Skip to main content

Urban Mobility 3.0 workshop: Companies must innovate

More than 160 senior delegates from the automotive and transportation industry met last week to present, discuss and invent the future of mobility during Frost & Sullivan’s interactive workshop Urban Mobility 3.0: New Urban Mobility Business Models. The two-day event summarised the current and future developments in the industry and highlighted new and innovative mobility concepts. Frost & Sullivan Partner and Global Practice Director, Sarwant Singh, opened the debate at the House of Commons in London, com
June 27, 2013 Read time: 3 mins
More than 160 senior delegates from the automotive and transportation industry met last week to present, discuss and invent the future of mobility during Frost & Sullivan’s interactive workshop Urban Mobility 3.0: New Urban Mobility Business Models. The two-day event summarised the current and future developments in the industry and highlighted new and innovative mobility concepts.  

Frost & Sullivan Partner and Global Practice Director, Sarwant Singh, opened the debate at the House of Commons in London, complimenting various stakeholders in the mobility space as ‘understanding future mobility needs of customers’. He urged companies to analyse the new mega trends impacting mobility across the diverse industry value chain, by saying “Mega trends like urbanisation, connectivity and e-commerce are creating new opportunities; for example smart parking management solutions for OEMs and home delivery for logistics companies thereby boosting demand for light commercial vehicles”.  He further stated that the concepts of car ownership, car retailing and in-car technology are in a process of complete transformation, and vehicle manufacturers will have to keep abreast with all new developments.”

“Few markets in the world will see so drastic a change as the mobility market […] as user numbers will double or triple,” said Robert Henrich, CEO of 4190 Car2go, while 1731 BMW’s Senior Vice President, Markus Schramm, explained: “traditional lines between public and private transport will disappear, [as can be seen] with car sharing […] for highly multimodal mobility consumers, who use own cars and car sharing.”

According to Lucinda Turner from 1466 Transport for London, they “want to promote modal shift, but it’s not anti-car or ideological.” Demand for travel is increasing significantly and while a shift of nine per cent of travellers away from the car to other modes such as cycling and public transport has been achieved over the last decade, with investments in infrastructure and the congestion charge in particular, more investments have to be made in roads, as congestion has risen by 10 per cent over the last decade, she summarised.

Other topical highlights included the tipping point for the population to give up car ownership, the possibility of door-to-door connectivity with regard to rail and various other public transport modes, the impact of urban logistics threatening road traffic congestion to further increase substantially, as well as the importance of connectivity and artificial intelligence for cars.

For more information on companies in this article

Related Content

  • New markets for travel information apps
    November 26, 2013
    Purpose-designed travel information apps are emerging to support the real estate market in the US – and potentially more widely – in a major diversification away from the conventional automotive and navigation device sectors. In July 2013, Washington State-based Imprev, which develops web-based marketing support aids for realtors, announced its App Generator. Claimed as an industry first, this enables property businesses to create their own branded mobile apps to give away as marketing tools to potential
  • Traffic management market ‘worth US$17.64 billion by 2020’
    February 4, 2016
    According to a new market research report from MarketsandMarkets, the traffic management system market is expected to grow from US$4.12 billion in 2015 to US$17.64 billion by 2020, at a compound annual growth rate of 33.8 per cent during the period. The report, Traffic Management Market by Solutions (ELV, Full Pedestrian, Led Signals & Retrofit Solutions, Intersection Controllers Parking Space and Toll Management), Detection (AGPVD, Loop Detection, CCTV and ANPR), & by Region - Global forecast to 2020, s
  • Can ADAS impact middle-income countries?
    September 20, 2013
    Recent research by SBD shows that road-related fatalities are the eighth leading cause of death globally with more than a million people dying each year. Middle income countries, which include most ASEAN economies, account for 72 per cent of the world’s population and contribute to about 80 per cent of road traffic fatalities.
  • McKinsey reveals the $bns spent on mobility
    May 5, 2021
    Investors have poured nearly $330bn into more than 2,000 mobility firms since 2010