Electric Car-Sharing Program to Launch in China
Upon delivery of 1,000 electric vehicles from Kandi Technologies, Chengdu Electric Vehicle Service Co. will start an electric car-sharing program in Chengdu, China, by the end of year.
The Kandi Coco electric vehicle. Photo courtesy of Wikimedia.
The Kandi Coco electric vehicle. Photo courtesy of Wikimedia.
China-based Kandi Technologies Group has announced that an electric car-sharing program with its vehicles will be available in Chengdu by the end of the year.
Kandi plans to deliver 1,000 of its electric vehicles to ZuoZhongYou (Chengdu) Electric Vehicle Service Co. (ZZY-Chengdu), which has obtained registration approval from the local state administration of industry and commerce, according to the company.
Upon completion of additional procedures, ZZY-Chengdu’s car-sharing program will be launched by the end of this year.
Purchasers of Kandi's SMA7000BEV and SMA7001BEV models are eligible to receive, on a per car basis, the national government subsidy of approximately $7,738 and the local government subsidy of $7,738 from both the Sichuan provincial government and the Chengdu municipal government, according to the company.
More Rental Operations
Global Carsharing Fleet Projected to Reach 768,000 Vehicles By 2030
A new Berg Insight forecast outlines several business models driving the projected growth in public carsharing worldwide through 2029.
Read More →
Rental Car Fleet Sales Show Mid-Year Strength
June gains ensured rental fleets closed out the first half of 2026 in positive territory.
Read More →
Surprice Mobility Opens Corporate Rental Station at Milan Malpensa Airport
The Milan opening is part of Surprice Mobility's broader strategy to expand its corporate operations while increasing the use of technology across its network.
Read More →
Brazilian Executive MBA Targets Growing Domestic Rental Car Industry
Rental car companies face a unique combination of challenges that are rarely addressed in traditional programs.
Read More →
Green Motion Expands Into Japan With Master Franchise Agreement
Japan's tourism industry, business travel market, and demand for vehicle rental services are reasons the country represents an important market for the company.
Read More →
ACRA Carrying Fuller Industry Load As AI and EVs Lurk In Future
The leading car rental professional business group details an active legislative, regulatory, and macro-trends agenda affecting car rental operators.
Read More →
World Cup Travel Data Shows Longer Car Rentals and More One-Ways
A recent analysis of FIFA bookings found varied demand patterns that influenced rental car pricing.
Read More →
A Leveling Force: AI Morphs Into A Rental Car Profit-Seeker
Revenue managers can’t match the emerging AI tools gobbling lots of data that could counter the competitive race to the rate bottom.
Read More →
Stop Losing Money On Rental Tolls
Regardless of your rental fleet size and structure, fleet managers, executives, and owners can gain valuable insights into an often-overlooked area of fleet operations.
Read More →
Rethink The Future To Avert A Race To The Bottom
Rental car operators heard a sobering industry message and a stern challenge at the close of the International Car Rental Show.
Read More →