Zoomcar, a leading car-sharing marketplace listed on NASDAQ, has formed a partnership with SPARKCARS, an innovative EV self-drive rental company. The collaboration aims to enhance the availability of electric vehicles for self-drive rentals, catering to the increasing demand for convenient and autonomous travel.
Under this partnership, Zoomcar and SPARKCARS plan to introduce over 1,000 electric vehicles onto Zoomcar’s platform across India within the next two years. These additions will include popular models such as the TATA Nexon, Mahindra XUV 400, Citroen eC3, and others, providing users with a diverse range of eco-friendly options for their mobility requirements.
In addition to expanding the fleet of EVs available for rental, the partnership is expected to promote both economic and environmental benefits. EV rentals are known to be economically advantageous for hosts due to high demand, special pricing, and lower maintenance costs. The initiative will offer guests a variety of sustainable transportation choices, contributing to a cleaner and greener future, as per the company’s statement.
Greg Moran, CEO and Co-Founder of Zoomcar, expressed, “With the government’s increasing emphasis on bolstering the EV ecosystem, we are delighted to align ourselves in fostering this transition alongside SPARKCARS towards a cleaner, greener future. We are not merely integrating EVs into our platform; we are empowering our guests with an array of sustainable alternatives and unlocking significant economic value for EV hosts compared to traditional ICE vehicles.”
Mehul Agrawal, CEO and Co-Founder of SPARKCARS, stated, “Teaming up with a market leader like Zoomcar instills us with greater confidence in our shared capacity to expedite this objective, aligning seamlessly with India’s climate objectives and the Prime Minister’s Mission Life initiative.”