Indhumathi D
Over the past few years, the car rental industry has been growing at a faster pace across the globe.
Over the past few years, the car rental industry has been growing at a faster pace across the globe.
The increase in pollution rate and the need to bring back a greener environment has made way for electric vehicles. In fact, the global electric vehicle market which was valued $118,864.
The ride-hailing industry has always been flexible enough to imbibe the changing market demands and has come up with alternatives to address the same.
The ride-hailing industry is always subject to change based on the dynamic market demands. Surpassing taxis and carpooling, bike taxis have made it up to the limelight now.
Traditional currencies are gradually being replaced by their digital counterparts with the growth of the cashless economy.
The ride-hailing taxi industry has a much wider scope for growth especially with the increase in the need for easy access to daily transit. In fact, the global ride-hailing market valued $36,450.
Despite the increasing need for private transit, driver ride cancellation is considered as one of the major issues that hinder the growth of the ride-hailing segment.