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.
At an event this week in Washington, DC, Uber’s CEO announced a number of new initiatives and partnerships, reinforcing the company’s strategy of expanding beyond its core business as a ride-hailing service.
Congestion fees have a number of both pros and cons, and are controversial for city planners and transportation service providers. They can be effective in the goal of reducing gridlock, but they also raise the cost of travel and limit access.
Hosts of the Mobility Podcast discuss autonomous vehicle safety in the aftermath of the tragic accident in Arizona and driverless regulations in California.
Fatal Self-Driving Vehicle Incident in Arizona Underscores Need for National Effort to Implement Advanced Safety Technology
Critics of autonomy will likely use the Uber accident to argue that self-driving cars are too dangerous, but the incident reflects the need for continued public testing to perfect the technology.
Ride-hailing’s popularity has prompted some consumers to delay or avoid buying their own personal vehicle. The rapid growth in ride-sharing, along with the potential of AVs, may have a profound effect on fuel consumption.
The latest developments from Uber and GM, and other firms in the self-driving race, indicate autonomous vehicles are helping drive efficiency and accelerating the use of EVs.
Factors other than ridesharing carry more weight behind the surge in VMT. Lower pump prices, economic growth, and rising household income are underpinning increased travel.