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Sign upJanuary 31, 2018
WiBLE
Madrid
WiBLE carsharing has quickly established itself as a profitable leader in Madrid’s mobility sector. With 300,000 users and more than 2 million trips per month, WiBLE offers carsharing, car subscription and digital rental options, providing flexible and sustainable transportation solutions. Launched to reduce the abundance of private vehicles in Madrid, WiBLE’s fleet of 650 plug-in hybrid Kias contributes to the city’s zero-emissions goals. Powered by Vulog's AI-powered technology, WiBLE ensures seamless operations and has transformed how Madrileños view urban mobility. This success is a testament to WiBLE’s innovative approach, strategic partnerships and use of Vulog's technology, demonstrating how operators can pivot towards sustainable, profitable models. WiBLE is not just a mobility service; it’s a forward-thinking solution that continues to redefine urban transportation.
WiBLE has achieved EBITDA profitability by leveraging Vulog's AI-powered Shared Mobility Platform and implementing diversified services to maximize fleet utilization. Profitability in the shared mobility sector is uncommon, making WiBLE's accomplishments particularly noteworthy. In 2023, the company reported a 12% revenue growth and a 17% increase in trips, highlighting its continued success.
The AiMA platform enables any company to launch and scale their electric or hybrid carsharing, scooter-sharing or moped-sharing service within 3 months. Doing so helps reduce the number of cars in the cities which has a direct impact on the well-being of cities and their residents: it alleviates traffic congestion, reduces CO2 emissions, and promotes the growth of urban green spaces while helping people save money (given the fact that the fees involved with using shared vehicle represent 25% of the annual cost of an owned car).
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