Understanding The Impact Of COVID-19 On Urban Mobility Trends
The COVID-19 pandemic is having profound economic, social and political impacts across the globe. Its effects are spreading throughout the entire transport sector, and urban mobility is no exception. Read this report by the World Government Summit.
This report has been published by the World Government Summit and is available here.
Public transport agencies, operators and other companies working in the mobility space are having to contend with the fact that commuting and travel patterns may not recover to their pre-COVID-19 levels for several years. In addition, new mobility patterns will emerge, based on changing consumer behaviors (i.e. trust issues, greener mindset), economic constraints (i.e. less disposable income) and new policy priorities (i.e. sustainable policies, budget deficits, health policies, etc). Therefore, the organizational strategies of these agencies and companies will need to be realigned to the new realities, long term investment programs may need to be re-prioritized, and pricing schemes, tariff mechanisms and subsidies will have to be revisited.
As such, this white paper aims to assess the short to medium term implications of COVID-19 on urban mobility trends across these 5 mega-trends:
- Micro & Mini Mobility
- Autonomous, Connected, Electric and Shared Vehicles (ACES)
- Low-touch Economy
- Virtual Presence
- Sustainable Living
Download the report here.