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Citidrive New Transport Systems YouDrive (Carsharing)

Company

Revenue and Net Profit millions Ths. rub

Owners

+ MF technology (ITF)
+ Milner Yuri Borisovich (Benitsionovich)
+ Dmitry Grishin

Performance indicators

2022: 2.4-fold increase in turnover to 8 billion rubles

Citidriv's turnover in 2022 reached almost 8 billion rubles (GMV indicator), which is 2.4 times more than a year earlier. The car-sharing service announced such final data on February 8, 2023.

The number of trips by Citidriva cars in 2022 increased 2.2 times compared to 2021. On average, there are six flights per car-sharing car per day (an increase of 16%). The service fleet in 2022 grew by 54% and at the end of 2022 amounted to 10.7 thousand cars.

Citidriv's turnover in 2022 reached almost 8 billion rubles

During 2022, Sitidriv brought out 10 new car models, mainly Chinese brands. The fleet of electric vehicles increased to 20 cars and became available to users in all cities of the service's presence - in Moscow, St. Petersburg and Sochi. The coverage area of ​ ​ the service was increased by more than 20% - this included both zones in the city limits and suburban locations near large residential complexes and recreation areas. New dedicated parking lots have appeared near large transport hubs.

In April 2022, Citidrive launched a new loyalty program for users. Now favorable conditions are available not only to those who have used the service for a long time, but also to beginners. In May, the service presented a unique option for the car sharing market - ordering cars by the time. The user can pre-order the car at the right time and place, which allows you to plan long trips. The option is available in the morning and on package rates from 3 hours.

By mid-2022, Citidrive doubled its fleet of electric vehicles to 20 cars. In Moscow, users have become available to two new models of electric vehicles, previously unavailable in car sharing services - Tesla Model S and Volkswagen ID.4, the press service noted. Two Tesla models appeared in St. Petersburg: Model Y and Model 3 Performance.[1]

2021

Revenue growth 2.5 times, up to 3.1 billion rubles

At the end of 2021, the Citidriv car-sharing service earned 3.1 billion rubles in revenue, which is 2.5 times more than a year earlier. The net loss of the company (legal entity - NTS LLC) decreased from 1.35 billion rubles in 2020 to 1.2 billion rubles a year later. The financial statements were published in April 2022.

It follows from it that in 2021 the loss from sales of Citidriva compared to 2020 almost did not change and amounted to 1.55 billion rubles. This was reported by Interfax with reference to the company's data.

Car sharing "Citidrive" for the year increased revenue 2.5 times

In September 2021, Citidrive announced that it had increased its fleet in the Economy and Comfort segments by more than 500 Renault Arkana Kia and Rio cars, more than 150 Nissan Qashqai and more than 100 Kia Sportage. The service also added more than 100 business class A3 Audi , A4 and Q3 machines. At the same time, the company planned to increase the fleet St. Petersburg by 200 cars by the end of 2021 and expand the fleet in. Sochi How many new Citidriva cars appeared in Sochi, the company does not disclose.

According to the Department of Transport and Development of Road Transport Infrastructure of the city of Moscow, in 2021 8.5 thousand new cars appeared in the capital, 3 thousand of which are in the Citidriv park.

In June 2021, Sitidriv announced a work stoppage in Yekaterinburg. The company, its general director Aleksei Sergeyev said, decided to focus on other regions - those where demand for rental cars continues to grow.[2]

Turnover - 3.5 billion rubles

and Citymobil Citidrive, part of the Holding's O2O VK and, Sberbank on March 3, 2022, announced the results of work for 2021. Citidrive became one of the largest short-term rental companies: by the cars end of the IV quarter, the service entered the top 3 in terms of car sharing fleet size. The number of cars increased to 7,000, and the number of trips rose to almost 8 million (an increase of 80% compared to 2020). In the IV quarter, the platform's turnover exceeded 1 billion, rubles reaching almost 3.5 billion rubles over the year. More. here

History

2023

An increase in the fleet by 40% to 15 thousand cars since the beginning of the year

In almost 11 months of 2023 - from January to November - the Citidraiva fleet grew by 40% and reached 15 thousand cars. The car-sharing service cited such data on November 28, 2023, adding that the company will have more than 1,100 new vehicles by the end in Moscow and St. Petersburg.

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Over the year, the Citidrive service increased its fleet by more than 40%, becoming even more accessible to users. Car sharing gives citizens the opportunity to access the car they like here and now, which is the key to the developed transport infrastructure of the city. Each user of the service can choose exactly the car that meets its current needs, be it short trips around the city or longer trips outside the city, - said the CEO of the company Eduard Mingazhev.
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The Citidraiva fleet grew by 40% and reached 15 thousand cars

In 2023, 29 Volkswagen ID.4 and ID.6 electric vehicles appeared in the car-sharing fleet. Moreover, ID.6 is the only seven-seater car in car sharing, by the end of November 2023 it is available for rent only to Moscow.

In addition, in 2023, a five-seater SUV Chery Tiggo 7 Pro Elite appeared in Citidriva, equipped with a 1.5-liter gasoline turbocharged engine with a capacity of 147 liters. from. The model has protection against unclosed doors and a recoil system.

According to TASS, citing the press service of Sitidriva, in January-November 2023, the service brought more than 5,300 new cars to the line. The number of electric vehicles has increased almost fivefold, to 100 units. As a result, by the end of November 2023, 22 brands and 52 car models were presented in the Sitidraive car park. According to the company's own data, Citidrive has become car sharing with the largest number of electric vehicle models in Russia and the largest electric fleet among federal car sharing services.[3]

Fleet insurance for 3.2 billion rubles in SberStrakhovanie

SberStrakhovanie and Sitidriv reached an agreement on insurance of the car-sharing fleet. SberInsurance will provide protection under CASCO and OSAGO of the Citidriva machine. As of April 2023, more than 1 thousand have already been insured for a total of 3.2 billion rubles. SberStrakhovanie reported this on April 17, 2023.

The Casco agreement protects the client's cars from the most common risks - accidents, theft, natural disasters and others. The volume of coverage for Casco is 2.2 billion rubles, for OSAGO - 1 billion rubles.

{{quote 'author = said Dmitry Pursanov, director of SberInsurance retail insurance. | The demand for car sharing is growing, and we are glad to be part of this service. People appreciated its mobility and benefits - such a car does not need to be serviced, parking is free, and there is no need to take care of insurance separately. By the end of April 2023, another 550 operator's cars will be protected by SberInsurance. We plan to continue to develop cooperation with Citidrive, offering the most suitable insurance coverage to the client. So, for example, protection applies not only in the cities where cars are based, that is, in Moscow, St. Petersburg and Sochi, but throughout Russia,}}

2022

Lowering the threshold for access to car sharing services

Novice drivers gained access to Russian car sharing. Now drivers from 20 years old and with experience from a year will be able to use the services of Sitidriva. The company announced this on June 9, 2022.

Previously, there were restrictions in the service: registration required at least two years of experience.

The access threshold has been reduced in all cities where the service is present: in, and To Moscow St. Petersburg. Sochi For novice drivers cars , different comfort classes will become available, with the exception of those that are subject to age restrictions from the age of 23, for example, on. electric vehicles Tesla

During the summer, Citidrive provides a grace period for novice drivers - all tariffs and services for them will be available at current costs. And in the fall, for users with up to two years of experience, an increasing coefficient for tariffs and CASCO will begin to operate.

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We observe that with the growing popularity of car sharing, users become more responsible, take the issue of rental and driving seriously. Sitidrive is a mass service, so we strive to make it more accessible to city residents. We are confident that thanks to this change, even more people will be able to appreciate the convenience of the service and gain new experience, - said Aleksei Sergeyev, CEO of Sitidriva.
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Opening access to car order by time for all users in Moscow and St. Petersburg

Sitidriv opened access to the order of the car by time for all users in Moscow and St. Petersburg. The company announced this on June 2, 2022.

This service in the car sharing market allows you to order a car in advance for a specific time and place. Earlier, the service presented a beta version of this option for Moscow users with the highest level in the service loyalty program.

{{quote "We have successfully tested this functionality in the application and are ready to expand further. This is a fundamentally different approach to renting in the car sharing industry, which will undoubtedly be in demand by users. In the future, we will think about expanding the pool of cars and increasing time gaps, "said Aleksei Sergeyev, CEO of Sitidraiva. }}

You can order a car in the morning from 07:00 to 10:00 within the green zone and at a package rate of 6 hours.

The car will be in place 20 minutes before the time chosen when ordering, and as close as possible to the specified address. Upon arrival of the car at the scene, the user will receive a notification, and then free minutes on the road and inspection will begin - everything is like with a regular lease.

To use the service, you need to open the "Car Order" section in the Citidrive application, select a tariff from 6 hours, specify the date, time and address of submission. The service costs 99 rubles. At the beginning of June 2022, the offer applies only to Nissan Qashqai. The car can be ordered at least 6 hours in advance.

Launch of long-term car rental service

In May 2022, Citidrive began offering long-term rental vehicles. With such a service, the user himself pays for gasoline and parking.

According Kommersant rubles to Citidraiv, long-term car rental (by May 6, 2022, rental for a period of 1 month is available, prices - 30 thousand plus 5 rubles for each kilometer traveled) is aimed at using cars after they end their parking subsidies issued by the mayor's office. As Moscow part of this service, 20 Smart cars are offered. After the expiration of the four-week period, the lease will be calculated at a standard rate of 15 rubles per minute. The cost of the tariff includes CASCO and life insurance.

Car sharing "Citidrive" began to offer cars for long lease. The user himself pays for gasoline and parking

Sitidraiv says that if a long lease is in demand, the fleet will be expanded to 200 such cars.

The founder of Trushering, Iouri Nikolaev, estimates the cost of using such a car at least 43 thousand rubles a month, excluding parking. On average, the mileage of a three-year-old car in car sharing reaches 140 thousand km, so such a car will have traces of operation, warns Grigory Dudash, co-founder of The Mashina service.

According to Yuri Nikolaev, the long-term rental business model as an alternative to owning your own car previously had potential. But in Russia, a subscription to a car acquired the features of operating leasing for individuals and did not become a mass phenomenon, he points out.

Grigory Dudash says that since the beginning of the crisis [we are talking about the Russian special operation in Ukraine and the subsequent sanctions], the prices for maintenance and insurance of equipment for b2b players have not grown as critically as for an ordinary client, and renting can become more attractive than owning a car.[4]

An increase in the fleet by 2 thousand cars

At the end of March 2022, Citidriv announced that from the beginning of 2022, the car-sharing service has increased its fleet of cars by 2 thousand cars, to 9.1 thousand units, in the next few weeks the fleet will increase by another 900 cars under an agreement with a leasing company - up to 10 thousand units.

2020: Revenue - RUB 1.2 billion

The revenue of Citidriva (New Transport Systems, until recently the company operated under the YouDrive brand) increased by 42%, to 1.2 billion rubles.

2019

Russians can invest in the purchase of cars for car sharing YouDrive with a yield of 13%

On September 24, 2019, YouDrive launched an investment program that will allow Russians to earn money by increasing the car-sharing service fleet. The company promises a return of 13% per annum and a car buyback by the service in three years.

Individuals and legal entities were able to invest in the purchase of a car for YouDrive. It will be possible to apply on the company's website, sign an agreement for the purchase of a car by a dealer or its lease, after which the car will go to the line. After that, within three years, the service undertakes to pay income to the investor every month and buy out the vehicle at the end of the lease term.

YouDrive wants to increase fleet at the expense of innovative investors

At the time of the launch of the initiative, the acquisition of Hyundai Creta, Volkswagen Polo, Hyundai Solaris, Renault Arkana, Renault Kaptur, Kia Rio X-Line models is available.

For example, the payment for Hyundai Creta (approximate cost including VAT - 1.05 million rubles) will be 26 thousand rubles, and in three years YouDrive will take it for 630 thousand rubles. In the event of an accident without the possibility of recovery or theft, the investor will receive an insurance payment with the preservation of profitability. The car undergoes maintenance at the official dealer at the expense of YouDrive under the control of the company's technical personnel.

According to the head of YouDrive Boris Golikov, by September 2019, the Russian car-sharing market still has growth potential. With the help of the investment program, the company can reduce dependence on leasing companies, he said.

The analyst Finam Group of Companies Leonid Delitsyn believes that this proposal may interest about 4-5 thousand innovative investors who are interested in any opportunity to earn money. The head of the investment ideas department BCS Broker , Narek Avakyan, is sure that self-renting a car for an economy class taxi is much more profitable, because it can bring at least 30% per annum.[5]

Mail.Ru Group bought YouDrive

On August 22, 2019, Mail.Ru Group announced the acquisition of a controlling stake in YouDrive in conjunction with the investment company Proxima Capital Group. The financial terms of the agreement were not disclosed, as well as the size of the share of the car-sharing service, which entered the perimeter of the transaction.

According to the agreement reached, Mail.Ru Group receives car-sharing YouDrive, a short-term car rental service for taxi YouDrive Business and a platform for transferring cars to YouDrive Pool car sharing, according to a press release received by the editorial office. TAdviser

Mail.ru Group bought YouDrive car sharing for a joint project with Sberbank

YouDrive will spend the funds on growth, data analysis and improving the efficiency of the fleet, including with the help of the Mail.ru Group technology laboratory.

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The agreement will strengthen the priority mobility vertical for the company's ecosystem: transport is one of the largest digital consumer markets in Russia, and car sharing has great potential for synergy with the taxi business , Mail.Ru Group said in a statement.
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Boris Dobrodeev, CEO of Mail.ru Group, says that the deal meets the goals of a joint platform with Sberbank - car sharing will expand the offer in the field of transport and help meet most of the mobility needs of users. 

At the end of June, Sberbank and Mail.ru Group signed an agreement of intent to create a joint venture on the basis of Delivery Club and Citymobil. YouDrive is expected to enter this JV.

In the message, the Mail.ru Group says that the asset will not be consolidated in its statements, but will be reflected in the item of assets held for sale: "In the future, the parties plan to attract new partners for YouDrive."

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First of all, we will concentrate on analyzing data and creating new services available through our application in order to solve the main problem - to find a balance between fleet efficiency and user convenience, "said Boris Golikov, CEO of YouDrive.
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2018: Revenue - 787.4 million rubles, losses - 82.2 million rubles

Revenue of New Transport Systems (YouDrive) in 2018 amounted to 787.4 million rubles, and net loss - 82.2 million rubles.

2017: BMW i3 electric cars for rent

On October 24, 2017, the YouDrive car sharing service announced the possibility of renting BMW i3 electric cars.

According to company representatives, the introduction of electric vehicles was a logical step in the development of the YouDrive car sharing service. Moscow's program for the development of a network of electric filling stations has created opportunities for this. So, parking spaces near gas stations are assigned to electric cars - marked with special signs, and no one else can occupy them, except for the driver of an electric car. The expansion of the use of electric vehicles in the capital will help reduce harmful emissions into the atmosphere, YouDrive is convinced.

YouDrive offers BMW i3 electric cars for rent
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The BMW i3 is currently the most environmentally friendly car in terms of environmental impact from production and operation to disposal. It focuses on all the achievements of BMW Group in the field of an environmentally friendly approach to surface transport. Carbon body, the use of recycled materials in the structure, grown for cutting eucalyptus, specially treated wool - all these details speak of an advanced approach to premium cars of the future. YouDrive has acquired the latest generation of cars that have a 50% greater supply of electricity, and therefore a greater range. And, of course, we are glad that YouDrive chose BMW Leasing as the financial partner of the transaction, - said the CEO of BMW Group RussiaMaximilian Kellner.
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Participation in the development of infrastructure for electric transport is one of the most important areas of activity for YouDrive, - said Boris Golikov, founder and managing partner of YouDrive, - because electric vehicles occupy an increasingly significant place in the global auto industry.
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BMW's i3 electric cars will be available to YouDrive car sharing users from the end of October 2017. The rental price will be 1000 rubles/hour, but not more than 12 thousand rubles per day. Charging is hourly, minutes are rounded up. The price includes 20 or 30 minutes of free booking, depending on the user's rating. When the car is transferred to the "Charging" mode (installing the car at the charging station), no payment is charged.


Electric cars in Russia and the world

Electric vehicle sales rose 55% percent in 2016 (compared to 2015) and are likely to grow 39% in 2017, according to Bloomberg New Energy Finance. In total, at the end of 2016, 800 thousand electric vehicles were sold worldwide. The fleet of electric vehicles in Russia is gradually growing, but there are still very few of them. According to the analytical agency Avtostat, at the beginning of 2016, 647 cars were registered in Russia.

Charging stations

According to the PlugShare application (a detailed map of charging stations around the world), as of the end of October 2017, there are about 80 points in Moscow where you can charge the car. The stations belong to PJSC Russian Networks and PJSC Mosenergo. According to Maxim Liksutov, the mayor of Moscow signed a cooperation agreement between the Moscow Government and Mosenergo on the development of the use of electric vehicles in Moscow. Thus, Mosenergo will install electric filling stations for electric vehicles at its own expense, in turn, the Moscow Government will provide land plots, including in the paid parking zone.

See also

Notes