#Japan #Wakayama #Glafit #Fuyo Auto Lease #Sharp Finance

Collaboration to Accelerate Electric Microsharing Services

In an exciting development for the electric mobility sector, Glafit Co., Ltd., Fuyo Auto Lease Co., Ltd., and Sharp Finance Co., Ltd. have formalized a partnership to promote the widespread adoption of electric microsharing services. This agreement aims to merge Glafit's microsharing service, "WANDERIDE," with Fuyo Auto Lease's and Sharp Finance's leasing and financial services, thereby improving accessibility and user experience.

Overview of the Partnership

This collaboration is designed to leverage the expertise, insights, and knowledge of each company. With the goals of enhancing marketing efforts and increasing market adoption, the three companies intend to make electric microsharing more approachable to both existing and potential customers. By expanding their service offerings, they aim to contribute significantly to business growth and the realization of a sustainable mobility society.

Role of Each Company

Glafit will take the lead in providing the microsharing service "WANDERIDE," while Fuyo Auto Lease and Sharp Finance will utilize their specialized finance services. This innovative business model aims to remove the initial investment burden associated with purchasing electric bikes, allowing users to engage with an affordable monthly leasing cost. This approach is expected to make services more attractive to businesses, municipalities, and various facility operators.

Future Expectations

Through this partnership, the companies foresee a broader implementation of the "WANDERIDE" microsharing service, which promises enhanced convenience for users. By capitalizing on each company's strengths, they can tackle issues related to mobility while promoting flexible and sustainable transportation solutions.

About WANDERIDE

WANDERIDE, developed by Glafit, offers a unique microsharing service utilizing specified small-sized motorbikes. By integrating dedicated applications with IoT-enabled vehicles, the service aims to create new mobility experiences tailored to regional characteristics. Not only does WANDERIDE complement secondary mobility at scenic spots and local hubs, but it also transforms the act of moving into an enjoyable experience. Thus, it contributes to improved accessibility and enhancement of regional experiences.

Examples of Implementation

Recent implementations of WANDERIDE include an adventure tour at Adventure World, where riders can zip past animals on electric bikes, and a pilot program at the Kanzanji Onsen area to enrich travel experiences. Additionally, a collaboration with Shirahama Town has initiated the integration of WANDERIDE to allow tourists and locals to explore at their own pace.

For further information on WANDERIDE, visit WANDERIDE Official Site.

Company Profiles

Glafit Co., Ltd.

• - Location: 579-1 Umehara, Wakayama City, Wakayama Prefecture
• - CEO: Seizo Narumi
• - Established: September 2017
• - Website: Glafit

Fuyo Auto Lease Co., Ltd.

• - Location: 5-1-1 Kojimachi, Chiyoda-ku, Tokyo, Sumitomo Real Estate Kojimachi Garden Tower 21F
• - CEO: Keiichi Kawabata
• - Established: January 1987
• - Website: Fuyo Auto Lease

Sharp Finance Co., Ltd.

• - Location: 5-1-1 Kojimachi, Chiyoda-ku, Tokyo, Sumitomo Real Estate Kojimachi Garden Tower
• - CEO: Masakazu Takizawa
• - Established: June 1957
• - Website: Sharp Finance

Contact Information

For inquiries regarding this press release:

• - Glafit Co., Ltd., PR Contact: Ando & Fukui: [email protected]
• - Fuyo Auto Lease Co., Ltd., Mobility Solutions Department: Misawa & Kato: [email protected]
• - Sharp Finance Co., Ltd., Business Planning Department: Fujimoto & Nishimura: [email protected]