Sidecar Closes Down for Good



Sidecar closed down last year.

However, this is not too surprising with the intense competition in the ridesharing industry.

There is no breathing room in this industry that has been nominated by giants like Lyft and Uber.

Smaller car hauling companies such as Sidecar are normally left climbing uphill.

Sidecar has tried to compete with Lyft and Uber with its business delivery service.

It appears those efforts were not enough.

Side-Car-App

Sidecar co-founders, Jahan Khanna and Sunil Paul, announced last year that the service would officially shut down on December 31, 2015.

The co-founders noted they have a major capital disadvantage, but they still managed to be an innovation leader in rideshare industry, constantly rolling out fresh products that set the trend for others to follow.

Uber and Lyft have a great capital advantage.

Sidecar was set apart by driver choice.

Drivers and passengers had more control of the cost of every ride depending on the type of vehicle, distance and duration of the ride.

We’ll miss the convenience.

Once you had entered your pickup address as well as your destination, a list of every available driver would show and you could select your preference.

You could choose a ride in a 2008 Camry for 10 dollars or a 2014 Lexus for 20 dollars, for example.

There was no algorithm-based surge pricing.

A driver could charge more during rush hour if they wished to, but others could lower their costs to attract riders.

The destination feature gave drivers the option to deny your ride.

It also made for happier drivers who were willing to give you an affordable, safe ride no matter where you are going.

Sidecar’s set pricing before the ride starts, shared/pooled options, back to back rides, and accurate ETA in its application early on set this small ridesharing company apart from Lyft and Uber.



Even though Sidecar had apparent app advantages, it has not been a competitor of Lyft and Uber for some time.

Sidecar was an amazing service early on.

As time passed by, Lyft and Uber caught up with Sidecar and prices gradually got higher and higher.

This made people start moving to either of the other ridesharing companies.

sidecar-closed

However…

Sidecar’s founders promised the fans that ending their ride and delivery service in December 2015 is by no means the ending of the journey for the company.

This is yet to be seen, though.

The rideshare industry is quite competitive, especially with the big companies providing attractive packages for both drivers and passengers.

Lyft and Uber are introducing new services daily making the industry even more interesting and competitive.