Why EV Rentals Will Surge

Global & Regional EV Growth Forecasts

• Africa is projected to reach 4 million EVs by 2030, with short-haul rentals leading early adoption due to high fuel prices and inadequate public transport.

• Asia (South & Southeast) is forecasted to dominate EV 2-wheeler and 3-wheeler adoption, with countries introducing subsidies, low-interest loans, and EV-only zones.

• EV rental market in urban Africa & Asia is expected to cross $18 billion by 2030, led by gig economy workers and low-income commuters.

• According to IEA and BloombergNEF, micro-mobility solutions (bikes, scooters, 3-wheelers) will account for 70% of EV sales in emerging markets by 2027.

Key Demand Drivers

• 50% of urban trips in these regions are under 5km, making short-distance EVs ideal.

• Fuel price instability and increasing carbon taxes are pushing consumers toward EV rentals.

• Digital-first millennial and Gen Z populations are more open to pay-per-use models.

EVRS Growth Forecast (Realistic & Scalable)

Year	Fleet Size	Daily Avg Revenue/EV	Annual Gross Revenue	Cumulative Token Treasury Support*	Projected Valuation
2026	150 EVs	$2.50	$136,875	$13.6K	$700K – $1.2M
2027	750 EVs	$2.75	$619,687	$61.9K	$3.5M – $5M
2028	3,000 EVs	$3.00	$2.7M	$270K	$12M – $18M
2029	10,000 EVs	$3.25	$9.75M	$975K	$40M – $55M
2030	20,000 EVs	$3.50	$21M	$2.1M	$100M+

*10% will be allocated for token buybacks and burns, effectively reducing the total supply of 1B $EVRS and driving increased demand, which in turn supports long term price appreciation.