Ride share and Ride-hailing Boost Global Purpose-built Vehicle Demand – QNT Press Release


The purpose-built vehicle market improves vertical integration and brings customers and manufacturers closer by eliminating gaps, says Frost & Sullivan

SAN ANTONIO, June 23, 2022 /PRNewswire/ — The need to address various requirements in ride share and ride-hailing expedites purpose-built vehicle (PBV) market growth, finds Frost & Sullivan’s recent analysis. This sector involves original equipment manufacturers (OEMs) designing, fabricating, and selling highly customized vehicles that adapt to customers’ application needs. With three innovative business models—build-and-own, build-and-sell, and configure-and-buy—the PBV market improves automotive business models’ vertical integration and brings customers and manufacturers closer by eliminating gaps.

Full story available on Benzinga.com



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