Urban Mobility

The attached study and piece by McKinsey is precisely why we support SPLT. The future of cities and the population at large will be based largely on the ability to move (via roads, fiber optic cable, rail, etc) – people, ideas, goods and services, healthcare, etc. Mobility is wide-ranging, though this article focused mostly on urban transport. The upshot of the use of new technology and mobility solutions is greater physical health for the populace at large by a reduction in accidents, better environmental health via efficient use of scarce resources, and financial well-being by a reduction of time lost in traffic (cost of almost 1% of global GDP). In low density, high-income areas that don’t have mass transit, the opportunities are also great and as yet not as realized as dense urban cores. For these areas that may not have MRT, ride sharing, SPLT’s core competency, will reduce traffic and environmental degradation, and allow the elderly, the young, and the sick to access transportation in a more efficient manner.These changes stand to benefit the billions of people living in and near cities, and will benefit global and local GDPs and may be an important step toward reducing CO2 as electric vehicles and ride sharing, become standard.