Electrification Strategies of Shared Mobility Operators

Electrification Strategies of Shared Mobility Operators

Transformational Growth Coupled with Favourable Government Regulations Leading to 10 Million Electric Shared Mobility Vehicles by 2030

RELEASE DATE
11-Oct-2022
REGION
Global
Deliverable Type
Market Research
Research Code: PD87-01-00-00-00
SKU: AU02412-GL-MT_26950
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Description

By 2030, the shared mobility market will have 10.5 million electric vehicles in its fleet dominated by electric bikes and then ride-hailing vehicles. Electrification was under the radar of all the mobility operators and cities, even before the pandemic. Cities should neither lose sight of the long-term goal which is to reduce GHG emissions nor break the EV momentum, as the industry has invested tens of billions in new EVs, underlying technologies, and the charging infrastructure. Favorable regulations, incentives, and tax rebates focused on shared mobility operators can provide the impetus to continue the electrification of mobility fleets. Electric vehicles are becoming more attractive, as they have increased electric range. All shared mobility segments, be it carsharing, DRT, ride-hailing, or bike sharing are increasing the proportion of electric vehicles in their fleets. Regulations are driving fleets to electrify. The charging infrastructure value chain must be robust and efficient to meet this demand. Multiple participants are involved in different parts of the value chain to cater to the charging requirements of the increasing number of electric vehicles in operation.

The penetration rates vary across regions and across business segments. For instance, in Europe the penetration level for carsharing is as low as less than 5% in countries like Turkey and can go as high as 60% in the Netherlands, Norway, and so on. This completely depends on how supportive the infrastructure and regulations are. A very good example is Madrid where there are reserved parking spots for carsharing. Further, electric vehicles are allowed to enter the restricted access zone for free and are granted free parking in many locations.

Similarly, if we look at bike sharing, operators are increasingly focusing on electrifying their fleet. Kick-scooter sharing providers which are foraying into bike sharing provide an all-electric fleet. Some of the major participants offering an all-electric fleet are Lime, Tier Mobility, and Dott.

Research Scope

This study covers the global electric shared mobility market, key electrification strategies, charging infrastructure and the key participants in each segment. The key kinds of electric shared mobility in the scope of the study are:

  • Carsharing (traditional and P2P)
  • Ride-hailing
  • Bikesharing
  • Demand Responsive Transit (DRT)

Research Highlights

  • Strategic imperatives and growth environment
  • Key industry drivers and challenges
  • Deep diving into the electrification strategies in each shared mobility segment (carsharing (P2P and traditional), ride-hailing, DRT, and bike sharing)
  • Successful case studies

Key Issues Addressed

  • Fleet size of electric vehicles in shared mobility segments
  • Charging scenarios by segments
  • Key strategies to encourage electric shared mobility by segments
  • Key schemes and regulations
  • Major electric shared mobility programs
  • Pricing
  • Market outlook

Author: Chanchal Jetha

Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Electric Shared Mobility Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Research Scope

Segmentation

Key Competitors by Segment

Key Competitors by Region

Powertrain Technology

Types of Charging Solutions

Charging Station Installation Costs

Country Electrification Targets (Carbon Neutral)

Shared Mobility Hubs

Technology Solutions for Shared Electric Fleets

Electric Chargers in Key Countries

Growth Metrics

Growth Drivers

Growth Restraints

Forecast Assumptions

Electric Fleet Size and Penetration Forecast

Electric Fleet Size Forecast by Region

Electric Fleet Size Forecast by Industry Segment

Fleet Size Forecast Analysis

Fleet Forecast Analysis by Segment and Region

Pricing Trends and Forecast Analysis

Competitive Environment

Key Takeaways

Car-sharing Business Models

Growth Metrics

Fleet-size Forecast

Fleet Size Forecast by Region

Penetration Forecast of xEV by Region

Charging Scenario: Station-based

Charging Scenario: Free Floating

Charging Scenario: P2P Car-Sharing

The Number of Chargers Necessary

Cost Breakdown Analysis for Car-Sharing and Charging Operators

Cost of Ownership and Usage

Strategies to Encourage Electric Car-Sharing

Car-sharing Schemes and Regulations

Car-sharing Programs: Free Floating and Station-based

Car-sharing Programs: Free Floating and Station-based (continued)

Car-sharing Program: P2P Sharing

Car-sharing Pricing Scheme

Case Study: BlueIndy—Why Did It Not Work?

Green Mobility: A Focus on All-electric Car-Sharing

Electric Car-sharing Outlook, 2022

Ride-hailing Business Models

Growth Metrics

Fleet Size Forecast

Fleet Size Forecast by Region

xEV Penetration Forecast by Region

Charging Scenarios

Ownership and Usage Costs

Strategies to Encourage Electric Ride-hailing

Ride-hailing Schemes and Regulations

Ride-hailing Programs

Ride-hailing Pricing

Operators’ Electrification Targets

Case Study: BluSmart—A Focus on All-electric Ride-hailing

Electric Ride-hailing Outlook, 2022

Segmentation and Definition

Growth Metrics

Fleet Size Forecast

Fleet Size Forecast by Region

xEV Penetration Forecast by Region

Charging Scenarios

Charging Scenario: Free Floating

Cost Breakdown Analysis for Bike Sharing and Charging Operators

Strategies to Encourage eBike Sharing

Bike-sharing Regulations

Bike-sharing Pricing

Bike-sharing Programs

Bike-sharing Programs (continued)

Case Study: Lime—A Focus on All-electric Bike Sharing

eBike Sharing Market Outlook, 2022

DRT: Market Overview

The Concept of DRT

Growth Metrics

Fleet Size Forecast

Fleet Size Forecast by Region

xEV Penetration Forecast by Region

Factors Promoting the Transition to a DRT Model

Charging Scenarios

Strategies to Encourage Electric DRT

Electric DRT Schemes and Regulations

Electric DRT Programs

DRT Pricing

Case Study: Moia— A Focus on an All-electric DRT

Electric DRT Outlook, 2022

Growth Opportunity 1: Regulations Promoting the Shift to Sustainable Mobility

Growth Opportunity 1: Regulations Promoting the Shift to Sustainable Mobility (continued)

Growth Opportunity 2: Expanding Revenue Opportunities for Value Chain Participant Growth

Growth Opportunity 2: Expanding Revenue Opportunities for Value Chain Participant Growth (continued)

Growth Opportunity 3: New Business Models, and New Technologies Underpinning Long-term Shared Mobility Growth

Growth Opportunity 3: New Business Models and Technologies Underpinning Long-term Shared Mobility Growth (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

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By 2030, the shared mobility market will have 10.5 million electric vehicles in its fleet dominated by electric bikes and then ride-hailing vehicles. Electrification was under the radar of all the mobility operators and cities, even before the pandemic. Cities should neither lose sight of the long-term goal which is to reduce GHG emissions nor break the EV momentum, as the industry has invested tens of billions in new EVs, underlying technologies, and the charging infrastructure. Favorable regulations, incentives, and tax rebates focused on shared mobility operators can provide the impetus to continue the electrification of mobility fleets. Electric vehicles are becoming more attractive, as they have increased electric range. All shared mobility segments, be it carsharing, DRT, ride-hailing, or bike sharing are increasing the proportion of electric vehicles in their fleets. Regulations are driving fleets to electrify. The charging infrastructure value chain must be robust and efficient to meet this demand. Multiple participants are involved in different parts of the value chain to cater to the charging requirements of the increasing number of electric vehicles in operation. The penetration rates vary across regions and across business segments. For instance, in Europe the penetration level for carsharing is as low as less than 5% in countries like Turkey and can go as high as 60% in the Netherlands, Norway, and so on. This completely depends on how supportive the infrastructure and regulations are. A very good example is Madrid where there are reserved parking spots for carsharing. Further, electric vehicles are allowed to enter the restricted access zone for free and are granted free parking in many locations. Similarly, if we look at bike sharing, operators are increasingly focusing on electrifying their fleet. Kick-scooter sharing providers which are foraying into bike sharing provide an all-electric fleet. Some of the major participants offering an all-electric fleet are Lime, Tier Mobility, and Dott.--BEGIN PROMO--

Research Scope

This study covers the global electric shared mobility market, key electrification strategies, charging infrastructure and the key participants in each segment. The key kinds of electric shared mobility in the scope of the study are:

  • Carsharing (traditional and P2P)
  • Ride-hailing
  • Bikesharing
  • Demand Responsive Transit (DRT)

Research Highlights

  • Strategic imperatives and growth environment
  • Key industry drivers and challenges
  • Deep diving into the electrification strategies in each shared mobility segment (carsharing (P2P and traditional), ride-hailing, DRT, and bike sharing)
  • Successful case studies

Key Issues Addressed

  • Fleet size of electric vehicles in shared mobility segments
  • Charging scenarios by segments
  • Key strategies to encourage electric shared mobility by segments
  • Key schemes and regulations
  • Major electric shared mobility programs
  • Pricing
  • Market outlook

Author: Chanchal Jetha

More Information
Deliverable Type Market Research
Author Chanchal Jetha
Industries Automotive
No Index No
Is Prebook No
Podcast No
WIP Number PD87-01-00-00-00