The global Small Electric Vehicle Rental market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Small Electric Vehicle (EV) rental refers to the service of renting electric vehicles that are compact in size for short-term use. These small electric vehicles are typically designed for urban mobility and are well-suited for short trips, city commuting, and environmentally-friendly transportation options. Small EV rental services have gained popularity as a sustainable and convenient mode of transportation in urban areas.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.
LPI (LP Information)' newest research report, the “Small Electric Vehicle Rental Industry Forecast” looks at past sales and reviews total world Small Electric Vehicle Rental sales in 2024, providing a comprehensive analysis by region and market sector of projected Small Electric Vehicle Rental sales for 2025 through 2031. With Small Electric Vehicle Rental sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Small Electric Vehicle Rental industry.
This Insight Report provides a comprehensive analysis of the global Small Electric Vehicle Rental landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Small Electric Vehicle Rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Small Electric Vehicle Rental market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Small Electric Vehicle Rental and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Small Electric Vehicle Rental.
This report presents a comprehensive overview, market shares, and growth opportunities of Small Electric Vehicle Rental market by product type, application, key players and key regions and countries.
Segmentation by Type:
Electric Bicycle
Electrical Motorbike
Others
Segmentation by Application:
Students
Staff Member
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Motocruizer Technologies India Pvt.Ltd.
emmy sharing
Coup Mobility
Yulu Bikes Pvt Ltd
VOI Technology AB
Cityscoot
Vogo Rentals
Bolt Bikes
Mobike
Spinlister
Mobycy
LIME
eCooltra
Ofo Inc.
Spin - Electric Scooter Sharing
Uber
YUGO Urban Mobility SL
nextbike GmbH
Bird Rides Inc.
Lyft Inc.
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Please note: The report will take approximately 2 business days to prepare and deliver.
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