Reflecting on a year of progress
How is it that we’re already saying adieu to 2022, and preparing for a brand new year? It’s been a banner year at Getaround, where we continue to listen, learn, and improve our product for our valued guests and hosts. We’re proud of our accomplishments, grateful for our community, and excited for what 2023 will bring!
In 2022, we:
Reached landmark of 1,000 cities served
Getaround is now available in more than 1,000 cities across the United States and Europe. From San Francisco and Salem to Paris and Oslo, we’re proud to help more people live car-free through contactless carsharing.
Grew New York to one of our largest markets within a few months of relaunching
As a result of years of advocacy and broad-based support among policymakers, the Peer-to-Peer Car Sharing Program Act allowed Getaround to provide platform insurance to cover trips within New York at no extra cost to either car hosts or guests. In the past few months we’ve added hundreds of Getaround cars in New York City and the surrounding area, making carsharing a viable option for residents and travelers alike.
Established and grew partnerships with Uber, Kayak, and others
These partnerships benefited our hosts by providing greater reach and incentives, our guests by allowing them to make money on the platform by participating in the gig economy, and by offering carshare as an option for travelers and others looking for an alternative to traditional car rental companies.
Reintroduced luxury vehicles on the platform
We updated our eligibility requirements for luxury cars, including certain makes of BMW, Infiniti, Mercedes-Benz, Tesla, and many other luxury vehicles, expanding the variety of cars available.
Launched new and improved pricing models
Our team revamped car pricing to better reflect demand in our marketplace, benefiting guests and optimizing earnings for hosts. We also began experimenting with reduced prices for multi-day trips, keeping Getaround competitive with other transportation options.
Strong performance from 95% of hosts on the platform helped drive these decisions.
Achieved Great Place to Work in our EU market
The Great Place to Work 2022 survey was unveiled in May 2022, and we were thrilled to be amongst the companies certified for France and Norway. Our European team, based in Paris and Oslo, graded the company top scores across all categories of workplace quality, earning an average score of 91% for its first participation in the study! The responses highlighted strong values such as authenticity, collaboration, trust, and equal opportunity.
Became a publicly traded company
Another milestone achieved in New York City. On December 9, we commemorated Getaround’s debut on the New York Stock Exchange by ringing the opening bell. The moment was a testament to the resilience of our team, support from our investors, and of course, our dedicated community of hosts and guests.
As a publicly traded company, Getaround (Symbol: GETR) takes another step toward realizing our vision for a future in which all cars are shared.
Thank you to everyone who helped make 2022 a great year for Getaround. Here’s to a new year filled with adventures, travel, and getting things done!