Shared mobility 2021

Shared mobility leads to better fleet utilization—allowing more passengers and goods to travel in the same vehicle/vehicle kilometer travelled . By increasing occupancy of passenger vehicles, India has the potential to reduce vehicle kilometer demand by nearly 35%, accounting to 2000 billion kilometers in 203513.

The future of mobility being fuelled by three key technology-driven disruptive trends: electrification of vehicles, connected & autonomous vehicles and Mobility-as-a-Service .

Ridesplitting involves splitting both a ride and fare in a vehicle with others traveling in the same general direction . These services allow dynamic matching and route variation in real time as passengers request pickups.