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

Mar 15, 2022

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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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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China Trade and Investment Geopolitics Electricity Technological Transformation

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