Electric Vehicle Shared Mobility Market - Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By Service Type (Ride-Hailing, Car Sharing, Car Rental and Ride Sharing), By Vehicle Type (Two-Wheeler and Four-Wheeler), By Commuting Pattern (Daily, Weekly and Occasionally) and By Region 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 346.61 Billion
CAGR (2026-2031)	17.69%
Fastest Growing Segment	Ride-Hailing
Largest Market	North America
Market Size (2031)	USD 921.04 Billion

Market Overview

The Global Electric Vehicle Shared Mobility Market will grow from USD 346.61 Billion in 2025 to USD 921.04 Billion by 2031 at a 17.69% CAGR. The Global Electric Vehicle Shared Mobility Market involves the provision of electric-powered vehicles, such as cars, scooters, and bicycles, for short-term collective use through services like ride-hailing and car-sharing. This market is primarily driven by stringent government environmental regulations aiming to decarbonize urban transport and the increasing economic efficiency of shared mobility models compared to private vehicle ownership. Rapid urbanization further supports this growth by creating a demand for flexible and sustainable transit solutions that alleviate congestion. According to the 'International Energy Agency', in '2025', global electric car sales were projected to surpass 20 million units, significantly expanding the availability of zero-emission vehicles for shared fleets.

Despite these favorable drivers, the market faces a significant challenge regarding the adequacy of charging infrastructure. The insufficient availability and uneven distribution of public charging stations create operational bottlenecks and range anxiety, which are particularly detrimental to shared fleet operators who require rapid vehicle turnaround. This infrastructure gap limits service reliability and increases downtime, serving as a substantial impediment to the seamless scalability and widespread adoption of electric vehicle shared mobility services globally.

Key Market Drivers

Favorable Government Policies and Decarbonization Mandates serve as the primary catalyst for the Global Electric Vehicle Shared Mobility Market. Governments worldwide are enforcing stricter emission regulations and establishing Low Emission Zones (LEZ), which necessitate the integration of zero-emission vehicles into shared transport networks. These regulatory frameworks are often accompanied by financial incentives that lower the barriers to entry for fleet operators, effectively forcing a shift away from internal combustion engines. The direct correlation between legislative support and market uptake is evident in mature urban centers; according to Uber, November 2025, in the 'Q3 2025 Electrification Update', strong policy alignment and industry investment in cities like London and Vancouver resulted in more than one in every three miles on the platform being completed in an electric vehicle.

Strategic Fleet Electrification by Major Ride-Hailing Aggregators is significantly accelerating market expansion as companies align operations with corporate sustainability goals. Leading mobility platforms are actively transitioning their fleets to electric power to reduce their carbon footprint and comply with emerging Environmental, Social, and Governance (ESG) standards. This proactive shift involves substantial investment in vehicle acquisition and charging partnerships to ensure service reliability. For instance, according to Bolt, June 2025, in the '2024 Sustainability Wrap-Up', the company's 'Project Zero' initiative set a strategic target for zero-emission vehicles to constitute 50% of its ride-hailing fleet across Europe. Reflecting the broader scale of this transition, according to Lime, February 2025, in the '2024 Financial Results', the operator expanded its average operational fleet by 20% to exceed 270,000 vehicles globally.

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Key Market Challenges

The inadequacy of charging infrastructure represents a critical bottleneck for the Global Electric Vehicle Shared Mobility Market, directly undermining the operational efficiency that shared fleets require. For shared mobility operators, vehicle utilization rates are paramount; however, the scarcity and uneven distribution of public charging stations force vehicles to spend excessive time out of service. This "charging downtime" disrupts fleet rotation, preventing operators from meeting peak demand periods and reducing the overall revenue potential per vehicle. Furthermore, the lack of reliable infrastructure exacerbates range anxiety among users, who may hesitate to rely on electric shared vehicles for time-sensitive journeys if they fear being stranded without access to a charger.

This infrastructure deficit is numerically evident when compared to the rapid adoption of electric vehicles. According to 'ChargeUp Europe', in '2025', there were approximately 950,000 public charging points available across the European Union at the end of the first quarter. While this figure represents growth, it struggles to keep pace with the surging volume of electric vehicles entering shared fleets, creating a ratio imbalance that leads to congestion at existing stations. Consequently, this gap serves as a logistical barrier, stalling the ability of shared mobility platforms to scale their operations seamlessly in high-density urban environments.

Key Market Trends

The Deployment of Autonomous Electric Robotaxi and Shuttle Fleets is fundamentally reshaping the market structure by eliminating labor costs and increasing vehicle uptime. This trend represents a critical technological evolution where the convergence of electric propulsion and Level 4 autonomous driving systems enables operators to offer continuous, on-demand mobility at a fraction of the cost of human-driven services. By removing the driver from the equation, shared mobility platforms can optimize fleet routing and energy consumption more effectively, making the unit economics of electric transport significantly more viable in high-density urban zones. The scale of this transition is evident in the operational volume of leading developers; according to Baidu, February 2025, in the 'Fourth Quarter and Fiscal Year 2024 Earnings Call', the company's autonomous ride-hailing service, Apollo Go, provided approximately 1.1 million rides in the fourth quarter of 2024 alone, demonstrating the rapid commercial validation of driverless electric transport.

The Proliferation of Electric Micromobility for Last-Mile Connectivity is establishing a vital complementary layer within the broader shared ecosystem, specifically addressing the demand for short-distance travel that connects commuters to public transit hubs. Operators are increasingly deploying ruggedized, high-utilization electric scooters and bicycles to serve as the capillaries of urban transport networks, effectively reducing reliance on private cars for short trips. This segment has evolved from sporadic deployment into a consistent revenue stream for major platforms, driven by user demand for flexible and congestion-proof transit options. According to Lime, February 2025, in the 'Unaudited Financial Results for 2024', the company reported record-breaking engagement with more than 200 million rides provided globally throughout the year, underscoring the mass adoption of shared electric micromobility as a primary mode of urban transit.

Segmental Insights

The ride-hailing segment currently constitutes the fastest-growing category within the global electric vehicle shared mobility market. This accelerated expansion is largely driven by stringent emission mandates from regulatory bodies such as the European Commission, prompting operators to transition toward zero-emission fleets. Furthermore, the significantly lower fuel and maintenance costs associated with electric vehicles provide distinct economic advantages for high-mileage drivers compared to traditional internal combustion engines. These financial incentives, combined with increasing restrictions on fossil fuel vehicles in urban centers, are rapidly driving the adoption of electric vehicles in the on-demand transportation sector.

Regional Insights

North America currently leads the Global Electric Vehicle Shared Mobility Market, driven by the widespread adoption of established Mobility-as-a-Service (MaaS) platforms and significant regulatory support. The region’s dominance is reinforced by aggressive fleet electrification targets set by major ride-hailing companies, supported by federal initiatives that lower vehicle acquisition costs. Furthermore, the U.S. Department of Transportation and private entities are heavily investing in charging infrastructure, ensuring operational feasibility for shared electric fleets. This combination of mature digital infrastructure, favorable government policies, and strong corporate commitment positions North America at the forefront of the industry.

Recent Developments

• In November 2024, Lyft announced a partnership with May Mobility to integrate autonomous vehicles into its ride-sharing network, starting with deployments in Atlanta. The collaboration involved launching a fleet of autonomous Toyota Sienna minivans equipped with May Mobility’s self-driving technology, which riders could book directly through the Lyft app. This initiative was part of a broader strategy by Lyft to connect consumers with autonomous mobility options through collaborations with key technology providers. The service was scheduled to begin operations in 2025, with plans to scale to multiple markets over time to support the growing autonomous vehicle ecosystem.
• In July 2024, Uber Technologies Inc. entered into a multi-year strategic partnership with BYD to deploy 100,000 new BYD electric vehicles onto the Uber platform across key global markets. The collaboration aimed to offer drivers access to best-in-class pricing and financing for electric vehicles, beginning in Europe and Latin America before expanding to the Middle East, Canada, Australia, and New Zealand. The companies also agreed to collaborate on future autonomous-capable vehicles. This alliance was designed to lower the total cost of ownership for drivers and accelerate the transition to electric shared mobility on a massive scale.
• In June 2024, Waymo officially opened its fully autonomous ride-hailing service, Waymo One, to all members of the public in San Francisco, eliminating the previous requirement for a waitlist. This development allowed anyone in the city to request a ride in one of the company’s all-electric Jaguar I-PACE vehicles directly through its mobile application. The company highlighted that this milestone followed years of deliberate scaling and testing, during which it had already powered tens of thousands of weekly trips. The service operates 24/7 across the city, marking a major step in the commercialization of driverless shared mobility.
• In April 2024, Lime announced a significant expansion of its shared electric vehicle fleet, committing an investment of over $55 million to enhance its global operations. The company revealed plans to introduce more than 30,000 new electric bikes across North America, Europe, and Australia, while also replacing older models to improve rider experience. This strategic initiative included re-entering markets such as Greece and Mexico, which had been paused during the pandemic. The expansion underscored the company's financial growth, driven by a surge in gross bookings and a focus on solidifying its position in the micromobility sector.

Key Market Players

• Uber Technologies, Inc.
• Lyft, Inc.
• Bird Rides, Inc.
• Neutron Holdings, Inc.
• Spin Operations, Inc.
• Bolt Technology OÜ
• Didi Global Inc.
• Grab Holdings Limited
• Revolve Mobility Inc.
• MaaS Global Oy

By Service Type	By Vehicle Type	By Commuting Pattern	By Region
Ride-Hailing Car Sharing Car Rental Ride Sharing	Two-Wheeler Four-Wheeler	Daily Weekly Occasionally	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Electric Vehicle Shared Mobility Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Electric Vehicle Shared Mobility Market, By Service Type:

• Ride-Hailing
• Car Sharing
• Car Rental
• Ride Sharing

• Electric Vehicle Shared Mobility Market, By Vehicle Type:

• Two-Wheeler
• Four-Wheeler

• Electric Vehicle Shared Mobility Market, By Commuting Pattern:

• Daily
• Weekly
• Occasionally

• Electric Vehicle Shared Mobility Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE