Problems such as congestion and air pollution coupled with changing consumer attitudes to environmental issues and increasing adoption of smartphones, is pushing ahead a new agenda for travel - one focused on connected, autonomous, shared and electric mobility. While the disruption is altering existing business models of automotive makers, it is also leading to a surge of start-ups and other incumbent companies entering the mobility space to build the mobility of the future.
This report comes in PPT.
The new mobility ecosystem is guided by four key areas: connected; autonomous; shared; and electric - this is better known by the mobility acronym, CASE. These are the major areas of investment for governments and businesses.
It is hoped that the new mobility ecosystem will help solve important issues such as reducing transport’s carbon footprint, improve the safety of vehicle travel and mitigate congestion issues in cities through the use of shared mobility services.
Mobility-as-a-service, or MaaS, is the new business model appearing in the urban transport. It aims to provide people with an integrated and frictionless way of travelling in a city by making use of all available transport modes. People would either pay-as-you-go or purchase subscriptions.
Fully driverless level 5 cars are still a long way away. It is not just the technological challenge slowing commercial release, people are still hesitant about their safety. Also, no country has yet issued the relevant laws allowing vehicles to travel autonomously, without a human driver.
Connected vehicle technology is on the rise, but a key element of discussion focuses on the battle between internet platforms. Wi-Fi and 5G C-V2X are the two rivals that seek to deliver vehicle-to-vehicle communications. In Europe and North America, Wi-Fi is more popular but is seen as being outdated, while 5G is heralded as a more superior version allowing faster data transmission.
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