BUSINESS
12/19/2019 08:38 EST | Updated 12/19/2019 09:07 EST

Share Now, Formerly Car2Go, To Shut Down Canadian Operations In 2020

The car-sharing service says it's pulling out of Vancouver and Montreal.

Larry MacDougal/The Canadian Press
A Car2Go vehicle is seen here in Calgary in July 2015. The car-sharing service says it will shutter operations in Vancouver and Montreal on Feb. 29, 2020.

Share Now, the company formerly known as Car2Go, will stop operating in North America at the end of February.

The company says in a statement it will cease its Montreal and Vancouver operations on Feb. 29, 2020.

Share Now will also shutter operations in its three U.S. markets — New York, Seattle and Washington, D.C. — as well as three international markets — London, Brussels and Florence.

The company says its choice to stop operating in North America comes amid “the volatile state of the global mobility landscape” and “the rising infrastructure complexities facing North American transportation today.”

The company will focus on the 18 European cities where it will continue to operate.

Share Now, which formed after a merger of car sharing services Car2Go and DriveNow in February, says it deeply regrets the inconvenience its decision causes.

This report by The Canadian Press was first published on Dec. 18, 2019.

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