Market Overview

According to fortune business insights, the global electric car rental market size was valued at USD 8.35 billion in 2025. The market is projected to grow from USD 10.44 billion in 2026 to USD 45.79 billion by 2034, exhibiting a CAGR of 20.3% during the forecast period. Asia Pacific dominated the electric car rental market with a market share of 53.41% in 2025.

The analysis shows that top companies are expanding their EV fleets because of rising EV adoption, expanding charging networks, and stricter emissions regulations. For example, major players like Hertz and Sixt are targeting airports, corporate accounts, and ride-hailing drivers to increase utilization. This trend indicates a strong and accelerating demand for electric mobility services worldwide.

Major Players Profiled in the Market Report:

• Hertz Global Holdings, Inc. (U.S.)
• Avis Budget Group, Inc. (U.S.)
• Sixt SE (Germany)
• Europcar Mobility Group (France)
• Enterprise Holdings, Inc. (U.S.)
• Alphabet Mobility (Germany)
• LeasePlan (Netherlands)
• Arval (France)
• Uber Technologies, Inc. (U.S.)
• Lyft, Inc. (U.S.)
• Zoomcar Holdings, Inc. (U.S.)
• Turo Inc. (U.S.)
• Free2Move (Stellantis) (France)
• Kinto (Toyota Mobility Services) (Japan)
• Care by Volvo (Sweden)

Segments