Demand for shared mobility and on-demand transportation services from providers such as Uber, Lyft and Didi (in China) is driving interest and growth in this trend.
Globally, shared mobility remains a key trend in the automotive industry.
The growing use of vehicles and the rise of ridesharing are driving demand for more services and personalized options. Customers now seek adaptable car interiors and a better mobility experience.
Moreover, the rise of shared mobility services is creating a new customer segment. These users require innovative vehicle technologies and designs. Flexible, durable, and connected seating solutions are essential to meet the needs of diverse passengers.
Additionally, the business relies on attracting and engaging key stakeholders. These include drivers, consumers, merchants, shippers, and couriers. Contractors and consultants who support global operations are equally important.
Uber
First and foremost, shared mobility service offerings compete with personal vehicle ownership and use, which account for the majority of passenger miles traveled, and with traditional transportation services, including cab companies and on-demand cab services, car rental services and other car services.
In addition, public transportation can be a superior substitute for mobility supply and, in many cases, offers a faster and lower cost travel option in many cities.
Uber competes with other ridesharing companies, including some of its minority-owned subsidiaries, for drivers and users, such as Lyft, Ola, Didi, Bolt and its joint venture Yandex.
Uber stands out as one of the largest open work platforms globally. It offers accessible and flexible work opportunities in about 70 countries.
Drivers play a central role in the markets created through Uber’s apps. According to the company, many individuals choose its platform to earn income. Unlike traditional jobs, they do not need to apply or commit to fixed working hours.
Uber views this flexibility as an advantage over conventional employment. The company believes this model should remain an option for anyone preferring platform-based work. To support this, Uber closely tracks driver attraction, retention, and satisfaction rates on both regional and global levels.