PPzuche, a P2P car sharing platform which has already rolled out service in Singapore, will hit Chinese market on October 10 (report in Chinese). PPzuche will first land in Beijing, mainly focused on low-and medium-tier cars, whose owners range from 25 to 40 years old. iCarsclub, developper of PPzuche, localized their services and planned to cooperate with domestic roadside assistance companies in the future.

Instead of owning cars, PPzuche creates a virtual fleet from the car owners who list their car on the car sharing platform and rent it out to nearby drivers who need a car, turning private car resources into money-making opportunities rather than letting them sleep in the garage.

The service is similar in many ways to car rental services like YongChe or America’s ZipCar, except that it collects cars from both private and business car owners. The company claimed that car sharing is a better alternative than car rental, because it offers cars in better conditions, has cheaper rentals and simple renting procedure. PPzuche will take 30% of the rentals, while car owners will get the rest 70%.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.