Many major car manufacturers have launched car sharing services as the demand for such services continues to grow. Volkswagen will be throwing its hat in the ring as well with electric cars. The auto giant has confirmed that it’s going to launch a car sharing service next year called WE that’s only going to offer electric cars.

Volkswagen will first launch the WE car sharing service in Germany before it expands to major cities across North America, Europe, and Asia starting in 2020. The group has confirmed that the entire fleet of cars in WE is going to be electric.

“We are convinced that the car sharing market still has potential,” said Volkswagen’s Jürgen Stackmann, adding that this is why the company is entering the market with a “holistic single-source concept covering all mobility needs from the short journey that takes just a few minutes to the long vacation trip.”

WE will actually be more than just a car sharing service. Though the platform will focus on cars initially, it will eventually enable users to share other modes of transportation as well such as scooters.

Other car sharing services are already using VW’s electric cars in their fleet. Zipcar already has a fleet of more than 300 electric VW e-Golfs available for members in London.

Filed in Transportation. Read more about and . Source: volkswagen-media-services