2 million in 2021, up 1. Electric vehicles will grow from 0. 5. 32 EST. Hence, the high costs of vehicles and high maintenance costs of vehicles lead to the car rental market growth in Europe. According to Precedence Research, the car rental market size is expected to hit around US$ 186. For instance, the increase in the adoption of electric ride share services is likely to decrease the number of passenger vehicles on American roads $247 million to $44 million in 2030. 7% of the global light-duty vehicle (LDV) fleet in 2020 to 31% in 2050, reaching 672 million EVs, predicts the US Energy Information Administration ( EIA ). 21 billion, at CAGR of 6. The global car rental market was worth around USD 87. 11, 2023 /PRNewswire/ -- According to Technavio, the global electric car rental market size is estimated to grow by USD 11,246. The Car Rental market was estimated to be worth. Forecast Year Market Size (2033) ~ USD 250 Billion. Rent an electric car online with Hertz and enjoy a greener way to drive, with our most expansive electric car rental fleet ever. The market is. NEW YORK, June 22, 2021 /PRNewswire/ --. 64% between 2022 and 2027. Based on our analysis, Indian electric vehicle industry exhibited a rise of 11. NEW YORK, Jan. In. The global electric car rental market is set for an electrifying surge, projecting growth from $8. The. The Europe car rental market is projected to exhibit a growth rate (CAGR) of 12. The global car rental market is estimated to garner a revenue of USD 250 billion by the end of 2033 by growing at a CAGR of ~10% over the forecast period, i. That is just 5% of total car sales, but it shows we're already entering the steep part of the S. Out of this, e-hailing accounted for the largest share, $120 billion to $130 billion, which is more than 90 percent of the total market. Various factors, including the diversification of services, increasing urbanization, rising disposable income, ascending preference for on-demand transportation, and growth of tourism, have played a major role in the market growth. 03 billion in 2020. 36 billion in 2021 and is forecast to register a CAGR of 7. A significant rise in the number of people taking business and leisure trips across the globe is driving the demand for car rental services, thereby propelling the industry’s. 2% from 2021 to 2030. Due to the rising focus to decrease the emission of harmful. The primary market drivers that favorably impact the market include the growth of the travel and tourism sector and increased cognizance of electric mobility services. As per the reports, the car rental market was worth nearly USD 7,920 million in the. The market is projected to grow from USD 43. The Automotive Rental and Leasing Market is made up of organizations, sole traders, and partnerships that rent or lease cars, trucks, vans, utility trailers, and recreational. A detailed study accumulated to offer Latest insights about acute features of the Electric Car Rental market. Accelerate at a CAGR of 11. Global Electric Car Rental Market 2020-2024 The analyst has been monitoring the global electric car rental market and it is poised to grow by USD 7. 36% of the worldwide market. NEW YORK, June 22, 2021 /PRNewswire/ — The global electric car rental market is poised to grow by USD 7. Emerge as Key. S. The report also provides and outlook on key market trends and leading players. , 2023 – 2033. 18 trillion during 2021-2025, progressing at a CAGR of. 40% over the forecast period, According to Intelligence Market Report. The global electric vehicle (EV) charging infrastructure market size was valued at USD 19. Growth in the electric-vehicle market has slowed. The global commercial vehicle rental and leasing market size was valued at USD 77. 9%. 70% during the forecast period from 2023 to 2032. Autonom Service, a car rental company, invested Euro 15 million (USD 16. Page number. 14 bn during 2020-2024, progressing at a CAGR of 11% during the forecast period. 64% between. Accelerate at a CAGR of 11. . “EV growth is here to stay, so we will see more EVs in all parts of our automotive. Electric Car Rental Market Services and Solutions Top Companies, Revenue, Trends and AdvancementsNew York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market. New York, June 21, 2021 (GLOBE NEWSWIRE) -- Electric Car Rental Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Car Rental Market Research Report, Vehicle Type, Application, Service and Region - Forecast till 2027” the global market size is projected to reach around USD 19. 67 billion in 2020, growing at a CAGR of 6. 8% by registering a revenue of $30,529. The growth of the market can primarily. Introduction 5. Global Electric Car Industry. 01 million by the end of 2030. Diesel cars accounted for more than 50% of EU auto sales in 2015, but in October 2023, that percentage had dropped to only 12%. 5 million, throughout the analysis period. The market is projected to grow from USD 728. 43 billion in 2028 at a CAGR of 25. Electric Car Rental Market is Expected to Reach the Value of USD 28903. 21 billion by 2030, exhibiting a CAGR of 7. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 1. The Global Electric Car Rental Market is expected to grow at a CAGR of 9. 45 billion in 2021 and is projected to grow from USD 3. New York, June 21, 2021 (GLOBE NEWSWIRE) -- Electric Car Rental Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Car Rental Market. MRFR also estimates that. Reserve today. The global recreational vehicle market size was valued at USD 47. In 2023, it is anticipated that the worldwide car rental market will amount to USD 104. The UAE electric vehicle market would register growth during the forecast period. , Sixt Rent A Car, LLC, Europcar. Wilmington, Delaware, Sept. 3 million, from 2. The size of the worldwide electric car rental market was USD 867. 1. Advance Market Analytics published a new research publication on “Electric Car Rental Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in a. 8 billion in 2021 and is expected to reach USD 185. That will be up from 7. 1 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 94. Growth momentum & CAGR. The increase in technological advancements is driving the growth of car. Saudi Arabia car rental & leasing market has witnessed sound growth at a CAGR of around 12. The electric-vehicle land grab is reshaping economies and challenging political allegiances. Dublin, Nov. 1 billion by 2030, with a CAGR of 6. The market is. Moreover, the growth momentum will progress. China was the frontrunner once again, accounting for around 60% of global electric car. 9, 2021 /PRNewswire/ -- The electric car rental market is set to grow by USD 8. Consumer Interests for On Demand Transportation: Commuters are increasingly demanding familiar, reliable, and high. 50 billion in 2022 to $9. The research estimates global Electric Car Rental market revenues in 2021, considering the Electric Car Rental market prices, supply, demand, and trade analysis across regions. NEW YORK, March 9, 2022 /PRNewswire/ -- As per Zion Market Research study, The global car rental market was worth about USD 87. Hence, the high costs of vehicles and high maintenance costs of vehicles lead to the car rental market growth in Europe. On the one hand, some automotive OEMs develop car-sharing services in-house and leverage the opportunity to bring their own vehicles into the fleet at lower price points, which gives advantages in operating costs to. 2021-2025. 7% from 2021 to 2028. The growth of the market depends on several factors, including increasing demand for rental cars due to the rise in international tourism, the need for optimum performance. 54 billion in 2022. 6 billion. 25. The global car rental & leasing market size was valued at USD 641. C. The COVID-19 pandemic has had an adverse effect on the overall automotive industry and thereby electric vehicle industry as well. The Global Car Rental Market size is expected to be worth around USD 275 Billion by 2032, From USD 121. 91 billion in 2023 at a compound annual. Chapter 3: Electric Car Rental Market Historical (2023-2030) and Forecast (2023-2030) Volume and revenue analysis of Electric Car Rental Market in North America, Europe, Asia-Pacific, Latin. The Australian car rental market had total revenues of $584. 1 billion in 2022, and is projected to reach $2. 69 billion in 2022 to USD 131. According to the research report, “Indonesia Car Rental Market Outlook to 2021 – Rising Tourism and Growing Middle-Class Population to Foster Future Growth” expresses that the market is driven by the increasing number of foreign travellers daily. The global Car Rental Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2019 to 2026. New York, US, April 25, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “ Electric Car Rental Market. 99%, resulting in a projected market volume of. Follow. Company. 2 days ago · OBR analysis suggests higher energy prices and interest rates could reduce proportion of new cars sold that are electric from 67% to 38% Gwyn Topham and Jillian. 34% in 2020 as compared to 2019. Electric Car Rental Market Trends, Growth Opportunities, and Forecast Scenarios to 2028 Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the. 39%, resulting in a projected market volume of US$103. Apr 19, 2023 (The Expresswire) -- "Electric Car Rental Market" 2023-2030 | [120] | Delivers a In-depth analysis of industry Demand with analysis of leading. Base year. 7%. 80% during 2023-2028 . +1 217 636 3356 +44 20 3289 9440 [email protected] Menu. Vehicle rental in Europe is the practice of renting or leasing a passenger car or commercial vehicle for the short term. Global Electric Car Rental Market 2021-2025 The analyst has been monitoring the electric car rental market and it is poised to grow by $ 8. In addition to this, the market generated. 1% during 2023-2028. In January 2022, In the United Kingdom, the London Electric Vehicle Company (LEVC). Market consumption volumes declined with a CARC of . Report Coverage. . Electric Car Rental Market Report 2022 focuses on company overview with market characteristics, geographical representation of industry size, share and growth analysis with revenue details and. 65 million from 2022 to 2027. By 2025 electric vehicles (EVs) will reach 10% of global passenger vehicle sales, growing to 28% in 2030 and 58% by 2040. The global car rental market size reached US$ 79. Top players are Europcar, The Hertz Corporation, Enterprise Rent-A-Car, Sixt SE. 55 billion in 2028 at a CAGR of 6. 2% in terms of revenues during 2022-2028. 6%. 14 bn during 2020-2024, progressing at a CAGR. In Q2 2022, EV sales accounted for 5. Global Electric Car Rental Market Growth (Status And Outlook) 2023-2029. 18 trillion between 2020 and 2025, accelerating at a CAGR of almost 12%, according to Technavio's. The Electric Car Rental covers vital information on applications, categorization, predicted growth patterns, supply chain, financial and economic terminology, and numerous other market aspects. 4 million in 2019 at a healthy rate of 15. New York, June 21, 2021 (GLOBE NEWSWIRE) -- Electric Car Rental Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Car Rental Market. TheNEW YORK, Nov. Our latest report on the luxury-automobile market updates McKinsey’s extensive research on the sector. 84 billion in 2021. com announces the release of the report 'Global Electric Car Rental Market 2020-2024'. 7%. 6 Billion by 2028. Pune, Feb. Electric Car Rental Market Scope. EV Market 2022-2030: The global electric vehicle market was valued at $163. Pune, India, April 19, 2021 (GLOBE NEWSWIRE) -- According to the report, Car Rental Market size is projected to reach USD 144. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 65 mn during 2022-2027, accelerating at a CAGR of 12. Pune, May 20, 2021 (GLOBE NEWSWIRE) -- EV Market Analysis. Electric Car Rental Market is poised to grow at a CAGR of 14. Electric Vehicles market unit sales are expected to. China, with 4. Electric Car Rental Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030. The Global Electric Car Rental Market will grow by USD 7. The car sharing market size was worth USD 2. 1% from 2023 to 2033. 6% in terms of fleet size from rental segment during. Page number. 65 mn during 2022-2027, accelerating at a CAGR of 12. The share of electric cars in total sales has more than tripled in three years, from around 4% in 2020 to 14% in 2022. 89 billion in 2022 to USD 214. It is expected to reach USD 25,956. 23 Sep, 2021, 05:05 ET. The car rental industry in Dubai alone accounted for 23. 65 mn during 2022-2027, accelerating at a CAGR of 12. 84 billion in 2023 to USD 575. The global market size was valued USD 24. Electric Car Rental Market Trends, Growth Opportunities, and Forecast Scenarios to 2028 Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the Electric Car Rental supply chain posing challenges for manufactures in the Electric Car Rental industry. Electric Car Rental Market report from ReAnIn offers insights on Global Market Size (Historical and Forecast), Market Share, Latest Trends across Market Segments, Competitive Landscape and Market Dynamics. In Q2 2022, EV sales accounted for 5. The global carsharing market size stood at USD 6,395 million in 2022, and it is predicted to reach USD 9,957 million by 2030, advancing at a CAGR of 5. The global Electric Car Rental market focuses on encompassing major statistical evidence for the Electric Car Rental industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. The Car rental market accounted for USD 119. Basis Point Share (BPS. Market consumption volumes declined with a CARC of -6% between 2016 and 2020, to reach a total fleet size of 73,400 in 2020. 7 Billion by 2028, exhibiting a growth rate (CAGR) of 3. 771 million in 2020. [127 Pages Report] The global bike and scooter rental market is projected to grow from USD 2. The Car. Zambia is the third fastest-expanding tourism destination in the world, which contributes considerably to the country’s GDP as well as to the growth of the electric car rental market. 67 billion in 2020, growing at a CAGR of 6. The global car rental market is predicted to garner a revenue of USD 250 billion by the end of 2033 by growing at a CAGR of ~10% over the forecast period. e. Malaysia Electric Two-Wheeler Market Growth Strategy 2022 Industry Key Players, Future. Global electric car rental market - Five forces. Electric Car Rental Market Research Report Analysis By 2027 | Electric Car Rental Industry Information By Vehicle Type, Application, Service and Region - Forecast till 2027 - News and Updates info@marketresearchfuture. 54 billion in 2022. 2% from 2020 to 2025. The global car rental market had a market size of $64. 9, 2021 /PRNewswire/ -- The electric car rental market is set to grow by USD. Using public transportation can become time-consuming and unpredictable. 90 billion by 2028. 5 billion in 2019 to 10. 24 billion in 2021, and is anticipated to keep leading over the projected period. The global electric vehicle market size was valued USD 384. 64% between 2022 and 2027. 2017-2021. The global car rental & leasing market size was valued at USD 641. The global golf cart market size was USD 1. Projected public charging revenue per electric vehicle in the United Kingdom between 2016 and 2027 (in Great British Pounds) UK. Chinese Light Vehicle Leasing and Rental Market Report 2023 - EV Lineups' Competitive Intensity will Accelerate the. Chapter 1: Electric Car Rental Market Product Definition, Product Types, Volume, and Revenue Analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The Europe vehicle rental market was valued at over USD 13. In 2011, around 55,000 electric vehicles (EVs) were sold around the world. 65 mn during 2022-2027, accelerating at a CAGR of 12. 9 billion in 2022 and is estimated to showcase around 20% CAGR during 2023 to 2032, driven by the rising implementation of stringent government regulations for reducing emissions. 5% from 2023 to 2030. The. The expanding travel and tourism industry, rising trend of business and corporate travel, changing attitude toward car ownership, rapid. 65 billion in 2022 and is projected to grow from USD 500. 2022. 000 billion. L. The study report offers a comprehensive analysis of Global Electric Car Rental Market size across the globe as regional and country-level market size analysis, CAGR estimation of market growth. 2% in terms of revenues during 2022-2028. 64% during the forecast period. The increasing demand. The Future of Bike and Scooter Rental Market Economy Size Expected a Growth of $ 11,040 Million by 2028, According to Vantage Market Research (VMR) WASHINGTON, Dec. Base year. . Historic period. The average price paid for an electric vehicle in the United States was less than $51,000 in September, according to Cox Automotive. 65 mn during 2022-2027, accelerating at a CAGR of 12. 04 billion by 2027, registering a CAGR of 10. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 50 billion in 2022 to $9. The attempt to get close to various pointers of the Global Electric Car Rental Market has led. The demand for car rental services is being driven by a significant uplift in the number of people traveling for both business and pleasure all over. The Electric Car Rental market report is segmented into sub-segments for comprehension and imbued with valuation and growth patterns. 14 billion. The UAE electric vehicle market would register growth during the forecast period on account of an increase in tourist footfall in the country which is going to expand the car rental business in the emirates, coupled with domestic. Key takeaways. Click on image to enlarge:The Thailand Car Rental Market is valued at USD 811. 6% from 2021 to 2028. 6% during the forecast period. Those carshare numbers have roughly doubled in five or six years, demonstrating steady growth but not an explosion. , 2023-28. In 2011, around 55,000 electric vehicles (EVs) were sold around the world. 7% in Q2 of 2021). Electric Car Rental Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030. In 2022, the market is growing at a steady rate and with the. Base year. 48 billion in 2023 to USD 1,579. The global Car Rental Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2019 to 2026. NWTN Inc. According to a report by Allied Market Research, the global electric vehicle rental market size was valued at $15. Electric Car Rental Market Overview: The Electric Car Rental market industry is projected to. This growth is mainly due to the increasing adoption of electric bikes as a mode of transportation on a daily basis globally. 5%. Global Luxury Car Rental Market Size Worth 84. Experts say the rental car industry trend reflects America’s broader societal shift toward electric cars. 6. The cost-effective and convenient mobility service, the growing concerns over greenhouse gas emissions, and the government policies encouraging the adoption of carsharing. The market is projected to grow from USD 28. 1 Billion in 2021 and is expected to be. 3% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with commercial vehicle. The tourism sectors in cities are expanding, which is expected to have a beneficial impact on the Indonesian car rental market growth. Follow. Our report on the electric car rental market provides a holistic analysis, market size and forecast, trends, growth. Electric Car Rental Market Report The global Electric Car Rental market size is projected to reach USD 2044. Projected public charging revenue per electric vehicle in the United Kingdom between 2016 and 2027 (in Great British Pounds) UK. The report covers the present scenario and the growth prospects of. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. The Global Car Rental market is projected to grow at a CAGR of around 7% during the forecast period, i. . 2 days ago · Electric vehicle sales are expected to hit a record 9% of all passenger vehicles in the U. Top players are Europcar, The Hertz Corporation, Enterprise Rent-A-Car, Sixt SE. The global crowdfunding market is experiencing a robust surge, projected to elevate from $13. Market Trends 5. The United States vehicle rental market is majorly dominated by Avis Budget Group, Enterprise Rent-A-Car and Hertz Global Holdings Inc. Electric Car Rental Market Size, Growth Rate, And Forecast The global electric car rental market size is expected to grow from $8. The research report also covers the. 60%. 2. Demand For Rental Cars Due To Rise In International Tourism to Boost Growth | Technavio. Car rental is the service of renting automobiles for a specified period of time, either through offline or online channels. The Europe vehicle rental market size was valued at USD 11. 5% during 2022-2028. Market Research Future (MRFR) expects the global electric vehicles market to reach USD 893. Also, the advent of robotaxis coupled with the rising adoption of car rentals in electric vehicle sectors have bolstered the market growth. 1% from 2022 to 2030. The past year was a pivotal one, with many important achievements across the disruptive dimensions of mobility: autonomous driving, connectivity, electrification, and shared mobility (ACES). New York, US, May 01, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “Truck Rental Market Information by Truck Type, Lease Type, and Region. In 2022, the. Rent growth is predicted to outpace home sales price growth in 2022, and in some markets, renting may become the less-affordable option. the growth momentum will progress. The global impact of COVID-19 has been unprecedented and staggering, with golf cars witnessing a negative demand shock across all regions amid the pandemic. Ola Bikes, Uber, Rapido, and Zoomcar are some of the very successful Indian ridesharing startups. 52% during the 2022-2029 forecast period. 2021-2025. LONDON--(BUSINESS WIRE)--Technavio has been monitoring the electric car rental market and it is poised to grow by $7. 11, 2023 /PRNewswire/ -- According to Technavio, the global electric car rental market size is estimated to grow by USD 11,246. March 20, 2023 13:18 ET | Source: Vantage Market Research. Car Rental Platform Market size was valued at USD 89. 2020. Europe will account for 42% of the growth of the global market during the forecast period. 4 billion in 2021 and is estimated to grow to about USD 132. 04 billion in 2021 and expected to surpass a net valuation of USD 4. Global Electric Car Rental Market 2023-2027 - Technavio has been monitoring the electric car rental market and it is poised to grow by $11246. 99 billion in 2029, growing at a CAGR of 66. The Electric Car Rental Market is poised for significant growth as more consumers prioritize sustainability in their travel choices. The global electric car rental market is forecast to grow by. The reports further project the market to attain a valuation of around USD 10,111. 67 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 25. This report provides a detailed historical analysis of the global Electric Car Rental Market from 2017-to 2021 and provides extensive market forecasts from 2022-to 2030 by region/country and. 39 Billion in 2023 to USD 34. The Nissan LEAF is a well-equipped hatchback that comfortably seats 5. Electric Car Rental Market Statistics The global electric car rental market size is expected to grow from $8. Chapter 1: Car Rental Market Product Definition, Product Types, Volume, and Revenue Analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa from 2023. The Thailand Car Rental Market is valued at USD 811. GCC Car Rental Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)The global market for Electric Car Rental in Airport is estimated to increase from USD million in 2023 to USD million by 2029, at a CAGR during the forecast period of 2023 through 2029. 47 thousand units by 2029, exhibiting a CAGR of 20. S. Significant growth in the travel and tourism industry of the country is one of the key factors driving the growth of the market. The global electric car rental market is forecast to grow by. Against this backdrop of sluggish sales in 2019, the 2. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. The India electric vehicle market size was valued at USD 220. 64% between 2022 and 2027. Electric Car Rental Market Growth Opportunities: • Growing Penetration of Rental Services Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaA BloombergNEF study reveals that the global electric vehicle market size and adoption will grow in the long run. 65 million from 2022 to 2027. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. Key takeaways. 79 Billion in 2021 and is projected to reach USD 125. 49% between 2020-2025. In the upcoming 5 years, the market for renting and leasing cars is expected to register a CAGR of more than 9% per year. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 96 million by 2033, growing at a CAGR of 5. The growth of the electric car rental market can be attributed to the rise in demand for eco-friendly vehicles and the decrease in the cost of ownership. 10 billion by 2030, exhibiting a CAGR of 17. 6 billion. 59 billion by 2030 from valued at US$ 95. 9, 2021 -- The electric car rental market is set to grow by USD 8. The passenger vehicle (PV) segment remained dominant with 73. 92 Billion in 2022 and is expected to. In 2019, electric-vehicle (EV) sales set another sales record globally, and EVs became much more prominent in the public awareness in major. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. The electric car rental market has witnessed significant growth in recent years, driven by the rising demand for eco-friendly transportation solutions and the increasing popularity of electric vehicles (EVs) worldwide. Press release - Researchmoz - Electric Car Rental Market ? Detailed Analysis Of Current Industry Figures With Forecasts Growth By 2026 including Top Players ALD Automotive, Arval, Sixt, Europcar. 13 billion in 2023 to USD 1,139. Growth rate of total car rental market is going to increase over the period as car leasing becomes easier, and market penetration rates increase in the country. 01 billion in 2020, and is projected to reach $823. 4% during 2021-2026. The global electric car rental market size is expected to reach $17. 55 billion in 2023 to USD 19. This momentum is expected to continue, reaching $17. The market was negatively impacted by COVID-19 in the first half of 2020. 21 billion by. 25% during the forecast period. NEW YORK, June 22, 2021 /PRNewswire/ --. The ”Electric Car Rental Market” report provides a comprehensive analysis of growth opportunities in various segments and sub-segments. WASHINGTON, Oct. Sustained policy support has been one of the main reasons for strong electric car sales in many markets, with overall public spending on subsidies and. London, UK -- ( SBWIRE) -- 02/17/2023 -- Electric Car. Executive summary. Electric vehicles are gaining popularity and market share. Global Electric Car Rental Market 2023-2027 The analyst has been monitoring the electric car rental market and it is poised to grow by $11246. 23, 2021 /PRNewswire/ -- The global car rental market size is anticipated to reach USD 141. Forecast Period. 7 billion in 2021 and is projected to grow to USD 2. The Market Outlook. This paves the way for remarkable growth in the global car rental market over the forecast period. 10 Years of EV Sales by Country. Report Coverage. A comprehensive addition of several factors such as global distribution, manufacturers,. 01 million by the end of 2030. Car rental market growth accelerated by rising growth of the travel and tourism sector and increased awareness about electric mobility servicesNew York, US, April 30, 2023 (GLOBE NEWSWIRE. The COVID-19 pandemic has had an adverse effect on the overall automotive industry and thereby electric vehicle industry as well. Shift towards Electric/Hybrid. The global impact of COVID-19 has been unprecedented and staggering, with the market in the United States witnessing a negative demand. Electric car markets are seeing exponential growth as sales exceeded 10 million in 2022. 5% CAGR during the 2023 to 2029 assessment period. 4 billion in 2021 and is estimated to grow to about USD 132.