According to Statista, revenue in Singapore's car-sharing segment is projected to reach US$130 million (S$173.5 million) in 2021.

Published 2021-02-05 09:49:51

[Updated on 5 Feb 2021, 5:30pm]

Car-sharing has been one of the pioneering ideas of the sharing economy in Singapore.

From the convenience of renting a private vehicle by the hour or day to choice of vehicle for your need, the flexibility provided by car-sharing services has attracted customers.

Moreover, the hourly prices of station-based car-sharing are very competitive to the prices of traditional car rental services.

It has been steadily gaining in popularity, as people relook into their transportation needs versus the costs of car ownership.


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