Saturday, October 28, 2023

GCC’s Shared Mobility Accelerates with 62M Global Users by 2027

Date:

Shared mobility is becoming increasingly popular in the Gulf Cooperation Council (GCC) region, with the automobile industry adapting to the sharing economy. The number of users in the car-sharing segment worldwide is expected to grow to 62.11 million by 2027, according to a report by Germany-based data-gathering platform Statista. In the GCC, companies such as Udrive and ekar have dominated the car-sharing space, providing customers with an alternative to existing rental options in cities such as Dubai, Abu Dhabi, and Riyadh. Car-sharing also helps mitigate the effects of climate change, as the transportation sector is a major source of emissions.

Latest stories