Transportation is going to change enormously during the 2020s. The electrification of vehicles large and small is opening up all kinds of possibilities. Electric vehicles (EVs) lend themselves very well to being connected vehicles and, by combining transport with apps, data and smart systems, we are provoking a total rethink of how we travel.
The traditional transport system of trains, planes and automobiles is being upended by big data. Transport will soon be far more than the simple A to B and is already encompassing elements of the sharing economy, autonomous systems and cross-sector collaborations.
India [is purchasing] about 11,000 new electric rickshaws every month—not because of government mandates or even sustainability goals but because they’re cheaper than conventional rickshaws, which enables operators and drivers to make more money.