Our mobility predictions for 2021

The mobility space is very broad, encompasses many verticals and subsectors, and is closely intertwined with many other facets of our daily lives. Having said that, we present below our top predictions for the year ahead aligned with the 3 pillars that we used to build our investment thesis:

Changing mobility:

– Cities will re-evaluate their urban space repurposing spaces, reducing speed limits, and prohibiting access to cars to city centers

– Neighborhoods’ commercial nodes will be re-envisioned into “15-minute city”

– OEMs will continue their battle with tech companies and other newcomers to own more of the customer journey

– EV adoption will continue as battery costs reach cost parity to ICE vehicles, with fleets taking the main stage in 2021

– Autonomous commercial vehicles and delivery technologies will continue to grow as an emerging staple for the transport of goods

– AI in digital solutions around depot management and energy management will showcase a strong growth rate

– Collaboration among MaaS players to bring a localized and holistic solution to employees and city dwellers helped by the digitalization of public transport

– In medium densely-populated cities MaaS will become the extension of the Public Transport to improve the mobility of the residents and thus the first business model deployed will be B2G2C (Business to Government to Citizens)

– AI will improve voice assistance to make interactions more natural and conversational – the voice interference in the vehicles will get good enough that it will replace our dependency on smartphones. Seamlessness of the voice assistant experience will be even more important – to assist with this, interoperability between voice assistants will be critical, allowing people to get help from their preferred general voice assistant to interact with specialist voice assistants.

Evolving consumer behaviors:

– The high degree of urbanization and the subscription economy will continue to push the decrease in private car ownership

– Shared micro-mobility will take over a bigger part of all urban trips

– Online commerce, as well as remote work, are here to stay, disrupting commuting practices and reshaping the curb space in high-street retail while causing a major shift in retail floor spaces and local commerce.

Increased environmental awareness:

– Sustainability will be top of mind for consumers and regulators will continue to play an important role in helping the mobility sector recover from the pandemic and enacting new guidelines pushing for safer and environmentally friendly solutions (with varying degrees regionally)

– With the drop in commuter congestion, decrease in usage of public transportation, and the democratization of access to mobility, air pollution will improve.

#futureinmotion #reshapingmobility #proezaventures

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