Micromobility is thriving in the new safety economy

  • Date: 04/06/2021

Thanks to the coronavirus pandemic, the world is shifting from a sharing economy to a safety economy. As consumers emerge from their homes, they seem to be opting for the solitary and hygiene of their own cars, bicycles and walking. Even as economies reopen, given the new priorities, mass transit and other modes of urban transportation can look forward to tough times.

But it’s not all bad news. One mode hat will not have to wait for herd immunity is micromobility, a term used to refer to bicycle- or scooter-sharing enterprises. These services are already seeing riders return — for some cities, in increasing numbers. The reason? Bicycles and scooters are used outdoors, allow for social distancing and can be wiped down before use.

According to a recent eight-nation survey Oliver Wyman conducted with some 6,000 respondents, 44 percent of riders said they would be willing to increase their dependence on the service in the future and 34 percent said they planned to use it as much as before the pandemic. Only 22 percent said they would decrease their use. Additionally, over a third of non-users said they were equally or more willing to try the service.

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Have more mobility news that we should be reading and sharing? Let us know! Reach out to Sage Kashner (kashner@ctaa.org).

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