Opportunity
Ridesharing is Reducing the Need for Car Ownership
Ridesharing and electric mobility are making personal car ownership less necessary. Services combined with EV fleets are reducing insurance, maintenance costs, and carbon emissions. With autonomous electric vehicles on the horizon, urban transportation is set for a dramatic transformation.
50%
Of millennials & Gen Z prefer ridesharing over car ownership.
3X
Growth in shared mobility services since 2019.
-68%
Reduction in per-mile emissions with shared EVs.
Research shows that sustainable urban mobility is accelerating faster than projected, driven by cost savings, environmental awareness, and improved infrastructure for electric and shared transport options.
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