Thursday 1st October 2020
Category

Blogs

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Global pandemic changing the trajectory of shared mobility market

One of the first industries to be hit hard by the global pandemic and subsequent lockdown was mobility, says Mark Thomas, VP of marketing at Ridecell. Public transportation traffic plummeted 70-90% according to analysts McKinsey, airlines lost billions, ride-hailing services lost up to 70% of their business, and many micro-mobility and carpooling services suspended operations.

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2020: The year that didn’t go as planned for transport

At the start of 2020 many decision makers in transport forecasted what was in store for changes to the way we move. Now that we’ve passed the halfway mark for the year, says Peter O’Driscoll, managing director of RingGo, it can certainly be said that things have not gone as anticipated and, as a result, some predictions have taken a far different course of action in comparison to what was initially expected.

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