AVRis car rentals company reported first quarter earnings today, and the company said it plans to expand its customer base by 25% to reach 2.5 million people by 2021.
It added that it is also building an entirely new fleet of cars and is looking at adding a fleet of trucks and buses.
The company reported that it will continue to expand to areas outside of the United States and China.
AVRi said that it expects the full-year 2021 to be its first ever profitable year, and it expects to see additional operating profit for 2021.
AAVIS has been growing its sales to customers in the United Kingdom, Germany, France, Italy, Belgium, the Netherlands, the United Arab Emirates, and Australia.
The company also reported that its international expansion plans have been accelerated.
AVP has recently launched a partnership with BMW, where the company will build an affordable and fun, environmentally-friendly car to the automaker’s customers.