Global EV rental market expected to grow by US$7.14B during 2020-2024: report
by Cleantech Canada Staff
Optimum performance and reduction in emissions are prime reasons for global electric car rental market growth, the report finds
According to a report by industry research firm Report Linker, Global Electric Car Rental Market 2020-2024, the electric car rental market is poised to grow by US$7.14B during 2020-2024, progressing at a CAGR (compound annual growth rate) of 11% during the forecast period.
According to the report’s findings, the market is driven by increasing demand for rental cars due to a rise in international tourism. In addition, the need for optimum performance and reduction in emissions is anticipated to boost the growth of the global electric car rental market as well.
Report Linker says the report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.