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Here is the future of car sharing, and carmakers have a lot to worry about

Moscow's sharing boom shows how quickly consumers can abandon the traditional car

Car, vehicles, automobiles, traffic jam
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Ilya Khrennikov I Bloomberg
When Evgeny Barkov owned a car, the 31-year-old software salesman would often look out of his Moscow window at it with disgust. His possession sat unused more than 90 per cent of time, while sucking up money and causing him anxiety that it might break down.

He finally took out a calculator, added up all the costs and determined he was better off selling his grey Peugeot and switching completely to car-sharing services such as Yandex.Drive, which offers cars ranging from basic Kia models to flashy Porsches.

“That investment brought me nothing but trouble,” said Barkov as he wound through Moscow’s snowy