Thursday, July 4, 2024 The global electric car rental market is projected to grow by USD 18 billion from 2024 to 2028, with a CAGR of 16.68%, according to Technavio. The rising demand for rental cars driven by increased international tourism and advancements in battery technology are key growth drivers.
However, the global power crisis poses a challenge to this growth. Major market players include Avis Budget Group Inc., Blu Smart Mobility Pvt.
Ltd., Blue Cars Ltd., Current Vehicles Ltd.
, DriveElectric, Enterprise Holdings Inc., Envoy Technologies Inc., ETO Motors Pvt.
Ltd., Evoke Pty Ltd., Green Motion International, Hertz Global Holdings Inc.
, Plug N Drive, SIXT SE, Stellantis NV, UFODrive SA, Volkswagen AG, Volt Age Hire, Wattacars, ZERO Carbon Technologies Inc., and Zoomcar India Pvt. Ltd.
Technavio has released a new market research report titled “Global Electric Car Rental Market 2024-2028,” offering detailed insights into regions, market segments, customer landscape, and key companies. Market Scope Key Market Players : Avis Budget Group Inc., Blu Smart Mobility Pvt.
Ltd., Blue Cars Ltd., Current Vehicles Ltd.
, DriveElectric, Enterprise Holdings Inc., Envoy Technologies Inc., ETO Motors Pvt.
Ltd., Evoke Pty Ltd., Green Motion International, Hertz Global Holdings Inc.
, Plug N Drive, SIXT SE, Stellantis NV, UFODrive SA, Volkswagen AG, Volt Age Hire, Wattacars, ZERO Carbon Technologies Inc., and Zoomcar India Pvt. Ltd.
Market Drivers : The market is growing significant.
