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YoYo Car Sharing Service: 5 Things to Know

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A car sharing service called YoYo is here .

Source: Christine und Hagen Grafvia Flickr

Here are five things to know about the new company:

  • The startup is being launched by Hari Iyer, the former chief operating officer of Elio Motors, Inc.
  • YoYo is an on-demand car subscription service.
  • You pay based on how many miles you travel with the company.
  • The concierge service is slated to be cheaper than owning a car.
  • You can use the YoYo app to order a vehicle, which you can pick up or have delivered.

Read more about it here .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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