China

The $100bn industry that's poised to take an electric leap of faith

Charging an electric vehicle.

More companies are outsourcing electric vehicles. Image: Maxim Hopman/Unsplash

Tina Bellon
Journalist, Reuters
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U.S. rental car fleet on pandemic recovery track.
U.S. rental car companies had to sell of stock during the pandemic. Image: Auto Rental News
Rental car industry revenue on recovery track.
U.S. rental car companies' revenue streams approach pre-pandemic levels Image: Auto Rental News

An electric vehicle by manufacturer Polestar is seen in front of an Enterprise Rent-A-Car location.
Electric car. Image: Enterprise Holdings/Handout via REUTERS
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How is the World Economic Forum helping to scale vehicle electrification?

U.S. rental industry vehicle purchases have plummeted.
At around 730,000, U.S. rental car industry vehicle purchases in 2021 were at decade-low. Image: Auto Rental News

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Related topics:
ChinaTrade and InvestmentGeopoliticsElectricityTechnological Transformation
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