Puneet Varma (Editor)

ReachNow

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Type
  
Public (subsidiary)

Services
  
Carsharing

Website
  
www.reachnow.com

Founded
  
8 April 2016

Parent organization
  
BMW

Industry
  
Car rental

Owner
  
BMW Group

Headquarters
  
Seattle

Number of locations
  
1

ReachNow httpsuploadwikimediaorgwikipediacommonsff

Key people
  
Steve Banfield (Chief Executive Officer)

ReachNow is a carsharing service operated by BMW Group in Seattle, Washington, Portland, Oregon and Brooklyn, New York. It uses a mobile app for car reservations and operates a fleet of over 1,000 vehicles. It is one of three car sharing services in the city of Seattle, competing with car2go and Zipcar. ReachNow is similar to another BMW Group service DriveNow, but is focused on North American cities starting with Seattle.

Contents

Reachnow you failed me


History

It launched in April 2016 with 370 vehicles. In May 2016, Steve Banfield was named Chief Executive Officer and the company declared that they had reached 13,000 registered members; Car2Go, the main competitor to ReachNow in Seattle, stated they had 77,000 members at the time.

In December, ReachNow announced that it would add 180 cars to its fleet in Seattle, bringing the total to 700, and lowered its minimum age requirement to 18 years old. The company is also expanding its operations to include four new Mobility Services: Reserve, Share, Fleet Solutions and rideshare service, ReachNow Ride to compete with Uber and Lyft.

Service area

ReachNow initially launched in April 2016 serving a limited area of the city of Seattle, but expanded several times to eventually encompass the entire city by December. ReachNow also expanded to serve the Seattle–Tacoma International Airport in August 2016.

ReachNow expanded to Portland, Oregon on September 19, 2016, and parts of Brooklyn, New York in November. Service in Brooklyn was suspended due to maintenance issues.

Fleet

ReachNow has a fleet of 700 vehicles in Seattle, 360 in Portland and 260 in Brooklyn. Models include the BMW 328xi and BMW 330xi sedan, the electric i3, the Mini Cooper (in both 2-door and 4-door configurations), and the Mini Clubman. In December, ReachNow added BMW X1s to its fleet.

References

ReachNow Wikipedia