Car2go expects big growth in vehicle-sharing market

Daimler-owned service provider to drive ahead with key expansion plans

The car-sharing market in China is about to experience explosive growth in the coming three to five years and Car2go China Co Ltd - the Daimler-owned car-sharing business - is strategically prepared to ride the market boom, its CEO said.

"Many organizations and institutions are extremely positive about the outlook for the sharing-car market in China. Instead of predicting figures, I would like to say that sharing is a better choice for our future transportation," said CEO Chen Bing.