How can Shared Mobility revolutionize the Transportation industry?

Shared mobility refers to transportation services and other resources which are shared by multiple users. They are either used at the same time or in a fixed order. For example, all kinds of public transit represent shared mobility. Whether it be taxis, rented cars, bike sharing, car sharing, ride sharing, ride-sourcing or side-splitting, shared mobility is paving the way for the future. Shuttle services along with “micro transit” are becoming more popular with each day.

Shared mobility trends show that the popularity of shared mobility is constantly on the rise. However, it will not reverse global vehicle sales. It might lead to lesser car sales and slow the process down. With shared mobility becoming the norm, it is likely that we will see lesser personal vehicles on the road. By 2030, around a third of the expected rise in vehicle sales caused by urbanization and macroeconomic growth will not take place because of the prevalence of shared mobility.


However, shared-mobility is not bad for the industry if we look at the bigger picture. We need to take into consideration how it can prove to be advantageous for some causes. Automakers, suppliers, and automobile brands will have to capitalize on this development and make the best of it if they want to survive. The renewed interest in providing solutions for environmental and economic concerns has led to the urgency of finding sustainable alternatives. That is where shared mobility comes in because it can help preserve energy, cost less money and also save the environment all at the same time.

It’s a More Mobile World

The shared mobility market is thriving, and we should be happy as it will help protect us in the future. Advancements in the field of electronic and wireless technologies have made carpool app development much easier. Automobile manufacturers, venture-backed startups, city programs, and even rental car companies are coming up with better solutions to use the shared mobility trends to their advantages.

Originally published at MyTaxiPulse

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