Europe Carsharing Market Growth, Demand & Opportunities.

In Europe, car is the most common mode of commutation. But, if we talk about the occupancy rate, it is only 1.7 persons/car. But the great news is that growing number of people in EU are bettering the environment by accepting carsharing schemes to reduce the usage of cars, parking spaces,

In Europe, car is the most common mode of commutation. But, if we talk about the occupancy rate, it is only 1.7 persons/car. But the great news is that growing number of people in EU are bettering the environment by accepting carsharing schemes to reduce the usage of cars, parking spaces, vehicle emissions, road safety, improved air quality, and also to encourage greener transportation methods.


The facility provided by free-floating car-sharing is very much reasonable. Daily, hourly, and minute charges for car-sharing are quite cheap when compared to the charges of conventional car rental methods. You need to pay only for the duration taken for reaching your destination, and not the rent for whole day, as is the case with conventional car rental
Car-sharing has a lot to do with reducing air pollution, congestion and lack of parking spaces. Every person driving on the roads of the cities and towns is well aware of the pain.


Every car-sharing vehicle substitutes around ten to twelve private cars in the mega cities, which gives more space for living. If we talk about Berlin, over 11,000 sqm of parking area is freed up, in Munich, it is above 5,700 square metres.

 

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The future of car sharing is very bright as, this concept will lower the requirement the need for keeping a car in cities and towns. In the years to come, with the help of AI, shared cars can become driverless. After the end of the trip, the car can come back or can go to the next customer who has booked for a carsharing through an application or some other means.


The presence of helpful government policies is the main reason for the acceptance of carsharing facilities in the region, which is powering the growth of the carsharing services in Europe.


It is because of the increasing concerns and awareness about environment, carsharing services will increase like anything in whole of Europe.


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