The vast majority of U.S. households own at least one car. Those same vehicles, however, are only used on average for just over an hour a day—meaning that, for 95 percent of the time, they simply remain parked. For Scott MacWilliam, the founder of a Canadian startup focused on sustainable transportation, this business proposition just “doesn’t make sense.” MacWilliam heads Kite Mobility, a Toronto-based initiative looking to alter the public perception of personal vehicles as a “security blanket.”

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Kite’s mission centers around establishing electric vehicle (EV) access across residential buildings in major cities. Through the creation of EV hubs containing bikes, scooters and electric cars from Tesla (TSLA), BMW (BMWYY) and Volvo that can be rented through Kite’s mobile app, MacWilliam is hoping to enhance........

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