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Subscription EV Market Share

  • Report ID: GMI10617
  • Published Date: Aug 2024
  • Report Format: PDF

Subscription EV Market Share

Porsche Drive, Hertz My Car, and Sixt+ hold a significant market share of 73% in the subscription EVs industry in 2023. Porsche Drive benefits from the prestige of the Porsche brand, attracting high-end consumers seeking luxury electric vehicles with flexible subscription terms. Hertz My Car leverages its established reputation in the car rental industry, offering a wide range of EV options and a robust infrastructure for maintenance and support.
 

Sixt+ combines its global presence and innovative subscription models to appeal to both individual and corporate customers, providing a seamless and customizable experience. These companies' ability to deliver quality vehicles, reliable services, and convenient subscription processes solidifies their dominant position in the market.
 

Subscription EV Market Companies

The major players operating in the subscription EVs industry are:

  • Carbar
  • Cluno
  • Drover
  • Hertz My Car
  • Porsche Drive
  • Sixt+
  • Zoom EV   
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of subscription EV reached USD 3.6 billion in 2023 and is set to register over 30% CAGR between 2024 and 2032, owing to the ability to access latest automotive technologies.

The third-party providers segment in subscription EV industry accounted for 77% share in 2023, due to their ability to offer highly flexible and convenient solutions.

North America market generated over 37% share in 2023, attributed to the well-established infrastructure for electric vehicles.

Carbar, Cluno, Drover, Hertz My Car, Porsche Drive, Sixt+, and Zoom EV among others.

Subscription EV Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 404
  • Countries covered: 21
  • Pages: 300
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