Electric Car Rental Market Share

Market Share of Electric Car Rental Industry

Collaborations, acquisitions, and partnerships are taking place in the automobile industry all over the world. To meet rising consumer demand for electric car rental services, such as geographical expansion, a few OEMs are establishing strategic alliances with car rental firms, and car rental companies are also purchasing electric cars in order to shift away from internal combustion engines. For instance,

• January 2024: Sixt announced its plans to add up to 250,000 vehicles from the Stellantis Group over the next three years to its fleet across Europe and North America, with an undisclosed number featuring electric drive technology.
• June 2023: Eni Sustainable Mobility expanded its car-sharing service with 100 new zero-emission city cars, contributing to the company's fleet available in Rome. The expansion aims to address the growing demand for sustainable transportation solutions in the Italian capital.

Electric Car Rental Market Leaders

1. The Hertz Corporation

2. Avis Rent a Car Ltd

3. Enterprise Holdings, Inc.

4. Zoomcar India Private Ltd.

5. Zipcar, Inc.

*Disclaimer: Major Players sorted in no particular order