A Vancouver-based transportation startup with a fleet of electric vehicles is operating again with new features after the pandemic caused it to temporarily halt operations.
RYD, also known as Rethink Your Drive, has launched an app that offers service to the general public. The app allows users to call a vehicle, navigate stops and select membership options, starting at $50 per month. In the coming months, the company will also introduce pay-per-rides and weekly passes. The app is available on the Apple Store and Google Play.
The business model is meant to address a growing parking issue in downtown Vancouver as density increases. RYD partners with owners of parking lots and with businesses to allow clients’ workers to park outside of the downtown core — then a RYD car will transport them to work and back.
Architect Casey Wyckoff, founder and co-owner, began the program in 2018 and has been growing the fleet ever since. The pandemic halted business while employees waited for in-office culture to return. During that time, RYD secured a $27,335 Payroll Protection Plan loan.