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HyreCar Launches HyreForGood, Providing Vehicles to Gig Workers in Need

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HyreCar Inc. (NASDAQ: HYRE) has launched a new initiative called HyreForGood, aimed at supporting gig workers by providing free vehicle rentals for 30 days. This initiative follows a UCLA study showing that over half of gig workers had to halt work due to the pandemic. Initially available in Los Angeles, the program will select two drivers each month to use HyreCar vehicles for rideshare or delivery services. Additionally, participants can receive rebates on future rentals to ease costs as they return to work.

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  • Launch of HyreForGood initiative to support gig workers.
  • Free 30-day vehicle rentals provided to selected drivers.
  • Potential for future rebates on rentals post-program.
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New initiative aims to empower gig workers to get back on the road by providing vehicles free of charge for a 30-day rental period

LOS ANGELES--(BUSINESS WIRE)-- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today announced the launch of HyreForGood, a new initiative to empower gig workers to get back on the road and back to work.

According to a November 2020 study of gig workers at companies like Uber and Instacart conducted by UCLA, more than half of the 302 respondents stated they had to stop working because of the COVID-19 pandemic and 70% stated the pandemic led to reduced hours.

Initially launching in Los Angeles, aspiring drivers can sign up to drive a HyreCar-provided vehicle for rideshare, food, or grocery delivery for one month, with two lucky recipients selected to use the vehicles for work each month. HyreCar will look to expand the program beyond the initial test city in the coming months.

Interested parties can apply by filling out the form on HyreCar’s website. Selected participants will receive an all-expense-paid rental for up to 30 days including the rental amount, insurance fees, and transaction fees.

“The pandemic was a challenging time for everyone, especially gig workers who found themselves struggling to keep up with changing times. The team at HyreCar believes that access to a vehicle should never make or break a person’s livelihood and we’re looking to bridge that gap in any way we can,” said Joe Furnari, CEO of HyreCar. “HyreCar wants to help drivers get back on the road and back to work, which is why we are giving gig workers a unique chance to drive a vehicle at no cost for 30 days.”

Following the one-month, no-cost rental, drivers participating in HyreForGood will be eligible to receive rebates on future HyreCar rentals to help keep costs low for drivers getting back on their feet.

For more information on how to sign up, please visit HyreCar’s website at https://www.hyrecar.com/good.

About HyreCar

HyreCar Inc. (NASDAQ: HYRE) is a national carsharing marketplace for ridesharing, food, and package delivery via its proprietary technology platform. The Company has established a leading presence in Mobility as a Service (MaaS) through individual vehicle owners, dealers, rental agencies, and OEM’s that wish to participate in new mobility trends. By providing a unique opportunity through our safe, secure, and reliable marketplace, HyreCar is transforming the industry by empowering all to profit from Mobility as a Service. For more information, please visit hyrecar.com.

Scott Arnold

Investor Relations

ir@hyrecar.com

Allie Potter

Skyya PR for HyreCar

press@hyrecar.com

Source: HyreCar Inc.

FAQ

What is the <b>HyreForGood</b> initiative by HyreCar?

The HyreForGood initiative provides free 30-day vehicle rentals to gig workers to help them return to work.

Where is the <b>HyreForGood</b> program initially launched?

The HyreForGood program is initially launched in Los Angeles.

How can gig workers apply for the <b>HyreForGood</b> program?

Gig workers can apply by filling out a form on HyreCar's website.

How many drivers will be selected for the <b>HyreForGood</b> program each month?

Two drivers will be selected each month for the HyreForGood program.

What are the benefits of participating in the <b>HyreForGood</b> initiative?

Participants receive a free vehicle rental for 30 days and may qualify for future rental rebates.

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