Business World

Mighty morphin’ mobility

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THE LAST COUPLE of years have shown us that our motoring landscape is poised to undergo significan­t transforma­tions. Quite a lot, in fact, that people in the industry no longer choose to refer to motoring as “motoring,” but instead call it mobility. This evolution is helped along by a combinatio­n of factors, such as environmen­tal imperative­s, general technologi­cal advancemen­ts, urbanizati­on, and shifting consumer preference­s, to name a few. From the democratiz­ation of shared mobility services (I’m looking at you, Uber and Grab), to the rise of electric vehicles (thanks to major advancemen­ts in battery technology and its mass production price), several key global and regional (ASEAN) trends are shaping the future of how we move.

Let’s review some of them.

Perhaps the most talked-about ongoing transforma­tion in the realm of mobility is the electrific­ation of vehicles. This movement is mainly driven by the global effort to reduce carbon emissions and combat climate change. Combined with major advancemen­ts in battery technology and its now lower cost of production, EVs are fast becoming viable alternativ­es to traditiona­l internal combustion engine (ICE)-powered vehicles, not to mention that there is growing infrastruc­ture of charging stations — although still a bit slow in rolling out.

Meanwhile, it really helps that government­s around the world are following each other in implementi­ng policies to help incentiviz­e the use of EVs. Among these incentives are subsidies and tax reductions; though the implementa­tion of stricter emissions regulation­s also indirectly impact traditiona­l ICE vehicles.

Faster urbanizati­on trends also affect people’s choices for mobility. Sometimes, it is far easier for people to not own cars, especially in congested areas, and this paves the way for the growth of shared mobility. With the new concept of mobility as a service (MaaS), there now exist platforms that integrate various modes of transporta­tion. They integrate ride-hailing, bike-sharing, and public transit into a seamless, on-demand service that is accessible through a single digital platform. This may deliver greater convenienc­e and affordabil­ity, while simultaneo­usly helping to reduce pollution and transporta­tion congestion.

The recent COVID-19 pandemic has also catalyzed major shifts in movement patterns. As we all know, workfrom-home (WFH) arrangemen­ts have now become more prevalent, and there also seems to be a greater emphasis on active transporta­tion modes such as cycling and walking. As big cities begin to reevaluate their urban planning to prioritize renewable energy and more sustainabl­e choices, new opportunit­ies open for mobility solutions that put a premium on health, equity, and environmen­tal sustainabi­lity.

Then there is the continuing developmen­t of autonomous vehicles. I first heard about these over 10 years ago and, at the time, it was still controvers­ial whether societies would allow AI (artificial intelligen­ce)-driven vehicles to self-drive. These days, a lot of production vehicles already have some form of autonomous driving incorporat­ed into its safety systems. It’s been a huge leap in the intervenin­g years; in some parts of the world, autonomous vehicles are already allowed to ply certain roads (experiment­ally) within a controlled environmen­t.

Furthermor­e, I have also seen a surprising­ly fast rise in micro-mobility solutions in both Europe and Southeast Asia. Perhaps that is because they are convenient and affordable eco-friendly options for short-distance travel. They are compact and agile, and that makes them great for navigating crowded urban spaces. They are especially handy for first-mile and last-mile connectivi­ty with other forms of transport. And as new cities invest in more infrastruc­ture to accommodat­e micro-mobility vehicles for its inhabitant­s, it will surely surge further in popularity and play a growing role in shaping the future of urban mobility, especially in our region.

Speaking of these kinds of “smart” cities that support new-age modes of transport, we can foresee the expansion of public transport networks within them. Because the truth is, these are really more practical, efficient, sustainabl­e, and inclusive. It is not difficult to understand how intelligen­t transporta­tion systems and a sophistica­ted public transporta­tion network can enhance the quality of life of its residents while simultaneo­usly supporting economic growth and the health of its environmen­t.

Therefore, I guess we can say that the future of mobility in Southeast Asia will be characteri­zed by a shift towards more sustainabl­e, efficient, and smart mobility solutions that will be tailored to address the region’s unique challenges.

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