Lime is well known as a scooter and bike sharing company but it’s now ready to offer a more widely used mode of transportation. It’s launching its first car-sharing service in Seattle. The service, called LimePod, will be available in Seattle starting this week with a fleet of 50 Fiat 500 cars at launch.
Lime will be adding more cars to its service weekly. The plan is to have 500 cars in the fleet by the end of the year. Lime aims to have 1,500 LimePod cars in Seattle by early next year. At that point it would be the single largest free-floating car-sharing program in a U.S. city.
The service will operate in a fashion similar to its bike and scooter offerings. Users will rely on the app to find cars, unlock them for $1 and then pay $0.40 per minute to drive them around the city. The price includes insurance. Since it’s a free-floating service, users aren’t required to bring cars back to their designated parking spots.
The company is looking to expand the car-sharing service to another city in the United States. The second location will be a city in California that the company is not naming at this point in time. LimePod has plenty of competition already with Daimler’s Car2Go and BMW’s ReachNow services being well established.