Car Rental Sector Races To Transition To Electric Vehicles| MENAFN.COM

Sunday, 03 July 2022 08:40 GMT

Car Rental Sector Races To Transition To Electric Vehicles


(MENAFN- Investor Brand Network)

Although automakers and governments around the world are poised to invest billions of dollars into developing electric vehicles and the required infrastructure, the transition from internal combustion engine vehicles to zero-emission electric vehicles will take quite a while. Electric vehicles are still too expensive for the average consumer, and with the global economy declining costly EVs will be the last thing on many people's minds.

Fleets, on the other hand, are not constrained by many of the factors that prevent lone drivers from transitioning to electric vehicles in…

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