VW aims at ride-pooling market with all-electric minibus

Volkswagen has unveiled an all-electric minibus to target urban customers who prefer to pay for use rather than own a vehicle, furthering the German company's push into new forms of online-controlled personal transport services. Volkswagen's (VW) new MOIA'mobility services' division on Monday announced plans for a fully electric international ride-pooling service that aims to remove 1 million cars from European and U.S. cities by 2025. The new division aims to take on Uber with its services. The six seater all electric minibus will target urban customers who prefer to pay for use rather than own a vehicle, furthering the German company's push into new forms of online-controlled personal transport. The business prospects are huge, consultants A.T. Kearney said in a study published in October. The global market for self-driving vehicles and related services may surge to $282 billion by 2030 from $51 billion in 2020, the firm said.