t Cllio, Hyundai Tucson and SEAT Ibiza. Of all vehicles sold in August, gasoline vehicles had a 23.5% market share, diesel vehicles had a 5.3% share, and other vehicles had a 71.1% share. Private car sales in August increased 16.1% to 35,578 units, business sales increased 22.0% to 24,019 units and rental car sales decreased 13.7% to 1,718 units. ANFAC explained that "The August market figures give us two important insights. On the one hand, the ...

News  Updated at: 2025/09/02

etwork across the U.S. Presto’s app allows users to locate stations, obtain real-time information on charger availability, and begin charging sessions, thus improving the vehicle charging experience. Blink will be able to utilize Presto’s relationships with various fleet market segments such as rental car, ride hailing, and delivery services, to increase the usage of its charging stations. (Blink Charging Co. press release on August 21, 2025)...

News  Updated at: 2025/08/27

CATL to establish battery swapping ecosystem for car rental industry with three companies Contemporary Amperex Technology Co., Ltd. (CATL) signed a strategic cooperation agreement with Contemporary Amperex Energy Service Technology Ltd. (CAES), CAR Inc. (CAR), and CMB Financial Leasing Co., Ltd. (CMBFL) in Ningde to introduce battery swapping operations into the car rental industry on a large scale. CAR will fully introduce CATL’s Choco-SEB (Sw...

News  Updated at: 2025/08/07

iza, Toyota Yaris Cross and Toyota Corolla. Of all vehicles sold in July, gasoline vehicles had a 28.6% market share, diesel vehicles had a 5.3% share, and other vehicles had a 66.0% share. Private car sales in July increased 23.6% to 50,696 units, business sales increased 18.1% to 37,322 units and rental car sales decreased 9.4% to 10,319 units. ANFAC explained that "July was the fifth consecutive month this year in which we saw around 100,000 d...

News  Updated at: 2025/08/04

d-2025, Toyota leads local production with 35% of all domestically built vehicles and accounts for 51% of Argentina’s automotive exports. The Yaris Cross will be included in the Toyota 10 program, offering up to 10 years or 200,000 km warranty, and will also be available through the KINTO vehicle rental platform. (Toyota Argentina on July 17, 2025)...

News  Updated at: 2025/07/19

France to renew social leasing scheme for electric cars On July 15, the Ministry of Economy, France, announced that the government has decided to renew the social leasing scheme for electric cars in 2025. The goal is to offer the rental of at least 50,000 electric cars to low-income households. Orders will open on September 30, 2025. It will have a budget of EUR 370 million.  It follows the success of the first edition of social leasing, with ne...

News  Updated at: 2025/07/17

CAR, Baidu Apollo jointly launch world’s first autonomous vehicle rental service On July 8, CAR Inc. (CAR) launched the world’s first autonomous vehicle rental service for the public with Baidu Apollo in Beijing. Based on a Baidu Apollo Level 4 autonomous driving platform, the service deeply integrates CAR’s nationwide vehicle rental network and fleet operation experience to serve as China’s first self-service autonomous vehicle rental pr...

News  Updated at: 2025/07/11

AC held a ceremony at the GAC Phatthanakan Service Center in Bangkok to deliver the first 100 AION Y Plus electric compact crossover SUVs for ride-hailing services, launching a larger project targeting 2,000 units in Thailand.  The event also marked a strategic partnership between GAC and Thai car rental and mobility solutions provider CLVG (Thailand) Co., Ltd., aimed at expanding GAC’s electric mobility presence in Southeast Asia, including I...

News  Updated at: 2025/07/03

s (25.4% share), Suzuki sold 5,221 units (11.7% share) and VW sold 4,911 units (11.0% share). Among commercial vehicle sales in June, FAW sold 450 units (17.3% share), Toyota sold 315 units (12.1% share), and Isuzu sold 296 units (11.4% share). Sales to dealers accounted for 85.9%, sales to vehicle rental industry 8.2%, sales to corporate fleets 3.2%, and sales to government 2.7%. Exports in June increased by 7.9% y/y to 33,696 units. According t...

News  Updated at: 2025/07/02

io, SEAT Arona, Peugeot 208 and Opel Corsa. Of all vehicles sold in June, gasoline vehicles had a 29.3% market share, diesel vehicles had a 5.5% share, and other vehicles had a 65.2% share. Private car sales in June increased 28.8% to 48,836 units, business sales increased 14.2% to 42,208 units and rental car sales decreased 1.5% to 28,081 units. ANFAC explained that "June has been the month in which the most passenger cars have been sold for the...

News  Updated at: 2025/07/02

ong with upgrades to existing branches. Farizon, a Geely Group brand specializing in electric vans and trucks, will begin operations in the South and Southeast regions due to their more advanced market readiness and charging infrastructure. The company plans to sell primarily to fleet operators and rental companies, offering tailored commercial terms. A logistics hub has been established in Curitiba, Paraná, and certified auto parts suppliers wi...

News  Updated at: 2025/06/14

ators, VinFast articulated its ambition to increase domestic component utilization to 80% by 2026. The company also aims to expand vehicle production to over 500,000 units by 2027, with a target of reaching 1 million units annually by 2030. To support these objectives, VinFast will offer a 50% land rental discount for the first 3 years, followed by a 20% discount for the subsequent 5 years, to partners establishing manufacturing facilities within...

News  Updated at: 2025/06/10

ult Cllio, MG ZS, Peugeot 208 and SEAT Ibiza. Of all vehicles sold in May, gasoline vehicles had a 29.8% market share, diesel vehicles had a 5.2% share, and other vehicles had a 65.0% share. Private car sales in May increased 22.2% to 45,749 units, business sales increased 13.7% to 34,277 units and rental car sales increased 18,8% to 32,794 units. ANFAC explained that "The national market is still in a very good streak, achieving new growth this ...

News  Updated at: 2025/06/03

before year end. The first exclusive product launch event for the FX Super One is scheduled for June 29,  and the Super One Online Global Product Launch is scheduled to be held on July 17. At this point, FX's B2B pre-orders now expand to three major categories: FF Par (Partner) program; commercial rental and livery companies; and livestream ecommerce MCN agencies. In the first phase, we are planning to expand our reach across eight U.S. states (...

News  Updated at: 2025/06/03

targets 3 areas: energy storage systems, electric vehicle (EV) adoption, and EV charging infrastructure. MMVN and (i) VinEnergo will pilot energy storage systems in Q3 2025, with a broader rollout expected in Q4. With (ii) Green Future, MMVN will transition its fleet to VinFast EVs through flexible rental and hire-purchase options. Additionally, (iii) V-Green will help install EV charging stations at MMVN locations nationwide to enhance customer ...

News  Updated at: 2025/05/30

Maharashtra state cancels tender of 5,150 electric buses On May 23, the Transport Minister of Maharashtra State, in a social media post, announced that the company responsible for supplying 5150 electric buses on a rental basis has been found inactive, and instructions were given to cancel the tender agreement with this company. A revised schedule was given to the concerned bus supplier organization to supply 1,000 buses by May 22, 2025. However,...

News  Updated at: 2025/05/27

BYD, CAR forge strategic partnership for NEV rental On May 20, BYD signed a strategic cooperation agreement on summer 2025 vehicle procurement with CAR Inc. (CAR) in Shenzhen. The two companies will conduct comprehensive cooperation in areas such as vehicle procurement and operations, marketing and brand linkage, V2X (Vehicle to Everything) technology collaboration, used vehicle operations, and market services by means such as continuously expand...

News  Updated at: 2025/05/22

Nyle reports reduced use of vehicles as measure against high gasoline prices Gasoline prices have remained at high levels since Russia’s military invasion of Ukraine. According to a gasoline cost survey by Nyle Inc. (Nyle), a company that is engaged in automotive rental services, about 60% of the people who participated in the survey in Japan have been taking measures such as a reduced use of vehicles. While crude oil prices have been declining...

News  Updated at: 2025/05/12

, MG ZS, SEAT Ibiza and Toyota Yaris Cross. Of all vehicles sold in April, gasoline vehicles had a 32.5% market share, diesel vehicles had a 5.6% share, and other vehicles had a 61.9% share. Private car sales in April increased 5.6% to 39,669 units, business sales increased 5.1% to 30,707 units and rental car sales increased 11.5% to 28,146 units. ANFAC explained that "April is closing again on a positive note, with an increase of 7%, despite hav...

News  Updated at: 2025/05/07

t's expansion. The electric motorbike market is projected to account for up to 75% of total sales by 2035. Japanese brands are also adapting to market trends, with electric models such as Yamaha’s Neo’s and Honda’s ICON e: series seeing price adjustments, alongside the introduction of battery rental options. In 2025, Vietnam’s motorcycle market is expected to continue its upward trend, driven by both conventional and electric models. (Fro...

News  Updated at: 2025/04/24