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Decoding the Future Dynamics of Urban Mobility

Pramod Kumar

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Transportation is experiencing the most transformative revolution since the introduction of the vehicle. Anxieties over climate change and even-handedness are meeting with technical advances. Though these changes, like shared mobility, mechanization, and electrification, are quickly changing the mobility landscape, forecasts about the future of transport are complex, nuanced, and extensively debated.

Shared mobility, the shared usage of a vehicle, bike, or scooter is a state-of-the-art transport strategy enabling users to have temporary access to a transportation mode on an as-needed basis. Also, the junction of on-demand, electric, shared, and automatic technology can make autos more lucrative, well-organized, and suitable, particularly when shared. Shared mobility can reduce costs of mobility and congestion by heartening less private vehicle dependence and usage and more multi-modal transportation like bike sharing and scooter sharing. In this blog, there is some present, evolving, and likely trends that could influence urban mobility in the future in Latin America.

Now, Latin America is facing the liberal desertion of older areas in which numerous inhabitants are moving into cities. This is subsequent to rapid and somewhat unsystematic urbanization, leaving the lower-income groups in out-of-the-way areas with limited or no services. As in further regions across the globe, past land usage and transport policies have fostered a sprawl. Latin American nations are trying to inverse this trend.

There are numerous trends important to consider in exploring urban mobility in the future. These comprise demographics, economics, and equity, and a budding middle class with purchasing power and often wishes to own a car.

Demographics of the Region

Latin American countries have a mixed demographic picture. There is a comparatively young population, averagely, in the Caribbean and Central America. Conversely, there is a progressively aging populace in South America. How will the requirement for mobility services vary amongst these various populations? What are the prospects and obstacles?

Economic and Equity

Nearly 25% of Latin Americans living in cities are still in slums, and numerous people live at a distance pretty far from their workplaces. For example, in Mexico, the average occupant spends around 50 minutes for commuting to work, some equal to 3 hours. How can these trends of commuting be addressed in the near future? What role shared mobility might and active transportation modes play in plummeting congestion and taming the requirement for private vehicles?

Emerging Middle Class and Increasing Purchasing Power

Over the past decade, the middle class has approximately doubled in Latin American nations, reaching about 33%of the population. Numerous families dream of possessing a private vehicle, and some nations are promoting vehicle purchases. What can be role of shared and electric mobility play in taming the requirement for private vehicle possession and usage in the years to come?

The demand for mobility as a service in Latin America is on the rise because of the increasing investments by the players to set up the infra of shared and electric mobility in the region.

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