Though electric vehicle (EV) adoption is still in its early phases, market shares and global demand for EVs are continuing to grow at a steady pace, and we are exploring strategic solutions to successfully execute electrification across our fleet.
As the world’s largest vehicle rental business, we have not only embraced the transition to electrification, but we are also committed to doing so in a thoughtful way, for the benefit of all stakeholders. At Enterprise Holdings, we’re tackling the complexities of transforming transportation head-on to put our customers first and work with others to purposefully invest in the infrastructure that will support the sustainable future we’re building together.
Our business can play a unique role in introducing customers to EVs. Many use rental as an extended test drive with the chance to experience new vehicles and vehicle technologies. We are well-positioned to build consumer awareness and assist with understanding of the technology. Our vast vehicle rental and mobility lines offer an opportunity for market exposure.
We’re taking a comprehensive approach to build a viable EV strategy. For example, EVs require a robust and well-considered infrastructure in order to generate value for everyone. That’s why we’re bringing together city, state and federal officials, as well as electric utilities, infrastructure providers and other partners to implement pilot plans in select markets based on localized customer demand, infrastructure and vehicle availability among other factors.