Jucy invests $40 million in new vehicles, Next Capital takes majority stake

Jucy is expanding to meet growing tourist demand. Video / Jucy

Jucy is investing $40 million in new vehicles to address a critical rental vehicle shortage.

The funding was secured through their local banking partner and Australian private equity firm Next Capital, which

The company’s data shows the next summer peak of inbound international tourists is expected to start earlier than normal, with November expected to be significantly higher than pre-pandemic levels.