China

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

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

Tina Bellon

Journalist, Reuters

Share:

Our Impact
The Big Picture
Explore and monitor how China is affecting economies, industries and global issues
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

China

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
Discover

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

Have you read?

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:

ChinaTrade and InvestmentGeopoliticsElectricityTechnological Transformation

Share:

Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Transition finance will accelerate decarbonization in China. Here’s how

Shouqing Zhu, Yiran He and Sha Song

November 25, 2022

About Us
Events
Media
Partners & Members
Language Editions

Privacy Policy & Terms of Service

© 2022 World Economic Forum