General Motors Unveils Maven Plan

Peer-to-peer (P2P) computer networking, when two or more computers share the same resources, is not a new concept in tech. 

However, now the idea has gravitated to the car business through General Motor’s Maven car-sharing unit. The unit allows car owners to rent their vehicles when not using them, and soon people will have the capability of placing their cars on Maven’s platform. The revenue generated will be shared with GM. 

Another unit of maven is Maven Gig that lends cars to Uber and Lyft drivers, among others. Two start-up companies, Turo and Getaround, do the same thing but will be dwarfed by GM once the latter gets fully engaged in the business. But venture capital and other automakers see enough promise in the concept to finance the smaller companies with large equity stakes. 

Tesla, one of the behemoths of the new age car business, is also studying the future of peer-to-peer car sharing. Competitors should be aware that there is no easy lay-up available to any company entering the business even though the idea seems ripe with promise.

Follow us on social media for the latest updates in B2B!

Latest

BioTech Startups Want to Revive Failed Medicines to Create New Lifesaving Treatments
Behind the Clinical Trials for Non-Alcohol Fatty Liver Disease that Can Benefit 30% of Americans
July 1, 2022
  The Impact Research Institute (IRI) is Waco, Texas’ resource for extending care options for NAFLD (non-alcohol fatty liver disease.) Nadege Gunn is IRI’s Medical Director and President. She Read more
FABTECH Show Kickoff and Overview of Solutions Distributed by DeGeest
June 30, 2022
This is another episode of Manufacturing A Stronger Standard live from FABTECH 2021. Host and President of LestaUSA and DeGeest Corp., Derek DeGeest, talked with Brad Ruppert, Engineering Manager, and Read more
Improving Quality and Bottomline for Finishing Operations
June 30, 2022
This is another episode of Manufacturing A Stronger Standard from FABTECH 2021. Host and President of Lesta USA and Degeest Corp., Derek Degeest, talked with Bill Robinson, President and Kris Bonnegent, Regional Read more