharing/rental business ā head over here to request a demo and we'll get back to you as soon as possible.
Click below to learn more or request a demo.

šø ATOM Mobility launches āOffer your priceā - a rider-controlled pricing feature. Riders can suggest higher or lower fares within pre-set limits. Boosts demand & helps stand out in competitive ride-hail markets šš
The ride-hailing market is always changing. From Latin America to Eastern Europe, platforms like inDrive have popularized a new norm: letting riders suggest what they want to pay. Now, in response to this growing global trend, ATOM Mobility is proud to introduce: Offer your price ā a fully configurable pricing feature built right into your rider app.
š”How It works
Available on all ride-hail projects, this feature lets riders propose a price ā higher or lower than the default fare ā within operator-set limits. Drivers can then accept or decline based on the offer.
Hereās how it reshapes the experience:
In the Rider app:
- A new "Offer your price" button appears when selecting a vehicle class.
- Riders can slide or tap ā+/-ā buttons to adjust price:
- e.g. +30% to get a faster ride š¢
- or -10% to save on a flexible trip šµ
- For scheduled rides, this feature is disabled to keep things predictable.
Smart logic behind the slider:
Your admin dashboard defines the limits ā say, up to +500% from regular price and down to -30% ā and the app calculates step sizes automatically:
- +500% limit ā 1 step = 5%
- +100% limit ā 1 step = 1%
- +200% limit ā 1 step = 2%
Slider position adapts dynamically, depending on your defined range. And yes ā the button color and style can be customized to match your brand šØ.
On the operator dashboard:
Youāll find complete control and clarity:
- Enable/disable the feature per vehicle class
- Set custom % limits for price increase/decrease
- Price card, exports and ride activity logs are all updated with the adjusted ride price
- New ride status - Ride requested (adjusted ride price) for transparency in reporting
What drivers see:
In the driver app:
- Price offers are marked clearly (e.g. š» "Discount requested" or šŗ "Extra fee offered");
- Final earnings are adjusted accordingly and logged in driver stats.
Who's already doing this ā and winning?
Real-world companies are already proving that rider-defined pricing works:
š inDrive (LATAM, Africa, Asia)
Now one of the top global ride-hailing players outside the U.S. (over 200M downloads, active in 700+ cities across 45+ countries), inDrive built its brand around rider-negotiated pricing. It helps them stand out in price-sensitive markets and win over both drivers and passengers with more transparent pricing dynamics.
š Comin (France)
A local success story, Comin has embraced flexible rider pricing to gain traction in several French cities (onboarded 6,000+ drivers). The feature gives them an edge against larger platforms, offering more freedom for users and better utilization for drivers.
These examples show that letting riders bid their price isnāt just a gimmick ā itās a growth strategy.

From our previosu blog āHow to Find Your Niche in the Ride-Hail Marketā, we saw how localisation and user control drive loyalty and conversion.
This new pricing flexibility supports:
- Emerging markets with income-sensitive riders
- Driver shortages, where riders can tip in real-time
- Brand positioning, letting you stand apart from competition
š Ready to lead the market?
This is just one of the 300+ features available in ATOMās white-label ride-hailing platform.
Letās talk about how to launch or upgrade your app with āOffer your priceā, advanced pricing logic, and more tools to dominate your niche.
š Contact our team and explore how to become the market leader: www.atommobility.com

šš” Is car sharing still a profitable business in 2025? Short answer ā yes, if done right. From rising fleet costs to smarter user behavior and green transport trends, the shared mobility game is changing fast. Learn what makes a car sharing business work today ā and why some succeed while others shut down. š Real stories, data-backed tips, and practical advice for operators and mobility founders.
In 2024, the global car-sharing market was valued at approximately ā¬8.9 billion, with Europe accounting for over 50.2% of that total. Analysts forecast it will grow at a CAGR of 11.8% between 2025 and 2033, reaching roughly ā¬24.4 billion by 2033. This blend of urbanization, environmental regulation and a growing preference for flexible mobility continues to create fertile ground for operators - yet not every service finds a clear path to profitability.
Success hinges on your location, business model, fleet, operations and local market dynamics. There are strong success stories, but also many high-profile failures. Hereās a closer look at what really affects profitability in todayās car-sharing market - and what you can learn from real-world cases.
What makes a car-sharing business profitable?
Profitability in car sharing boils down to securing enough paid usage while keeping costs under control. Every unused hour or unnecessary expense erodes margins.
Key factors:
- Fleet utilization ā the most important metric. Cars need to be in use several hours each day to cover fixed costs.
- Operational efficiency ā cleaning, charging, relocation, maintenance and insurance add up quickly.
- Fleet acquisition ā leasing usually optimizes cash flow and scalability, but still carries fixed monthly expenses.
- Pricing and competition ā too low cuts margins; too high drives away users. Finding the right balance is essential.
- Tech stack ā a robust platform automates operations, improves customer experience and reduces support costs.
The operators who win are those who combine solid daily usage with lean operations.
ā PANEK S.A. suspends its car-sharing service to focus on rental
29 March 2025 marked the end of Panekās car-sharing experiment. Despite peaking at 2 700ā3 000 vehicles, Panek never turned a profit in over seven years.
About Panek
- Launch: Car sharing added in 2017 by Maciej Panek, entirely internally funded (no VC)
- Fleet mix: City cars, hybrids, EVs, cargo vans and vintage models
- 2023 acquisition: Regional Rent (+ 45% fleet), making Panek Polandās largest integrated rental/operator
2024 performance
- Revenue split: Car sharing ā 20 % of total. Traditional rental 80 %
- Utilization: 0.7ā1.0 rides/car/day
- Maintenance & overhead: Up to ā¬690/car-month
- Profitability: Negative since inception
Why it failed
- Under-utilization: < 1 ride/day vs. ~ 2-4 rides/day needed to cover fixed costs
- Price wars: Fierce competition in Warsaw eroded margins and drove up customer-acquisition costs
- High OPEX: Parking, maintenance, insurance and vandalism pushed costs > ā¬690 per car each month
- Tech drag: Two-year outsourced app development cycle meant poor UX and slow feature delivery
- No public support: Missed out on parking incentives or EV subsidies
Faced with persistent losses, Panekās leadership refocused on profitable core segments: daily/weekly rentals, corporate leasing and Fleet-as-a-Service.
š WiBLE Spain finds its profitable lane in Madrid
WiBLE (50/50 joint venture between Kia Europe and Repsol) launched in 2018 and has just closed its second consecutive year with positive EBITDA.
- Fleet: 600+ plug-in hybrids (Kia Niro, XCeed, Ceed Tourer)
- 2024 revenue: ā¬6.93 million (+ 5% vs. 2023)
- Usage: ~1 500 trips/day ā 2.5 rides/car/day
- āDiversification: Monthly rentals (ā¬599+) now 5% of revenueā
- Market share: ~19% of Madridās car-sharing market
Key enablers:
- Higher utilization ā rides up 15% YoY, driving a 10% lift in core revenue
- Fleet scale efficiencies ā added 150 vehicles in 2 years, lowering per-unit costs
- Service diversification ā multi-day and monthly rental options opened new revenue streams
After five years of absorbing fixed-cost drag and depreciation, WiBLE now leverages Madridās regulatory environment (low-emission zones, parking benefits) and delivers lean, tech-driven operations.
š SOCAR South Korea: scale + longer rentals
SOCAR (backed by SoftBank, SK Inc. and Lotte Group) operates 20 000 vehicles, generates nearly ā¬300 million in annual turnover and has 20% of South Koreans signed up.
- Model: Station-based, pay-per-minute with average rental duration of a whoping 12 hrs
- Segmentation trick: Aging cars shift from on-demand sharing to long-term monthly rentals (10% of revenue), extending resale life with minimal depreciation impact
By pairing massive scale with savvy car lifecycle management, extra-long rental duration, SOCAR converts high utilization into robust profitability.
š Carguru (Latvia)
30 August 2024: Carguru (est. 2017) acquired EV-focused OX Drive (est. 2021), adding 200+ Tesla to the fleet.
- Growth: From just 30 cars and total budget below 500 000 EUR (2017) to over 1 000 cars (mid-2025) via leasing and strategic partnerships
- 2023 turnover: ā¬4 million; 435 000 trips (+35.9 %); 7 million km driven; profit ā¬375 600
Outcome: A combined ICE, hybrid and EV fleetābacked by local expertise and strategic acquisitions - has driven strong growth and high utilization.
šÆ Core suggestions for aspiring operators
- Target 2ā4 rides/day per vehicle
- Leverage dynamic/off-peak pricing, B2B partnerships (hotels, offices) and event tie-ins.
- Contain OPEX via automation
- Use predictive maintenance, remote diagnostics and gig-economy cleaning/relocation.
- Secure municipal support early
- Negotiate parking incentives, EV charging access and low-emission zone permits.
- Choose your tech wisely
- Build an in-house development team for full control with higher costs, or adopt a proven white-label platform for speed to market, stability and lower costs.
- Validate unit economics before scaling
- Prove break-even utilization in one zone before expanding to others.
With clear benchmarks and smart execution - drawing on lessons from Panek, WiBLE, SOCAR and Carguru - car sharing can still be a highly profitable component of a modern mobility portfolio.
If youāre planning to start or improve your service, ATOM Mobility is ready to help. Weāve built the platform and supported dozens of teams worldwide - reach out, and weāll share what weāve learned.
ā
Image credit: https://kursors.lv/2018/03/13/carguru-palielina-autoparku-un-paplasina-darbibas-zonas-mikrorajonos