RYD PLANS FOR FULL RE-LAUNCH IN 2022
R
yd, otherwise known as Rethink Your Drive, is Vancouver’s urban transportation service with a fleet of all electric vehicles. Founded in 2017, the company is currently in the depths of near and long-term strategic planning efforts to offer a full-service re-launch in 2022. The bulk of last year was spent optimizing Ryd’s operational structure,
efficiencies, and policies so they could get back to full operations in the next 12 months. The company was founded out of the growing need for alternative and flexible parking solutions for the downtown Vancouver area. Ryd currently has five passenger vehicles that seat up to six riders per vehicle. So far, Ryd has been funded by the revenue it generates from riders, as well as investment from
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Laura Gentry
700 WASHINGTON, SUITE 608 .. VANCOUVER, WA 98660 .. WWW.CAPACITYCOMMERCIAL.COM .. 360.946.4830 16 VANCOUVERBUSINESS MARCH 2022
