Carguru Merging news – Riga-based Carguru has Merged with OX Drive

With the addition of over 200 new electric vehicles, including Tesla and Audi models, to its fleet, this calculated move solidifies it's position as the industry leader. The Carguru smartphone app will be the only way to purchase these cars.

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OX Drive co-founder, Egija Gailuma, says, “From the very beginning, OX Drive has championed green and sustainable solutions, setting a very ambitious goal – to change the transportation habits in Latvia with the best solutions offered by the global electric vehicle industry. Today, looking back at what has been achieved, it is safe to say that electric cars are an excellent offering in the car-sharing industry, and such a service is here to stay. We are confident that together with Carguru, we can ensure the transition to more sustainable mobility with much greater power, efficiency, and quality. I am glad that Carguru and OX Drive share the same values and that OX Drive will continue its journey with another strong partner,”.

By adding more high-end electric vehicles to its fleet, it's strategic merger with Eleving Group's OX Drive strengthens its position in the market. Carguru is able to provide its clients with access to cutting-edge technology and environmentally friendly mobility choices because to this partnership.

Since 2017, it has asserted itself as a leader in Latvia's car-sharing market. Carguru will now provide an even more environmentally friendly alternative to owning a car, catering to residents and visitors of Riga, Latvia, who are at least 21 years old and have at least two years of driving experience.

About Carguru

Carguru is a car-sharing service that provides a practical substitute for owning a vehicle. Fuel, insurance, and parking expenses are included in the price that customers pay for the period that they use the car. As part of its dedication to cutting-edge mobility solutions, the company offers full car-sharing services and now includes luxury electric vehicles.

About OX Drive

Driving a Tesla is the ultimate cool lifestyle experience, and OX Drive is a car-sharing and long-term rental service. The OX Drive app makes sustainable transportation easy and enjoyable. Regarding both B2B and private clientele.