{"id":8085,"date":"2018-03-22T13:45:18","date_gmt":"2018-03-22T12:45:18","guid":{"rendered":"https:\/\/www.intellias.com\/?p=8085"},"modified":"2023-08-21T08:08:22","modified_gmt":"2023-08-21T06:08:22","slug":"car-sharing-autonomous-driving","status":"publish","type":"blog","link":"https:\/\/intellias.com\/car-sharing-autonomous-driving\/","title":{"rendered":"Car Sharing and Autonomous Driving"},"content":{"rendered":"

Let\u2019s be honest:\u00a0the rapid development of self-driving technology will sooner or later eliminate traditional patterns of car ownership. People will no longer need their own cars\u00a0to make trips feasible, safe, and comfortable. The growing car sharing autonomous driving<\/a> segment\u00a0will result in substantial economic benefits\u00a0for the\u00a0average\u00a0person. But\u00a0riders\u00a0aren\u2019t\u00a0the\u00a0only\u00a0ones who\u00a0may prosper from the\u00a0car rental sharing\u00a0economy.<\/p>\n

The ride-sharing industry opens a wide range of opportunities for businesses that are able to cope with the rapid pace of automotive technological development. Car sharing has already proclaimed itself a profitable and high-potential field. Self-driving reinforces the popularity of car sharing, and advanced car-as-a-service solutions are in demand among manufacturers, retailers, and other businesses. If you want to find your place in the growing ride-sharing market, you need to be re-orienting your business in the car-as-a-service direction.<\/p>\n

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Self-driving reinforces\u00a0the\u00a0popularity\u00a0of car sharing,\u00a0and advanced car-as-a-service solutions are\u00a0in\u00a0demand among\u00a0manufacturers, retailers, and other businesses.<\/p>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t <\/span>\n\t\t\t\t<\/small>\n\t\t\t<\/blockquote>\n\t\t<\/section>\n

Recent studies show that the number of users registered with car\u00a0sharing providers\u00a0in Europe, North America, and\u00a0the\u00a0Asia-Pacific\u00a0region\u00a0will reach\u00a0<\/strong>35 million\u00a0by 2021. What if you could offer these people\u00a0a\u00a0car sharing business solution\u00a0that met their most sophisticated expectations\u00a0and desires?\u00a0\u00a0<\/span><\/p>\n

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The number of users registered with a car sharing provider in Europe, North America, and the Asia-Pacific region will reach 35 million by 2021.<\/p>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t <\/span>\n\t\t\t\t<\/small>\n\t\t\t<\/blockquote>\n\t\t<\/section>\n

We know where autonomous driving is heading and what business models are the most promising to benefit from\u00a0the\u00a0autonomous revolution and car sharing\u00a0in particular.\u00a0<\/span><\/p>\n

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CONNECTED DRIVING WHITEPAPER<\/div>\n\t\t\t\t\t
How Tier 1s can thrive during technology disruption<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t Download now <\/span>\n\t\t\t<\/div>\n\t\t<\/a><\/div>\n

Car sharing is gaining tremendous momentum<\/h2>\n

The extensive development of the car rental share economy is a global trend. Still, three markets appear most promising for car-sharing companies: the European, North American, and Asia-Pacific.<\/p>\n

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By 2021, the urban population of Europe is expected to be around 81 million; 14 million will be registered with a car-sharing service, with about 1.4 million being active users who make multiple trips per month. <\/p>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t <\/span>\n\t\t\t\t<\/small>\n\t\t\t<\/blockquote>\n\t\t<\/section>\n

Urban population correlated to licensed drivers determines car-sharing services popularity<\/strong><\/p>\n

\"Car<\/p>\n

In North America, by 2021 there\u2019s predicted to be 6 million people registered with car sharing services, with around 600,000 making multiple trips per month. In Asia-Pacific countries, the number of registered users is expected to reach 15 million by that time, 1.5 million of whom will use car-sharing services regularly.<\/p>\n

How\u00a0<\/span>does\u00a0<\/span>autonomous driving impact car sharing services?<\/span>\u00a0
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Make no mistake<\/span>:<\/span>\u00a0the rapid increase\u00a0<\/span>in the\u00a0<\/span>ride-sharing market\u00a0<\/span>is a decisive trend underlying the development of car technolog<\/span>ies<\/span>\u00a0and related businesses. Recent polls demonstrate that the number of people willing to share a ride in both fully and partially autonomous cars continues to increase globally.\u00a0\u00a0\u00a0<\/span><\/p>\n

Customers who are open to trying a self-driving car<\/span>\u00a0<\/strong><\/p>\n

\"Car<\/p>\n

But<\/span>\u00a0car sharing and ride sharing are not the same.\u00a0<\/span>They<\/span>\u00a0differ primarily\u00a0<\/span>in terms of<\/span>\u00a0costs and revenues. In Berlin, a 7.5<\/span>–<\/span>kilometer trip\u00a0<\/span>i<\/span>n a\u00a0<\/span>shared car<\/span>\u00a0cost<\/span>s<\/span><\/a>\u00a0about \u20ac4.95 while the same distance driven with Uber or Lyft count<\/span>s<\/span>\u00a0for about \u20ac19. Imagine\u00a0<\/span>what would happen if<\/span>\u00a0<\/span>ride-sharing Ube<\/span>r or another taxi service join<\/span>ed<\/span>\u00a0with<\/span>\u00a0a<\/span>\u00a0<\/span>car sharing autonomous driving<\/span>\u00a0provider. That\u2019s right, the<\/span>\u00a0resulting<\/span>\u00a0cheap and\u00a0<\/span>accessible<\/span>\u00a0service\u00a0<\/span>would\u00a0<\/span>meet the highest expectations of users<\/span>,<\/span>\u00a0leaving rivals far behind.<\/span><\/p>\n

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In Berlin, a 7.5-kilometer trip\u00a0in a\u00a0shared car\u00a0costs\u00a0about \u20ac4.95 while the same distance driven with Uber or Lyft counts\u00a0for about \u20ac19.<\/p>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t <\/span>\n\t\t\t\t<\/small>\n\t\t\t<\/blockquote>\n\t\t<\/section>\n

In February 2017, Uber\u00a0introduced\u00a0the\u00a0Volvo XC90 SUV<\/a>\u00a0<\/span>introduced<\/span>\u00a0<\/span>the\u00a0<\/span>Volvo XC90 SUV as\u00a0<\/span>its<\/span>\u00a0first self-driving car available for the ride-sharing platform<\/span>\u2019s<\/span>\u00a0users. The majority of autonomous Uber vehicles\u00a0<\/span>have been<\/span>\u00a0accompanied by the company<\/span>\u2019<\/span>s engineers as safety drivers<\/span>\u00a0since then<\/span>. Yet even such measures are<\/span>n\u2019t<\/span>\u00a0always enough to make autonomous driving genuinely safe.<\/span><\/p>\n

The recent\u00a0accident\u00a0involving a self-driving Uber car<\/a><\/span>\u00a0that<\/span>\u00a0resulted in\u00a0<\/span>the death of a pedestrian is more than enough to understand that self-driving technology still requires substantial technical improvements. Yet unabated interest\u00a0<\/span>in<\/span>\u00a0<\/span>car sharing services<\/span>\u00a0<\/span>and\u00a0<\/span>autonomous vehicles proves that\u00a0<\/span>car sharing self<\/span>–<\/span>driving cars<\/span>\u00a0will soon become an integral part of the urban landscape.\u00a0<\/span><\/p>\n

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Check out our blog article on how manufacturers and software developers are resolving the issues challenging self-driving technology<\/p>\n

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<\/div>\n <\/div>\n <\/div>\n Read more<\/span>\n\t\t <\/a><\/div>\n

The partnership of manufacturers and developers brings benefits<\/span><\/span>
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G<\/span><\/span>lobal car rental market\u00a0<\/span><\/span>revenue is<\/span><\/span>\u00a0expected to reach almost $125 billion by 2022. As\u00a0<\/span><\/span>car\u00a0<\/span><\/span>sharing services\u00a0<\/span><\/span>continue to develop extensively, manufacturers need to decide whether they should partner\u00a0<\/span><\/span>with<\/span><\/span>\u00a0existing<\/span><\/span>\u00a0ride-sharing services\u00a0<\/span><\/span>or\u00a0<\/span><\/span>build<\/span><\/span>\u00a0their own\u00a0<\/span><\/span>car-sharing app<\/span><\/span>s<\/span><\/span>.\u00a0<\/span><\/span>
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Global car rental market, 2016-2022 (USD Billion)<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n

\"Car<\/p>\n

For sure, developing\u00a0<\/span><\/span>your\u00a0<\/span><\/span>own\u00a0<\/span><\/span>corporate car sharing software<\/span><\/span>\u00a0will mean that\u00a0<\/span><\/span>you\u2019ll\u00a0<\/span><\/span>be able to\u00a0<\/span><\/span>remain self-sufficient<\/span><\/span>,<\/span><\/span>\u00a0making\u00a0<\/span><\/span>your own\u00a0<\/span><\/span>business decisions and act<\/span><\/span>ing<\/span><\/span>\u00a0independently in the\u00a0<\/span><\/span>rid<\/span><\/span>e<\/span><\/span>sharing market<\/span><\/span>. Yet only big players like\u00a0<\/span><\/span>GM<\/span><\/span>\u00a0can launch their own\u00a0<\/span><\/span><\/a>car sharing app\u00a0<\/span><\/span>and\u00a0<\/span><\/span>possess\u00a0<\/span><\/span>enough capacity to\u00a0<\/span><\/span>build<\/span><\/span>\u00a0a self-sufficient\u00a0<\/span><\/span>car sharing business model.\u00a0<\/span><\/span>\u00a0<\/span><\/span><\/p>\n

It would be\u00a0<\/span><\/span>un<\/span><\/span>wise<\/span><\/span>\u00a0to disregard the option of partner<\/span><\/span>ing<\/span><\/span>\u00a0with existing\u00a0<\/span><\/span>car-sharing companies<\/span><\/span>. The rapidly developing\u00a0<\/span><\/span>ride-sharing<\/span><\/span>\u00a0industry<\/span><\/span>\u00a0can surely offer<\/span><\/span>\u00a0some<\/span><\/span>\u00a0<\/span><\/span>car-sharing business solution<\/span><\/span>\u00a0that will fit your business model. The number of players sharing the market\u00a0<\/span><\/span>underscores\u00a0<\/span><\/span>the relevance of partnership<\/span><\/span>s<\/span><\/span>.<\/span><\/span>\u00a0<\/span><\/span><\/p>\n

Besides Uber and Lyft<\/span><\/span>,<\/span><\/span>\u00a0<\/span><\/span>which<\/span><\/span>\u00a0ha<\/span><\/span>s<\/span><\/span>\u00a0<\/span><\/span>each\u00a0<\/span><\/span>presented\u00a0<\/span><\/span>its<\/span><\/span>\u00a0own\u00a0<\/span><\/span>car sharing business model<\/span><\/span>, there<\/span><\/span>\u2019s a<\/span><\/span>\u00a0plethora of smaller companies and services working with their own\u00a0<\/span><\/span>open-source\u00a0<\/span><\/span>car sharing software<\/span><\/span>. These business models include both business-to-consumer as well as\u00a0<\/span><\/span>peer-to<\/span><\/span>-peer car sharing<\/span><\/span>\u00a0solutions.\u00a0<\/span><\/span><\/p>\n

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\n\t\t\t\tContact us and take a step ahead of your rivals toward innovative, secure, and feasible car sharing solutions. \n\t\t\t<\/div>\n Get in touch<\/a>\n\t\t<\/div>\n

It\u2019s time to invest in car sharing<\/span><\/span>\u00a0<\/span><\/h2>\n

The main\u00a0<\/span><\/span>A<\/span><\/span>\u00a0to\u00a0<\/span><\/span>B<\/span><\/span>\u00a0car sharing\u00a0<\/span><\/span>companies in Europe include<\/span><\/span>:<\/span><\/span><\/p>\n