The large oil & gas company from Kuwait, Q8, together with Snappcar’s current shareholders AutoBinck Group and Founders, have invested 8 million euros in SnappCar. This investment means that SnappCar can move towards its mission even faster: reducing the number of cars on the road in Europe by 5 million in 2020. By doing so, the streets and cities become more pleasant to live in and SnappCar reduces the emission of CO2.
Since 2017 the number of SnappCar-users in the Netherlands, Sweden, Denmark and Germany has doubled to 700.000. This makes SnappCar incredibly proud but SnappCar wants to grow even more. SnappCar expects to reach the milestone of 1 million users in the summer of 2020. Growing the user base is not all SnappCar is doing. By making carsharing more convenient SnappCar motivates as many car owners as possible to share their car on SnappCar or to even get rid of their car entirely and enter SnappCar’s community as a renter.
