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APP-BASED on-demand executive car service Wheely is, according to its founder, planning to invest £10 million in the company to develop its London service.

Anton Chirkunov said: “Wheely is targeting the £500 million VIP-class car hire segment with our relaunched Exec (E-Class) and VIP (S-Class) services.”

Mr Chirkunov added:

We will be using the newest premium cars, 2016 or later Mercedes Benz, and working with experienced drivers who know the city and meet high standards of service and VIP-level etiquette. It puts us in a good position to win over London, the largest executive car hire market in Europe by market size.

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