Car-Sharing Industry Promotes EVs Amid Prolonged High Oil Prices… Increasing Adoption and Lowering Driving Fees

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As high oil prices persist, car-sharing companies are increasing the introduction of electric vehicles and strengthening related marketing. With EVs proving relatively more profitable—driven by lower driving costs compared to internal combustion engine vehicles, extended usage hours, and low maintenance expenses—they appear to be accelerating the expansion of supply. According to industry sources on the 19th, Socar plans to introduce an addition…