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Millennials, Gen Z drive car-sharing boom
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Car-sharing businesses say they have seen a spike in demand in recent months.
ST PHOTO: NG SOR LUAN
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SINGAPORE – Car-sharing and car-leasing services in Singapore are reporting a boom in demand, fuelled by millennial and Gen Z users who are more open to using a car for hours or days instead of owning one.
Mr Toh Ting Feng, chief executive and co-founder of GetGo Technologies, expects demand for its car-sharing services “to grow more than 50 per cent from 2022 to 2023”.
