Redefining Urban Mobility
A new EY report, Urban Mobility Redefined, finds the lines blurring among such shared transportation alternatives as car-sharing, ride-sharing and other non-traditional modes of personal transportation.
These options—and how individuals pay for them—were originally envisioned for residents in megacities. But Anil Valsan, Global Automotive and Transport lead analyst for EY, says they are being successfully introduced in smaller cities too.
The challenge for would-be providers is to develop effective business models for these emerging services. EY’s report details the steps to success, which include matching the right options with the right cities, identifying the best business features and focusing on the elements necessary for profitability.
Continental, an automotive supplier that has a deep engineering bench, is making a huge organizational change, one that Dr. Elmar Degenhart, chairman of the executive board, explains is necessary because, as he puts it, “The industry is changing at a high pace, so we have to change, too.”
Elio Motors is something of a brash company.
While there is a burgeoning proliferation of companies that are in the LiDAR space, each with its own take on utilizing laser pulses to create a precise map of its surroundings for purposes of ADAS or full-blown automation, a Seattle-based company has a distinction that certainly sets it apart from its competitors.