How to Rent Electric Cars

The Electric Vehicle Rental & Ridesharing industry is making strides in the move toward cleaner vehicles. Uber, for example, recently announced plans to invest $800 million in the transition to EVs by 2025. Lyft also plans to start an EV rental program in San Mateo County, south of San Francisco, this fall. It plans to provide 100 EVs for its ride-sharing platform. For drivers who may be interested in renting an EV, there are several ways to make it happen.

Some Rent Electric car companies, including HyreCar, offer all types of vehicles for rent. Prices vary, but typically, EVs cost $45 a day plus insurance. Some rental companies, such as Hertz, have bought 100 Tesla Model 3s and expect to field them all in the next year. Most EVInstaFleet locations are targeted at immigrants and people of color. EVInstaFleet is a new way to access electric vehicles.

In addition to EV rental companies, there are ridesharing services that cater to drivers in the gig economy. EVmo, Inc., formerly known as YayYo, is one such company. It offers sustainable electric and hybrid vehicles to drivers in the gig economy. Additionally, it provides unique support to rideshare companies by providing rental vehicles. EVmo’s service also gives drivers a smarter way to travel, thanks to its app-based functionality.

Electric Vehicle Rental & Ridesharing – How to Rent Electric Cars

EV rental companies have launched services in several major metro cities. One service, called E-mobility Rental, partnered with Tata Motors and Orix Auto Infrastructure Services to offer the service in five major metro areas. The partnership will include electric vehicles and EV rental services. If you’re thinking about leasing an EV, consider the tax credits available for electric vehicles. The government will add those credits to the transaction price and lower monthly lease payments.

Hertz has already announced that it plans to buy 100,000 Tesla Model 3 cars to service its customers. Other rental companies have also joined in on the fun, but have not yet embraced full self-driving technology. With EVs on the rise, ride sharing startups have stepped up their game. By cutting down on their operating costs, electric vehicles reduce greenhouse gas emissions. In fifteen years, automobile sales will outpace the public transit system in developing countries.

While ride-sharing is still a relatively new concept in the U.S., it has proven to be a huge success in China, India, and South Korea. While the future of ride-hailing isn’t here yet, the car subscription model is gaining ground in both the U.S. and India. However, it is still too early to tell if ride-hailing services will be more beneficial to the environment in the future.

Uber recently launched an EV initiative in Portland, Oregon. With an eye on the future, the ride-sharing service plans to electrify 10% of its fleet by 2019.