Consumers have more alternative transportation methods than ever before. Whether it’s utilizing a ridesharing service, taking public transportation or renting a shared scooter, there are more ways to get around without having to utilize a personal vehicle. While alternate transportation isn’t readily available to all consumers, and not all consumers are fully using alternate transportation, this section of the automotive industry will continue to grow in the hopes of carving a spot next to the personal vehicle as a way to conveniently and reliably commute.

• Car sharing services – Services that provide short-term vehicle rentals to consumers. Car sharing rental fleets can comprise of company owned vehicles, or privately-owned vehicles for peer-to-peer rentals.

• Ridesharing services – Services where car owners can provide on-demand rides to consumers for a fee, usually arranged via an app or website.

• Bike sharing services – Networks of bicycles and stations where users can rent a bicycle from any station and return it to another station within the network.

• Scooter sharing services – Networks of electric scooters and stations where users can rent a scooter from any station or location on a map and either return it to another location or leave it on the network map for another user to find.