GM Adds 100 Electric Bolt Vehicles To Maven Car-Sharing In LA

100 fully electric Chevy Bolt vehicles have joined GM's Maven car-sharing service in Los Angeles. The expansion of Maven's fleet in the region follows impressive growth. Since its LA launch in October 2016, there's been a 56% average month-over-month increase in members.

Maven lets people rent out cars at an hourly rate. GM partnered with Lyft to let drivers for the service use vehicles as part of Maven.

The car-sharing service is now considered of "tremendous value to [GM's] core business," said Julia Steyn, CEO of Maven, last month.

Maven is among a range of ventures intended to alter the future of transportation that GM has revealed. It is also working on autonomous vehicles and it invested $500 million in Lyft, Uber's top competitor in the US.