Data — fuel in Shared Mobility economy
Accelerating urbanizations is crippling mobilizations. As per the study, more than 33% of the Indian population lives in cities(tier 1) now. Sources say that the Cost of congestions recorded in 6 Indian cities last year was more than 55bil USD; for Example, Taxis account for 19% of trips but occupy 82% of the road share in Mumbai.
But with a small cut in the number of trips on multi-modal, shared mobility networks can impact the road share, greenhouse emissions massively (600mil USD) every year. Try calculating the impact in Bangalore!
Let me share another statistics, where transportation policies like congestion pricing helped cities like London to reduce the number of cars volume by 33%, traffic volume dropped by 18%, bus patronage increased by 38%, & pollution levels dropped drastically. A similar exercise was implemented in Singapore, and today Singapore city has no large-scale congestion in the city, a huge reduction of peak traffic volumes, increase in usage of public transport.
Experts in the transportation domain say Road needs to be priced based on road space and usage and that should be part of an overall transportation strategy along with methods to provide transportation supply and restrain demand. In order to do so, city must connect transportation assets and devices, empower communities and incentivize citizens with quality alternatives, fair & convenient system.
Throughout history, transportation, mobility are the most important drivers for societal development. At Citility, we are set to create a new transportation economy on the backbone of Data(#SharedMobilityexperience program), enabling economies to boom by facilitating faster, more reliable trade, higher standards of living, and globalized business operations.