Business is Boring is a weekly podcast series presented by The Spinoff in association with Callaghan Innovation. Host Simon Pound speaks with innovators and commentators focused on the future of New Zealand. This week he talks to Erik Zydervelt, Founding Director and CEO of Mevo.

This week the Business is Boring Podcast chats to the founder of a revolutionary new ride share program, prominent in Wellington and with big plans. It’s the future, it’s electric, it’s the vibe, it’s Mevo. This is an interesting one. In a few years people will probably be looking back and thinking it was absolutely bananas how many people had cars, and how little they used them.

If you think about it, having an asset that you use less than an hour a day, yet where you are responsible for every bit of depreciation, servicing, insurance, risk and upkeep, well it doesn’t seem the brightest model. And as cities begin to price in all the free space they are given in the form of road parking; as automation advances; and as urban density increases; the days of every family having 2 cars are looking pretty much numbered. But the thing is, cars can be really handy, and although you may not be best to own one, having access to them can be a real win. So around the world car-share services, and car on-demand services are springing up, and in Wellington, New Zealand, a particularly interesting home-grown one is in operation.

Mevo allows users to open an app, find a near-by plug-in hybrid Audi, unlock it with their phone, hire it by the hour, and then when finished, park it in any metered park in most of Wellington central so long as it is run by the council. And then you just walk away. It’s the convenience of a Lime scooter, except sanctioned by councils and cutting down road clutter instead of adding to it. The idea has launched with some impressive backers on the board, and with investment from Z and Audi NZ and with a novel carbon positive approach to offsetting emissions - they sequester 120% of what you make, and into rainforests that will actually retain the carbon. It’s a cool idea, with thousands of users, many ditching their cars, and it is becoming part of the transport mix in Wellington. To talk the journey, where it could go from here, and what transport might look like into the future, Erik Zydervelt joined the podcast, that you can find below.

Hosted on Acast. See acast.com/privacy for more information.

Learn more about your ad choices. Visit megaphone.fm/adchoices