Electric Vehicle Rental Services: A Sustainable Alternative to Traditional Car Rentals

Electric Vehicle Rental Market: The Future of Sustainable Mobility

The electric vehicle (EV) market has been growing at an unprecedented rate over the last few years, and it shows no signs of slowing down. With governments across the world announcing ambitious targets to reduce carbon emissions, the demand for EVs is expected to skyrocket in the coming years. One sector that is likely to see tremendous growth is the electric vehicle rental market. In this article, we’ll explore the electric vehicle rental market, electric car rental companies, and the percentage of rental cars that are electric.

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Electric Car Rental Companies

Several electric car rental companies have emerged over the past few years, offering customers the option to rent electric cars for short or long-term use. These companies include Avis, Enterprise, and Zipcar, to name a few. Electric car rental companies have recognized the growing demand for sustainable mobility and are investing heavily in electric vehicles to cater to this market. These companies offer a range of electric vehicles, including sedans, SUVs, and even luxury cars.

What Percentage of Rental Cars Are Electric?

While the electric vehicle rental market is growing, it still accounts for a small percentage of the overall rental car market. According to a report by J.D. Power, electric vehicles represented only 0.3% of the rental car market in 2019. However, this number is expected to increase significantly over the coming years as the demand for electric vehicles grows.

Avis Electric Vehicles

Avis is one of the largest car rental companies in the world, and they have been making significant strides in the electric vehicle market. In 2018, Avis announced a partnership with Tesla to offer Model S and Model X rentals in select locations. Avis has also been investing in other electric vehicles, including the Chevy Bolt and the Nissan Leaf.

Enterprise Electric Vehicles

Enterprise is another major car rental company that has been investing in electric vehicles. In 2018, Enterprise announced that it would be adding 50 Nissan Leafs to its rental fleet in the UK. Enterprise has also been partnering with other companies to expand its electric vehicle offerings. In 2020, Enterprise partnered with General Motors to add 3,000 electric vehicles to its fleet.

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The Future of Electric Vehicle Rental Market

The electric vehicle rental market is expected to see significant growth over the coming years. The demand for sustainable mobility is on the rise, and electric car rental companies are investing heavily in electric vehicles to cater to this market. As more people become aware of the benefits of electric vehicles, the demand for electric car rentals is likely to increase. With the emergence of new technologies such as autonomous driving, the electric vehicle rental market is poised for rapid growth in the coming years.

In conclusion, the electric vehicle rental market is a promising sector that has the potential to revolutionize the rental car industry. With companies like Avis and Enterprise investing heavily in electric vehicles, the future of sustainable mobility looks bright. As more people become aware of the benefits of electric vehicles, the demand for electric car rentals is likely to increase, driving the growth of the electric vehicle rental market.

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Laila Oliver
Author: Laila Oliver

Research Analyst

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