Autonomous ride-sharing services could account for a third of all trips by private drivers in London by 2025, according to a consortium investigating ways to integrate new technology into the city’s public transport network.
Figures extrapolated from studies carried out in Los Angeles and Boston, together with the London Travel Demand Survey predict that 34% of private drivers’ journeys could be replaced, while up to 30% of taxi and private hire journeys could also be served by Autonomous Vehicle (AV) ride-sharing.
The MERGE Greenwich consortium says that, overall, an AV ride-sharing service could serve up to one in seven of all trips within London within eight years, equivalent to 2.5m trips per day, and take up to 25 per cent of the total transport market by value – worth around £3.5bn at today’s rates.
“The idea that one-in-three London car journeys could be replaced by autonomous vehicles by 2025 shows the huge potential in the sector,” said Andy Boland, Addison Lee’s CEO.
The MERGE Greenwich consortium is led by Addison Lee Group and involves mobility experts Ford, TRL, Transport Systems Catapult, DG Cities and Immense Simulations.
Paul McCabe, Addison Lee Group’s Director of Mobility, said: “With some of the brightest British automotive and ground transport brains involved, the MERGE Greenwich partnership will pave the way for autonomous vehicles on the streets of London at scale, to provide significantly improved transport.
“This will put London at the forefront of mobility development, globally.”
The work was done by the MERGE Greenwich consortium, a group of six partners undertaking a year-long project to study how autonomous vehicle ride-sharing can work and connect with London’s transport network, is backed by funding from Innovate UK – an agency sponsored by the Department for Business, Energy and Industrial Strategy.
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