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The global power semiconductor market is forecast to record rapid growth with the increasing demand for EVs. Favorable government policies and subsidies and OEM commitment to net-zero emissions and sustainability targets contribute to the growing EV penetration. In 2021, global EV sales, including battery electric vehicles (BEVs) and plug-in hyb...

Purpose-built vehicles (PBVs) represent the new breed of customized vehicle development. Unlike custom-built vehicle manufacturing processes, in which few alterations are made to existing vehicle models, PBVs are customized from the design phase to suit the application in which the vehicle will be deployed in the future. The PBV market is fragm...

16 Apr 2021  |  Global  |  Market Research

Innovative Business Models and Disruptive Technologies Powering the Global Shared and Autonomous Mobility Industry, Outlook 2021

Micromobility Sharing and Last-mile Delivery Driving Growth Opportunities

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Growing population and congestion in cities worldwide remain key drivers for the emergence of shared mobility market segments. The segments include carsharing, peer-to-peer carsharing, eHailing, ridesharing (carpooling), demand-responsive transit, and micromobility services, such as bikesharing. Greater focus on commuting flexibility through real-t...

A mobility operating system essentially empowers a city government to utilize distributed city data, converging it to enable effective communications and developing innovative solutions for city management. The key components of a mobility operating system are strong communications and network as a nervous system, an open Big Data platform and stor...