Uber Carshare

Uber Carshare is an Australian company that facilitates peer-to-peer car rental, a system by which individuals may rent privately owned vehicles on an hourly or daily basis to other registered users of the service. Established in 2012 as Car Next Door, it currently operates in all Australian capital cities as well as the Gold Coast, Sunshine Coast and Newcastle.

The founders appeared on season 2 of the Australian Shark Tank TV show in 2016 and secured an investment from 'shark' Steve Baxter. The startup also secured a A$2.5 million investment from Caltex Australia (later Ampol) the same year.

Hyundai invested in the company in 2019, and listed a number of its electric Ioniq vehicles for sharing through the platform.

On 20 January 2022, the company was acquired by Uber for an undisclosed sum. This was Uber's first Australian acquisition. The company continued operating independently following Uber's takeover with co-founder Will Davies as the chief executive until November 2022 when it was rebranded as Uber Carshare.

How it works
The company addresses the lack of trust and lack of ease that would otherwise discourage people from sharing their cars with others, by:


 * Providing an online forum where vehicle owners and borrowers are registered, vetted, and approved;
 * Providing a feedback system to allow vehicle condition and member behaviour to be rated and reported by other members;
 * Providing in-car technology that enables keyless access to the car, and an automated, web-based booking platform;
 * Providing in-car GPS technology that tracks the car's location, reducing the risk of theft and misuse of the vehicle;
 * Providing insurance covering owners and borrowers; and
 * Handling payments between owners and borrowers.