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.

Related Content

  • May 24, 2017
    Start-ups ‘steering growth and innovation in global automotive and mobility industry’
    From devising driver monitoring systems to mapping services and driver safety data on the go, start-ups are rapidly emerging in every technological vertical in the automotive space, say Frost & Sullivan researchers. Over 1,700 start-ups are focusing on developing technologies that enable electrification, autonomous cars and mobility solutions to reduce the cost of ownership and enhance user experience. Meanwhile, original equipment manufacturer (OEM) start-up initiatives such as BMW Start-up Garage, the JLR
  • November 13, 2015
    Intelligent mobility leverages user-focused smartphone business model
    New analysis by Frost & Sullivan claims the mobility network will draw inspiration from the user-interface oriented and service-driven, smartphone business model, to render car ownership an option for consumers. The subscription and user model of accessing vehicles will coexist alongside the traditional sales and ownership model, thereby enabling mobility-on-demand solutions for every commuting need. Even though the analysis, The Future of Intelligent Mobility and its Impact on Transportation, expects a
  • April 22, 2015
    Long-range electric vehicles ‘set to gain popularity globally’
    According to new analysis from Frost & Sullivan, the global electric vehicles (EV) market has made huge progress, with more than 55 models now available globally. Currently, over 70 per cent of the models on the market are battery EVs (BEVs) and approximately 25 per cent are plug-in hybrid EVs (PHEVs). Nevertheless, the number of PHEVs is likely to increase over the next three to four years. The market will see greater demand for longer-range vehicles that allow customers to drive up to and past the pure EV
  • October 22, 2013
    Peer-to-peer car sharing expected to become the next big thing in the market
    Frost & Sullivan’s recent customer research study on car sharing in select European cities reveals that the market is fast gaining ground. Residents in a number of cities in France, Germany as well as in the UK are currently multi-modal transport users. While only one out of four claim familiarity with the car sharing concept, once familiar, the interest levels in these services zip to 38 per cent.