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Our purpose

Before carsharing, there was Modo

In 1997, our first members set out to fill an unmet need — affordable, accessible transportation that minimizes environmental impact and changes the way people think about how they get around. And so Modo was born.

Our purpose hasn’t changed since then. We’re here to transform communities by connecting people with places in a way that is affordable, convenient, inclusive and sustainable.

A photo of a couple people wearing Modo shirts and a photo of a Modo vehicle.

Why Modo exists

While time and technology change the transportation industry, we stay focused on getting more cars off the road, changing how people look at car ownership, and having a positive impact on the world we live in.

When you join Modo you still own a car — in fact, you own a whole fleet of them. You just share them with other members. So you get all the benefits of collective car ownership while freeing yourself from private ownership, which is expensive and inefficient.

A photo of a Modo car with the door open and members
A photo of Modo fleet team

Better together

Because Modo is a co-op, our collective power can accomplish so much more. Unlike other carsharing platforms, Modo exists to make a difference in the lives of our members — always putting people before profit. We reinvest our earnings in fleet upgrades, new technologies, and innovations in our service model.

In other words, we make just enough to cover our costs. Any profit goes back into making our service even better for our members. Modo member-owners always get the best value possible for their transportation needs — and a say in how the business operates. 

meet our people
A photo of a Modo members going for a hike with the doors open

Why Modo exists

While time and technology change the transportation industry, we stay focused on getting more cars off the road, changing how people look at car ownership, and having a positive impact on the world we live in.

When you join Modo you still own a car — in fact, you own a whole fleet of them. You just share them with other members. So you get all the benefits of collective car ownership while freeing yourself from private ownership, which is expensive and inefficient.

A photo of Modo fleet team

Better together

Because Modo is a co-op, our collective power can accomplish so much more. Unlike other carsharing platforms, Modo exists to make a difference in the lives of our members — always putting people before profit. We reinvest our earnings in fleet upgrades, new technologies, and innovations in our service model.

In other words, we make just enough to cover our costs. Any profit goes back into making our service even better for our members. Modo member-owners always get the best value possible for their transportation needs — and a say in how the business operates.

Our impact

Social purpose has been part of our culture from our very first day. We reaffirm that focus with all our actions as a co-op – from community initiatives and partner sponsorships, to the ways we grow our fleet, and where we place future vehicles.
Illustration of a Modo hangtag

Affordability

We measure affordability by comparing the cost to own a car with the cost to use a Modo. While the cost of privately owned vehicles keeps rising, Modo has held prices unchanged, making sharing a more affordable option for many.

Illustration of a map

Convenience

The proximity of shared vehicles to where you live and/or work is our main measure of convenience. Modo works to increase the number of members living within walking distance of at least three Modo cars.

Illustration of two hearts

Inclusivity

Modo aims to be inclusive for members and employees alike. We strive to be as diverse as the communities we serve, measured in relation to the general population with focus on gender and race. We also insist on pay equity across our workforce.

Sustainability

We aim to create healthier and more sustainable communities. Modo measures overall emissions of our fleet, striving to reduce the number year over year. To ensure a steady decline, we are working to add more electric and hybrid vehicles as we grow our shared fleet and work towards our goal of a zero emissions fleet by 2030.

Modo by the numbers

Don’t use it? Lose it
Most personal vehicles sit idle 95% of the time.
Free your bank account
Owning personal vehicles can cost roughly $10,000 per year.
1 > 13
For every Modo in use, 9-13 private cars are removed from our streets.
Breathe easier
Carsharing is shown to reduce greenhouse gas emissions by 30 to 50%
What else could you do with that garage?
Roughly a third of members have gotten rid of a car (or two) since joining Modo.
Say bye to the buy
Nearly a quarter of members would have purchased or leased a car if it weren’t for Modo.
Less is more
The average rate of car ownership in Vancouver is 1.6 cars per household, compared to Modo members at 0.36.
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