According to a British firm called Coastr, vehicle sharing is a more significant solution to address the climate crisis compared to the widespread adoption of electric cars. This firm claims to have the technology to make vehicle sharing a reality.

Coastr has developed software that allows automotive firms, such as car rental, car subscription, and car sharing companies, to transition from a traditional, paper-heavy approach to a fully digital system. They argue that currently only 6% of the world’s 2.4 billion vehicles are part of vehicle-sharing programs.