Ponycar takes advantage of car-sharing industry boom

Car-sharing provider Ponycar will continue to expand its market presence in China's major cities as the booming car-sharing industry has drawn increasing interest from urban drivers, according to a senior company executive.

"We are promoting an environmentally friendly and smart driving experience in cities," said Liu Yixun, founder of Ponycar.

The Shenzhen-based company launched its service in Guangzhou, the capital of Guangdong province, in June, after first launching in Shenzhen over six months ago.

"We will expand the successful business mode in Shenzhen to other first-tier cities," said Liu.

According to Liu, the company will also enter 10 second-tier cities in the near future.

"We are aiming to develop into a major car-sharing provider of electric vehicles as the country promotes green transportation," said Liu.

Since launching its services, Ponycar has put more than 2,000 electric vehicles on the road in Shenzhen, with a registered number of over 100,000 users, according to the company.