27 May '16, 5pm

Navigant Maps Out How Carsharing Could Grow Six-Fold by 2024

Navigant Maps Out How Carsharing Could Grow Six-Fold by 2024

Navigant Research predicts global carsharing revenue will grow six-fold by 2024 as one-way and plug-in carsharing take off. While carsharing services have been in place over the past 15 years, a new Navigant Research report analyzes significant market innovations that will likely drive market growth. As of 2014, carshare programs had reached five continents, over 30 countries, and hundreds of cities. Carsharing is thriving as multi-modal, on-demand mobility takes off with continued growth in cities and expansion into new markets. Navigant forecasts that revenue is expected to grow from $1.1 billion in 2015 to $6.5 billion in 2024. One-way trips are helping carsharing become a viable option for more consumers, the study says. Users have access to shorter, spur-of-the-moment trips without having to return the car to its original pickup point. Reduced interest in personal veh...

Full article: http://www.hybridcars.com/navigant-maps-out-how-carsharin...

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If you’re looking for the route specific map or the City Centre bus stop map for your service, you’ll find those on the in...

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’s June “Best of the Best” issue is on newsstands now! As selected by our editors, here are the best new men’s watches in ...