Cairo – Mubasher: Zoomcar, the biggest car-sharing marketplace covering emerging markets and dominating India's self-driving car market, announced the launch of Zoomcar Green programme by the second quarter (Q2) of 2023.

Hany Olma, the VP and Country Manager of Zoomcar Egypt, said: “Through Zoomcar Green Programme, we are keen to create a greener environment by extending the eco-friendly car market, with investments amounted at $2 million over a period of up to 12 months and plan to reach the highest ROI.”

The programme will support the market dynamics to move forward towards using electric cars, to help provide more opportunities to sustainably transform the car-sharing industry, according to a press release on Sunday.

Moreover, it aims to encourage electric car owners to rent their cars via the Zoomcar platform. It further supplies them with a tonger to recharge the batteries, encouraging the transformation towards electric and hybrid cars to replace the ones with IC engines "gasoline and gas". ​

Olma added: “A team will be dedicated to provide both car owners and renters with a unique customer experience, thus contributing to building an integrated and sustainable ecosystem, and promoting the green economy. This comes as a part of our commitment to improve the quality of life for future generations, in line with COP27 recommendations to transform towards using electric cars.”  

In 2021, Zoomcar launched its services in Egypt with total investments estimated at $25 million. About 20,000 bookings were recorded last year. Last month, the company announced a final merger agreement with Innovative International Acquisition Corp, under which the company is listed on the US Nasdaq Stock Exchange.