Created by Kandi Technologies, this huge vending machine holds between 30 and 300 electric vehicles

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Created by Kandi Technologies, this huge vending machine holds between 30 and 300 electric vehicles and allows users to rent on an hourly basis at a rate of $3.25 an hour. It also offers a leasing option of one to three years which costs between $130 and $160 a month, including maintenance, insurance and charging.
This car vending machine speaks to all these issues. It provides a simple, reliable and affordable way for Chinese citizens to rent an electric vehicle . This may go some way to reducing the number of cars on the road as well as familiarizing users with electric vehicles. And this seems necessary: According to Mintel's Car Retailing China March 2013 report, sales of new cars grew 4.3% in 2012 while sales of used cars grew 10.6% .
This is an observation from our Inspire trend Cool Vending which looks at how Consumer expectations about what, when and where they can buy have changed vending car rental bid lowest price machines forever.. For the latest trends and observations on Inspire click here .