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From 2020 to 2025, the addressable market for purpose-built vehicles for mobility on demand is expected to grow by 21% a year

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From 2020 to 2025, the addressable market for purpose-built vehicles for mobility on demand is expected to grow by 21% a year

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Purpose-built vehicles for ride-sharing services: Global demand to rise to 2.5 million cars by 2025

The growing demand for ride-sharing services is giving rise to a new category of vehicles: Cars with a flexible interior that can be individually tailored to the needs of their users. In Europe, the United States and China alone, one million of these specially designed vehicles, many of them electric, are set to be sold by 2020, with the demand already expected to reach some 2.5 million by 2025.