Perspectives
The Future of Shared Travel in China
Deloitte Perspective
2018 (Volume VII)
Faced with this new wave of urbanization, the Chinese government is more willing to seek a compromise as neither a spending binge on local public transit nor a massive cut on car usage proves to be feasible solutions. In the post-private car era, car ownership, shared mobility, and public transport will coexist for a long time.
This is what the future may hold: city dwellers can plan and organize their trips using through a mobile application. Which mode of transport they choose is no longer an issue: the key is how to get from point A to point B in the most cost-efficient way and spare people from the hassles of congestion, parking and so on.
In order to evolve towards that future, we desperately need a fundamental change in urban mobility system. We have to reallocate road space in order to better balance the various travel needs and to make the environment pedestrian and bicycle-friendly. In such spaces, driving will be less stressful, air is cleaner and there will be fewer accidents and less noise.
In this report we will examine the impact of emerging mobility platforms, especially the mobility revolution led by ride-sharing firms, on China's urban transport as a whole. We will further explore what forces will lead the development of China's mobility ecosystem, and in what direction.
Marco Hecker
Deloitte China Partner | Automotive Sector Leader
Quan Zhou
Deloitte Monitor Mobility Practice Associate Director
Zoe Wu
Deloitte Research Automotive Sector Researcher