AP NEWS

China Car Timeshare Rental and Autonomous Driving Report 2018 - ResearchAndMarkets.com

December 14, 2018

DUBLIN--(BUSINESS WIRE)--Dec 14, 2018--The “China Car Timeshare Rental and Autonomous Driving Report, 2018” report has been added to ResearchAndMarkets.com’s offering.

Car sharing exists in three forms: timeshare rental, ride-hailing, and P2P (peer-to-peer) car rental. In China, ride-hailing now prevails; P2P car rental firms almost have gone out of business; only timeshare rental gathers pace. China is expected to see its timeshare rental fleets have 200,000-250,000 cars by the end of 2018.

It is predicted that China’s timeshare rental fleet size will outnumber 900,000 units by 2020 before hitting more than 2.8 million units in 2022.

Timeshare rental boom in 2018 is largely credited to the following:

Electric vehicles can travel a far longer distance, allowing customers to use more often; The use of more customized car models for timeshare rental enables lower car cost; The influx of funds helps to increase fleets and scale effect plays a part; The improving scheduling strategy and algorithms lower operating cost; Delivering cars to users’ door and allowing them to rent and return at any time among other services make it more convenient to use cars; Automakers put more resources into timeshare rental as their car sales drop

Key Topics Covered:

1. Overview of Timeshare Rental

2. Status Quo of Timeshare Rental Market

3. Analysis of Timeshare Rental Users’ Behaviors

4. Timeshare Rental Operators

5 Timeshare Rental Technology Providers

Companies Mentioned

Bage Share Baidu AVP Bestmile CAR Inc. Changan Travel Dadao Eakay Fleetonomy FutureMove Automotive Global Car Sharing GoFun LIKE Morefun Pand Auto Ponycar RideCell SKunchen Technology TOGO Thread UISEE Whale Mobility Xiaoer Chuxing Yidu Yongche Yiweixing (Beijing) Technology ZongMu Technology

For more information about this report visit https://www.researchandmarkets.com/research/48sjbt/china_car?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181214005494/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Automotive,Automotive Leasing and Rental

KEYWORD: ASIA PACIFIC CHINA

INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/14/2018 02:33 PM/DISC: 12/14/2018 02:33 PM

http://www.businesswire.com/news/home/20181214005494/en

AP RADIO
Update hourly