Electric VehicleSmart Mobility

The urban mobility landscape being reshaped, says report

Smart cities transportation electrification will be multimodal, with EVs complemented by electric 2-wheel vehicles, shuttles, boats, and future passenger carrying drones

ABI Research, a market-foresight advisory firm has published a report– Smart Cities and Transportation Electrification. The important points put forward by the report are as follows:

  • Consumer adoption of Electric Vehicles (EVs) continues to disappoint with only 2% of all vehicles shipping in 2018.
  • The widespread introduction of urban emission zones, initially aimed at banning older diesel vehicles, will culminate in zero emission zones and city centers restricted to EVs only.
  • Vehicle electrification adoption drivers will increasingly shift from consumer-ownership to shared urban mobility, initially ridesharing followed by driverless EV car sharing in the longer term.
  • This shift to electric mobility services has important consequences for both charging station and grid infrastructure requirements. The business imperative of continuous operation and availability from both a profitability and customer experience perspective will drive the need for a granular network of both DC fast charging and future wireless public charging stations.
  • With accelerating EV penetration, increasing stress on public grids will have to be mitigated by advanced demand-response and load balancing software solutions, EV charging management and Vehicle-to-Grid systems, widespread adoption of microgrids, and a more holistic, cross-vertical approach to energy management.
  • Suppliers active in this space include Hevo Power, eMotorWerks, Greenlots, Nuvve, Jedlix, MOEV, and FleetCarma, recently acquired by Geotab. Ultimately, the transportation electrification revolution will require a fundamental redesign of the grid itself, tailored to accommodate distributed and decentralized modes of renewable energy consumption and generation in urban contexts.
  • Finally, smart cities transportation electrification will be multimodal, with EVs complemented by electric 2-wheel vehicles (bikes, scooters, and motorbikes), shuttles, boats, and future passenger carrying drones. Clearly, the dominance of car-based mobility is not sustainable.
  • Uber’s recent investment in and partnership with Lime on electric scooter sharing and Lyft’s strategy to integrate bike and scooter sharing shows the urban mobility landscape is yet again being reshaped.
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