Abstract:

Ride hailing, Bikesharing, Electric vehicles, Self-driving cars, Micro-transit shuttles, E-scooters, Truck platooning, Drone delivery- These developments and more are fueling some of the most disruptive changes in transportation since the invention of the automobile. The result could be a new mobility ecosystem that enables people and goods to move faster, cheaper, cleaner, and safer than today, benefiting individual travelers, governments, businesses, and society at large.

The new mobility ecosystem has the potential to transform daily life for millions of people and countless businesses. And every player shares responsibility for making that transformation beneficial rather than detrimental. But policymakers and regulators have a particularly critical role in furthering communication and coordination, setting standards, and ensuring new transportation modes don’t worsen congestion or leave low-income people stranded. Regulators and other public authorities are particularly well-positioned to act as catalysts and conveners to shape the emerging mobility ecosystem.