Below is a short video that was created by the MIT Senseable City Lab, World Economic Forum and TomTom for a study on how people move in 100 cities around the world. They call it the Global Mobility Index.
It shows congestion levels (using real-time traffic data from TomTom), commute times, and an estimate for the percentage of trips that could be shared if people were willing to wait up to 5 minutes.
In the case of Toronto, they estimate that 99% of trips could be shared and that it would increase average speeds by ~7.9 km/h and reduce overall traffic levels by ~44.09%.
Their solution to solving traffic congestion is a cocktail that involves car-sharing, bike-sharing, and public transit. It’s about developing a “mobility portfolio.” Seems sensible.
I found myself wanting more information and data after watching the video. Still, it was interesting to see what the authors describe as the “pulse of our cities.”
If you can’t see it below, click here.
[youtube https://www.youtube.com/watch?v=ciJEHGMtpWc?rel=0&w=560&h=315]
This is impressive: Shenzhen recently finished converting its entire bus fleet to electric vehicles. That’s 16,359 buses and around 8,000 charging stations according to Electrek.
It is estimated that this all-electric fleet saves 345,000 tons of fuel per year and reduces carbon emissions by 1.35 million tons.
Shenzhen is now working on doing the same to its 12,518 taxis. Already 62.5% of them are electric-powered and the goal is 100% by 2020.
But let’s not forget that China still generates most of its electricity from coal. Coal represented 72% of its electricity generation in 2015. And in 2014, carbon emissions from China allegedly made up almost 30% of the world .
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Below is a presentation by Frank Chen – head of research, deal, and investing at the venture firm Andreessen Horowitz – which makes the case for self-driving electric car fleets.
He starts the presentation by talking about why he thinks this shift is going to happen faster than most people think.
One reason for this is that the batteries are becoming dramatically cheaper and the battery makes up a large part of the cost. By 2025, it is expected that electric vehicles will become cost neutral with ICE (internal combustion engine) vehicles assuming zero government subsidies.
And by 2038, Bloomberg believes we will hit peak ICE vehicle sales. That is, electric vehicle and ICE vehicle sales globally will hit 50/50. Norway has already hit this threshold but they impose heavy financial penalties on ICE vehicles.
2025 is not that far away.
If you can’t see the presentation below, click here.
[youtube https://www.youtube.com/watch?v=of5j-Lztqrg?rel=0&w=560&h=315]