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.

What is car sharing? And its Benefits.

Car sharing is using a car owned by another person or company in exchange for a certain some of money on the basis of time and/or distance. Carsharing is more popular because of its social, environmental, financial and commercial purposes.

Car-sharing is Cost Efficient

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

Browse detailed report - Europe Carsharing Market Analysis and Demand Forecast Report

Future of Car sharing

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.