The bar chart shows the changing trajectory of transaction volume of China’s car-sharing market from 2016 to 2019. Generally speaking, the transaction volume has witnessed a rapid growth. Especially from 2018 to 2019, it rises from 3.65 billion yuan to 6.64 billion yuan.

The car-sharing industry is the product of the fast development of sharing economy. The reasons for continuous increase in the transaction volume are mainly as follows. Firstly, car-sharing companies begin to expand the market, and a variety of car-sharing software come into being, enabling more people to enjoy car-sharing rental services. Secondly, car-sharing not only brings convenience to people’s travel, but also conforms to the “eco-friendly” concept. People renting new-energy shared cars can slow down the increasing number of private cars, making contributions to promoting low-carbon life. In addition, part of the reason for the faster growth from 2018 to 2019 is the increase in charging facilities.

From the above analyses, it can be seen that the overall market turnover of car-sharing is on the rise, which indicates a great potential for growth in the future.