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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


March 2021

Expected return


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

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