Making the shift

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report highlights the slow progress towards sustainable mobility despite technological advancements, with only a modest increase in the share of sustainable transport modes from 57% to 65% over 15 years, while 70% of citizens still rely on private cars for daily commutes [4][6][7] - A comprehensive approach involving funding, governance, and the implementation of high-impact solutions could potentially double the global share of sustainable mobility from approximately 30-60% of passenger kilometers within the next decade [10] - The report emphasizes the need for integrated policies that combine electrification with modal shift and transport demand reduction to effectively mitigate climate change [12][13] Summary by Sections Mobility Vision and Policy - Significant progress has been made in developing long-term mobility visions and policies, particularly in Europe, through sustainable urban mobility plans (SUMPs) [11] - Challenges remain in adopting integrated policies that effectively address climate change and achieve net-zero targets [12] Key Levers for Achieving Net Zero in Transport - The report identifies three key levers: transport demand reduction, modal shift to less energy-intensive mobility modes, and decarbonization through electrification [13][14] City of Proximity Concepts - The "city of proximity" concept aims to reshape urban spaces to promote sustainable mobility, with successful implementations observed in cities like Paris and Copenhagen [16][17] Mobility Supply - Authorities are encouraged to develop multimodal master plans and prioritize transport services based on performance and affordability [19] New Mobility - Micromobility services, such as e-scooters and e-bikes, show high demand and are often used in conjunction with public transport [21] - The report stresses the importance of fostering partnerships with new mobility service providers to enhance the overall mobility ecosystem [21] Smart Mobility - Technological innovation is crucial for creating a more virtuous mobility system, but it must be guided to address genuine needs [22] Mobility as a Service (MaaS) - The MaaS concept has not yet fulfilled its potential, with less than 5% adoption among the target audience, indicating a need for evolution beyond a technology-centric approach [24] Autonomous Mobility - The report discusses the slow progress of autonomous vehicle technology and emphasizes the need for integrated mobility systems rather than isolated vehicle solutions [25] Mobility Demand Management - Effective demand management strategies are essential, as only 30% of potential readiness to abandon personal cars is influenced by alternative mobility services [27][28] Rethinking the Mobility Funding Equation - Significant investment is required to expand mass transit and transition to net-zero, necessitating new funding sources and enhanced expenditure efficiency [29][30] Overall Conclusions - The report concludes that while the potential for transformation exists, significant challenges remain in implementation, requiring system-level coordination and collaboration among stakeholders [32][33][35]