Global Shared Mobility Market Projected to Reach USD 238.03 billion by 2026

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Aug 05, 2020 (CDN Newswire via Comtex) —
Findings from Facts and Factors report “Shared Mobility Market by Service (Ride Hailing, Bike Sharing, Ride Sharing, Car Sharing, and Others), By Vehicle (Cars, Two-Wheelers, and Others), and By Business Model (P2P, B2B, and B2C) – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020-2026” states that, the global shared mobility market in 2019 was approximately USD 99.08 billion. The market is expected to grow at a CAGR of 15.42% and is anticipated to reach around USD 238.03 billion by 2026.

Shared mobility is the advanced and innovative transportation service that enables the user to borrow or use the vehicles for short term access. The shared transportation is significantly influenced by the advancements in social networking, internet, location-based services, and mobile technologies. There are various types of shared mobility that

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Electric bike sales are surging ahead of traditional bicycles

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a person riding on the back of a bicycle


© Provided by Quartz


The US is entering the era of the electric bicycle. The favored conveyance of New York City delivery workers, the e-bike has now gone mainstream: Sales in America have outpaced conventional bikes for three years running.

While conventional bike sales declined slightly in 2018 and 2019, e-bikes soared more than 50%, according to data from market research firm NPD. And they’ve gone into overdrive during the coronavirus pandemic. E-bike sales have more than doubled since January, outpacing even huge sales growth in conventional bicycles.

 

The US is following the global trajectory. Consulting firm Deloitte is predicting (pdf) a “surge” of 130 million e-bike sales in the next three years. By 2023, it expects 300 million e-bikes to be on the streets, compared to less than 10 million electric vehicles (including cars and trucks).

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That would make e-bikes the best selling electric conveyances in

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Janette Sadik-Khan: Why The Pandemic Represents A Historic Opportunity For NYC Streets

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During her time as New York City’s transformative transportation commissioner from 2007 to 2013, Janette Sadik-Khan once referred to herself as “basically the largest real-estate developer in New York City.” The remark, while maybe somewhat tongue-in-cheek, reflected the sweeping scope and power in which she approached her job. Rather than simply manage the city’s automobile-focused streets, Sadik-Khan sought to change that biased transportation premise, by adding 400 miles of bike lanes and turning notoriously congested intersections like Times Square into pedestrian plazas. Her policies rankled businesses and car-owning New Yorkers used to casually driving into Manhattan and finding a pre-dinner parking spot. But for a generation of cyclists and urbanists, she became a vanguard whose ideas, once seen as radical, have now become de rigeur in urban planning circles.

Today, Sadik-Khan works as a transportation consultant for Bloomberg Associates, where she advises cities across the world. Not surprisingly, during the

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Taking the New York City streets back before the cars return

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She’s the patron saint of pedestrians in New York City. Bike riders too. And she’s seeing an opportunity like she’s never seen before.

“A once-in-a-generation chance to reimagine our streets and what’s actually possible,” Janette Sadik-Khan said.

As city transportation commissioner for six years under Mayor Mike Bloomberg, Sadik-Khan rerouted more traffic, cleared more bike paths, laid more bus lanes and reorganized more public plazas than anyone in the history of American urban life. She created what became Citi Bike and fundamentally shifted the human and vehicular flow through Times Square and Herald Square. There will be a New York City when this pandemic is finally over. What? You thought a global health crisis would stop her from insisting on more?

“When we used to take a parking spot or two,” she recalled, “it was like we were taking someone’s firstborn child. Now, almost overnight, there are 9,100 outdoor-dining permits

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