LA Starts Electric Car Sharing Program for $1.6 million Vs BlueIndy's $49 million

NBC Los Angeles reports that the state of California has awarded a $1.6 million dollar grant for Los Angeles to launch an electric car sharing program. The program will launch in some of its more diverse and low-income areas, including South LA and Koreatown. The pilot intends to add a fleet of 100 cars, with residents being able to sign up and pay a monthly membership or pay on a per-hour basis. While exact rates are still being worked out, officials are saying they hope it to be lower priced than car sharing services such as Uber and Lyft.

For reference, Los Angele's base uber fee is $0 bae, $.18 per minute, and $1 per mile. Indianapolis' Uber fares are $1.25 base, $.18 per minute, and $.95 per mile.

While the report doesn't specifically say what type of electric car infrastructure that LA already has, I'm going to guess the answer is little to none. You can see some shots of charging stations being constructed in the background if you watch the news report clip on NBC-LA's web site. All in all, this works out to about $16,000 per car.

In contrast, the electric car sharing program BlueIndy is costing nearly $50 million for 500 cars. That cost likely doesn't take into account the millions of dollars of lost revenue when Dictator Mayor Greg Ballard (R) unilaterally removes hundreds of parking spots from public use to turn them over to the exclusive use of a for-profit company. Or the massive fines ParkIndy, the private operator of our public parking meters, will levy upon the city for the permanent removal of the parking spaces. Despite the $6 million dollar in help from city taxpayers, don't expect that to make it any cheaper to rent one of these cars. A 2014 estimate puts the estimate at $15 for an hour, or membership fees at $10-15 for a week or an annual membership costing about $15 a month.

Total costs work out to about 98,000 per car.

Had enough Indy?