New energy vehicles boost sharing economy

Chinese car-sharing firms are taking the fast lane to a green tomorrow by using new energy vehicles for their services.

In doing so, they are also exploiting opportunities brought by the country's booming new energy vehicle segment and the drive toward clean energy, industry observers said.

At the China EV100 Forum, an event in the field of electric vehicles, held in Beijing in January, Rong Wenwei, chairman and general manger of Shanghai International Automobile City Group Co Ltd, or SIAC, said, "China didn't take a long time to get into the car-sharing sector but has made rings around other countries. To differentiate from them, up 95 percent of shared cars in China now are NEVs (new energy vehicles)."