EVInstaFleet is aimed at serving a growing market of entrepreneurs running high-mileage vehicle fleet businesses, giving ‘EV-preneurs’ simple, easy access to cars and capital for more equitable peer-to-peer car and ride-sharing vehicles.
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The next-generation robotaxi is based on the all-electric Ioniq 5, is Motional’s first commercial vehicle, and will be used in a driverless public ride-hail service starting with Lyft in 2023.
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The implementation of new technology enabling real-time ride matches and a shift in trends toward car ownership are expected to affect the growth of ride-sharing market size during the forecast period.
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