Connected_MobilityConnected Mobility

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Author: Roger Lanctot
Publication Date: Oct 06 2022
Pages: 8
Report Type: Insight, Word
Connected Mobility

Hertz, HyreCar Target Ride Hailing, EVs

Report Summary:

Rising interest rates and new vehicle scarcity are likely to accelerate the shift to non-owned cars in ride hailing fleets creating new opportunities for providers of ad hoc transportation alternatives. Uber and Lyft drivers in the U.S. who are looking to operate on those platforms with borrowed vehicles will typically turn to HyreCar and Hertz.  In light of this trend, this Insight discusses HyreCar’s and Hertz’s financial results and their EV strategies.

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