Mobility transformation

With more than 70 million EVs on the road by 2030, the industry will need to install large numbers of public chargers and provide maintenance operations for them . Renewable electricity production needs to increase by 5 percent to meet EV charging demand.

Revenue in the Shared Mobility segment is projected to reach US$1,079,662m in 2022. Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 12.78%, resulting in a projected market volume of US$1,746,517m by 2026 .

Mobility is the industry of transporting people and goods . In recent times, mobility has expanded in scope and complexity beyond binary paradigms of getting from A to B. This is due to advances in multi-modal transport (e.g., changing vehicles mid-journey) and applications of software (e.g., autonomous driving).

These 11 leaders — Aptiv, Audi, Baidu, BMW, Continental, Daimler, Fiat Chrysler Automobiles, HERE, Infineon, Intel and Volkswagen — comprise the broadest representation across the industry and have published, to date, the largest report on how to build, test and operate a safe automated vehicle.

Mobility Market Model City-level modal mix projections covering ten modes of transport—including private, public, and shared—with details on personal and vehicle miles traveled, light-vehicle sales, production, vehicle parc, and demand for shared modes.

As Kevin Roberts, Automotive & Transportation Senior Analyst at EY put it: “Future mobility is about striving towards environment-friendly, integrated, automated and personalised travel on demand .” It might seem counterintuitive, but it may be easier to forecast the long-term future than the near-term.

The future of mobility will strive towards environment-friendly, integrated, automated and personalized travel on demand . Currently, there are multiple modes of transport available in cities globally, including private cars, taxis, buses, and trains.