for Ride Hailing
A new business structure enhances the ability of ride-hailing drivers to offer lower prices, attract more riders, reduce empty-vehicle driving time, and enhance utilization.
Smartphones interact with the other pillars of the sharing economy—excess capacity and urbanism—to facilitate the use of ride-sharing and other services in cities.
The sharing economy is built on three pillars: Excess resource capacity; mobile internet; and urbanism.
It’s too soon to fully realize how autonomous cars will open new avenues of commerce and change consumers’ relationships with retail, but Lyft’s recent actions give a glimpse into what the future might hold.
Critics may argue that the self-driving car phenomenon is premature, but as choices for drivers and commuters grow, attitudes will eventually shift, particularly with new technology expected to ease congestion, boost efficiency, and reduce traffic accidents.
Partnering with Lyft while launching the Bolt means that GM can now start building cars for the high utilization, passenger-centric demands of our autonomous future.