Report predicts big benefits from integrating mobility | Smart Highways Magazine: Industry News

Report predicts big benefits from integrating mobility

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A new report is suggesting that benefits amounting to US$600bn could be produced by integrating mobility in 50 cities around the world.

McKinsey analysis indicates that in the cities, which are home to 500 million people, integrated mobility systems could produce benefits including improved safety and reduced pollution.

But the research says that, because each city is unique, the transition to integrated mobility will also play out differently, and produce different results, from one city to the next. The pace and extent of change will depend on factors such as population density, household income, public investment, the state of roads and public transport infrastructure, pollution and congestion levels, and local government capabilities.

It adds that the private sector will exert important influences, too, as companies adjust to new consumer behaviours. Utilities, for example, will need to manage possible increases in electricity demand resulting from the wider use of electric vehicles. Vehicle manufacturers can expect the automotive revenue pool to grow and diversify as the mix of vehicles sold tilts toward electric and autonomous vehicles. The trend toward connected cars will affect technology companies and insurers, causing disruption and creating opportunities in areas such as data analytics.

“With all these forces at work, the transition to integrated mobility will be complicated, even challenging at times,” McKinsey says.  “Some cities can get an early start, while others will need to work on developing the right conditions. No matter how ready a city is to move toward advanced mobility models, municipal officials can already begin developing a vision for what integrated mobility ought to look like and how their cities might evolve accordingly. More important, they can consider how to manage the transition so that its benefits are maximized in line with local priorities for improving residents’ quality of life.

“To help city leaders structure their thinking, we have created scenarios for how mobility might change in three types of cities: dense cities in developed economies, dense cities in emerging economies, and sprawling metropolitan areas in developed economies. Each scenario accounts for present-day conditions and highlights both opportunities and challenges. In this article, we lay out these visions for the future of mobility, along with ideas about how municipal officials and other urban stakeholders can help their cities navigate toward positive outcomes.”

See more here.

 
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