Electric Car Rental Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Electric Car Rentals Market has been Segmented by Vehicle Type (Battery Electric, Hybrid Electric, and Plug-in Hybrid Electric), Body Style (Hatchback, Sedan, Sports Utility Vehicle (SUV), and Multi Utility Vehicle (MUV)), by Type (Luxury, Budget/Economy), Booking Type (Online and Offline), End-Use (Local Usage, Airport Transport, and Outstation), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The market size and forecasts for the Electric Car Rental Market are provided in terms of value (USD Billion) for all the above segments.

Electric Car Rental Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Electric Car Rental Industry Overview

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,

  • In October 2021, Carzonrent introduced Plug Transportation, an electric vehicle (EV) Mobility-as-a-Service (MaaS) platform, to provide businesses with sustainable mobility options. According to the startup, it would offer a chauffeur-driven EV fleet for various ground mobility needs such as business travel, airport taxi, SME services, limo and dedicated fleet, employee transfers, crew transfers, and government and PSU official travel.
  • In August 2021, Avis Budget Group has launched new rental websites for its Avis and Budget brands. The refreshed websites will connect prospective clients to a growing network of independently operated Avis and Budget licensees located in over 90 emerging global markets.

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.

  6. *Disclaimer: Major Players sorted in no particular order
Electric Car Rental Market Concentration