Ryde offers luxury car-sharing service in US

The fleet is supplied by individual vehicle owners who list their cars on the app for rent. The software then matches them with customers based on their requirements.

Thanura Yapa, founder and CEO of Ryde, said: “We believe that our new app will allow our customers to enhance their trip experience and to navigate the vehicle selection process.

“Unlike any existing carshare experience, Ryde offers an auto insurance package for no additional charge to its customers and renters to give them the peace of mind they want and ensure customer loyalty from the time of drive-off to the return of the keys to the vehicle owner.”

Ryde will launch initially in Los Angeles, California, with a selection of premium luxury vehicles in its database and plans to expand to additional major metropolitan areas during 2018.