The Future Role of the Car and the Rise of New Mobility Business Models

LONDON, March 26, 2013 /PRNewswire/ -- The world is currently witnessing a paradigm shift in mobility. Car companies are increasingly labelling themselves as mobility service providers, getting into new business models such as car sharing and providing on-demand solutions. Fleet companies are launching more corporate mobility services. Rail operators pioneer to set up first examples of mobility integrators, by providing integrated solutions offering flexible door-to-door travel with a single card.

At the same time, technological advancements lead to increasingly smart, integrated, intelligent transport networks, aimed at reducing emissions, accidents, and congestion in particular, while the automotive industry witnesses considerable growth regarding the connectivity of cars as well as omnichannel and digital marketing tools to sell cars online. 

On 19^th and 20^th June 2013, Frost & Sullivan will be holding its annual two day interactive workshop, 'Urban Mobility 3.0' again, this year focusing on 'New Urban Mobility Business Models'. The event is designed to have a close look at all those factors which impact the future of mobility and will take place at the Houses of Parliament as well as the Siemens Crystal Building in London.

"The continuing ubanisation of our world is responsible for a population density which needs new and above all viable mobility solutions as well as increased economic power," outlines Frost & Sullivan Partner and Global Practice Director Automotive & Transportation, Mr. Sarwant Singh. "Take London for example, which accounts for over 20 per cent of the UK's GDP despite housing only 12 per cent of the population. This has resulted in an increased use of public transport, now accounting for over 43 per cent of trips compared to 34 per cent by private transport."

At the same time significant social changes seem to be taking place, as younger drivers in particular shun car ownership in favour of car usage and mobility on demand. Driving license applications amongst 17-29 year olds declined over the last decade in France, Germany and the UK, and indeed total car sales in Europe have declined overall for the last six years. Whilst much of this can be attributed to the ongoing economic situation, there is an increasing disparity between supply and demand and clearly the way in which we consider transportation is evolving.

The Frost & Sullivan two day workshop will debate, discuss and provide recommendations on new urban mobility models and how this trend can provide opportunities for government, public sector and corporations to align their future mobility vision, products, and services toward customers' unmet needs. The workshop will also debate and discuss the role of public transport, specifically bus and rail, and low-emission vehicles providing sustainable transport of the future, and look to more "wild innovation" future mobility solutions, such as micro mobility, personal rapid transit (PRT), autonomous driving, and the resulting commercialisation opportunities.

Day one will take place at the House of Lords in the Houses of Parliament and facilitate a panel of parliamentarians and senior industry executives discussing the topic "Death of the car and rise of new mobility business models in the Urban Environment."

Day two will be held at the Siemens Crystal Building, featuring keynote speeches and panel discussions with experts from the automotive and transportation industry, covering the following topics:

Integrated Mobility Solutions

• Car Sharing
• New Mobility Business Models
• Micro Mobility Solutions
• Autonomous Cars
• Future of Car Retailing
• Urban Logistics and Supply Chain Trends
• Sustainable Public Transport
• V2V and V2I Trends, Mobility Apps and Transport Infrastructure

If you are interested in more information on Frost & Sullivan's event 'Urban Mobility 3.0: New Urban Mobility Business Models', please e-mail Katja Feick, Corporate Communications, at [email protected].

A limited number of complimentary passes are available to members of the media. Please also visit the event website for more background information: www.urbanmobility.gilcommunity.com

Official Sponsors of 'Urban Mobility 3.0' are Carbon Connect, Karsan, and Siemens.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

• The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

Contact:
Katja Feick
Corporate Communications – Europe
P: +49 (0) 69 7703343
E: [email protected]
http://www.frost.com
www.twitter.com/FS_Automotive

SOURCE Frost & Sullivan