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

  • Citroën targets micromobility with Ami EV
    March 5, 2020
    Citroën is launching a small, two-seater electric vehicle (EV) which can be driven by children as young as 14, apparently.
  • Automotive telematics and smart energy will lead M2M market growth
    March 22, 2012
    According to ABI Research’s new study, Cellular M2M Connectivity Services, the M2M market has become a fully mainstream segment of the cellular industry. By the end of 2011, most major mobile operators in North America, Europe, and the Asia-Pacific region had established M2M business units to focus their efforts in this fast growing market. ABI Research predicts that the market for cumulative cellular M2M connections will rise from about 110 million connections in 2011 to approximately 365 million connectio
  • RFID market will be worth over $70 billion over next five years
    April 17, 2012
    The market for RFID transponders, readers, software, and services will generate US$70.5 billion from 2012 to the end of 2017. The market was boosted by a growth of $900 million in 2011 and the market is expected to grow 20 per cent YOY per annum. Government, retail, and transportation and logistics have been identified as the most valuable sectors, accounting for 60 per cent of accumulated revenue over the next five years. “To date, the automotive sector has been a strong proponent of RFID, largely for immo
  • Consumer telematics driving automotive electronics
    February 3, 2012
    This year's Consumer Electronics Show in Las Vegas was characterised by consumer telematics solutions, writes Dave McNamara