New Car Sharing System in Malta Provides Hope

How often have I report­ed on the atroc­i­ty of con­gest­ed roads in Mal­ta? Demand­ed change to the trans­port sys­tem on the island? More than a few times. I have recent­ly caught on to a small but impor­tant change on the hori­zon. A new car shar­ing com­pa­ny has gone onto the mar­ket. With a fleet of 150 elec­tric vehi­cles, this new sys­tem is intend­ed to rem­e­dy the chaos that is traf­fic here. It is one of the first car-shar­ing sys­tems in Mal­ta and is there­fore a mile­stone in what is the seem­ing­ly com­pli­cat­ed sci­ence of trans­port here.

Malta’s Electric Car Quota To Benefit From GoTo

The gov­ern­ment plans to reach the quo­ta of 5,000 elec­tric cars in Mal­ta by 2020, with 150 of those vehi­cles being “plant­ed” by GoTo in Mal­ta. Trans­port Min­is­ter Ian Borg was extreme­ly sat­is­fied with this new devel­op­ment. The whole of Mal­ta could be very sat­is­fied with these invest­ments of over €8 mil­lion. GoTo belongs to the Israeli com­pa­ny Car2Go, run by CEO Gil Laser.

No Pesky Rental Centres

The spe­cial thing about GoTo is that there are no rental cen­tres to con­tend with. That means no wait­ing in line, just hop in and go! In Ger­many, BMW and Mer­cedes are already known to pro­vide these ser­vices- their vehi­cles can be found through­out a city and can park any­where (with­in a cer­tain radius). This con­cept should also be imple­ment­ed in Mal­ta. A par­tic­u­lar chal­lenge is the lack of avail­able park­ing space. Motorists here face this dif­fi­cul­ty to an extreme on a dai­ly basis. There­fore, the com­pa­ny wants to cre­ate 450 extra park­ing spaces where the vehi­cles can be parked. Fur­ther­more, 225 charg­ing sta­tions for the elec­tric cars are to be sta­tioned around the island to pro­vide ease of recharge for cos­tumers.

Potential For Mass Savings In Private Households

The pric­ing sys­tem pro­posed is very sim­ple. With a month­ly fixed amount of €7 you gain access to the GoTo car shar­ing mem­ber­ship, plus €0.28 per minute dri­ven. GoTo bypass­es a kilo­me­ter-depen­dent flat rate, a sys­tem which would make lit­tle sense on an island 27 km long and 14.5 km wide. Accord­ing to the com­pa­ny, a pri­vate house­hold could save up to € 3,800 when com­pared to the total cost of own­ing a car.

Although I do not believe that all of the Mal­tese will imme­di­ate­ly jump for joy — they love their cars too much — I would regard this as an impor­tant step, as well as the cor­rect step, towards fix­ing the island’s vehic­u­lar infra­struc­ture.

About Philipp Sauerborn

In 2005, Philipp Sauer­born joined the firm of St. Matthew in Lon­don, one of the lead­ing Ger­man account­ing firms in Eng­land renowned for its exper­tise in cor­po­rate, com­mer­cial and tax law, as a depart­ment head. After three years, he was a part­ner and man­ag­ing direc­tor.
Towards the end of 2011, he decid­ed to move to Mal­ta, where he first worked at inter­na­tion­al law firms and con­sul­tan­cies in an employed and con­sult­ing capac­i­ty. Since the begin­ning of 2013, he has been a senior employ­ee at Dr. Wern­er & Part­ner. Mr. Sauer­born is cur­rent­ly com­plet­ing his ADIT ‑Advanced Diplo­ma in Inter­na­tion­al Tax.

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