- Carsharing is an effective way to reduce carbon emissions, as fewer cars are on the road, which has the added bonus of reducing traffic.
- Both India and China have been heavily adopting carsharing in the past 12 months.
- In India, 32% of respondents to Statista's Global Consumer Survey have used a carsharing service.
Carsharing has become increasingly popular across the world in recent years, particularly in urban areas where people can rely on efficient public transport or cycling for the majority of their daily tasks and use a car on the occasions where it is necessary, without having to invest in ownership.
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According to Statista's Global Consumer Survey, carsharing services have made inroads in both India and China. When it comes to online adults, the majority of whom predominantly live in urban areas in both nations, 32 percent of people in India said they have used a carsharing service in the last 12 months in India while 17 percent have availed of one in China.
How is the World Economic Forum helping to scale vehicle electrification?
Emissions from mobility will increase through 2050, jeopardising our chances to combat climate change. By electrifying urban fleets, we can mitigate more than 70% of mobility CO2 urban emissions, remove 50% of city air pollution, and electrify rides to everyone - making the electrification transition more effective and equitable.
Understanding that coordination is needed to create tangible progress, this February the World Economic Forum launched a collaborative umbrella network that will help sync and synergize related global initiatives: the Zero Emissions Urban Fleets (ZEUF) network.
ZEUF is a network of stakeholders for accelerating urban fleets electrification, targeting 100% by 2030. Initiated by the World Economic Forum’s Global New Mobility Coalition in partnership with Uber, T&E, EuroCities, Free Now, LeasePlan, Door2Door, Lime, Blot, Voi, AEDIVE, Polis, The Climate Group, Race to Zero, and others, ZEUF is an open network that convenes periodically to facilitate informal know-how exchange and efforts coordination.
Companies offering carsharing services are also making their presence felt in Europe with 11 percent of online respondents in both Italy and Spain saying they have booked and used such a service in the last 12 months. In the United States, that figure is nine percent.