This website uses cookies

We use cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, and assist with our promotional and marketing efforts. View our Privacy Policy

Co Cars - OFFER CLOSED

Co Cars' mission is to provide low carbon, on demand, affordable shared mobility for all with a vision to create greener, calmer more connected places where people thrive.

Co Cars - What They Do

What they do

Co Cars started in 2005 with a Big Lottery grant and a single car. Since then, it has grown to a fleet of around 40 cars and, in Exeter, a network of 95 shared electric bikes. The Society is proud to be a not-for-profit, cooperative social enterprise. Read more

Financial performance

Co Cars is offering up to 600,000 Community Shares in the Society, with a nominal value of £1. These shares will have a target interest rate of 5% p/a, interest will accrue from 01/08/2020 for any investment made on or before 31/07/2020 and then accrues from 30/11/2020 for any investment made from 01/08/2020 to 31/08/2020. There is a non withdrawal period of 18 months.


First interest payment

expected

March 2021

Expected return

5%

Social performance

Co Cars - Social Performance

Through providing shared mobility, Co Cars will tackle congestion and pollution in a rapidly growing city whilst giving everyone affordable access to the latest zero carbon transport.


  • Key social performance indicator

    230 tonnes of CO2

    potentially removed from Exeter's atmosphere each year.

Governance and people

Who benefits

Co Cars - Who Benefits

Co Cars don’t just want to sell a mode of transport. They want to create greener, calmer more connected spaces where people can live and thrive. Their primary focus is to develop an exemplar city-wide shared mobility network.


  • The future of travel is electric, shared and zero carbon

Need help?

The Ethex team are here to help from 9am to 5pm

https://www.ethex.org.uk/savings--investments_16.html

Invest and save with Ethex to

make money do good

You can browse, compare and invest in a range of products on Ethex platform from bank accounts and ISAs to equity investments and charity bonds that offer a social/environmental as well as a financial return. All you need to do is get started...