Sustainable innovation in automotive industry
New concepts in personal transport built on digital technologies could reduce the amount of cars needed on urban roads globally by up to 20 million vehicles per year in 2025, offering huge sustainability benefits and an improved experience for travellers. These are some of the key findings of new research published by BT and Frost & Sullivan.
The research, “Environmentally Sustainable Innovation in Automotive Manufacturing and Urban Mobility”, suggests that consumer trends towards ‘on demand’ access rather than product ownership is prompting car manufacturers to consider ride-on-demand business models. When combined with the integration of smart vehicles and smart roads and cities, all connected, these business models will lead to fewer and more efficient journeys, reducing journeys in private cars overall by 360 billion kilometres per year within the next decade.
These developments stand to reduce carbon dioxide (CO2) emissions by 56 megatonnes per year in 2025. That is an amount equivalent to more than half the yearly emissions from transport in the UK. A further reduction of 121 megatonnes of CO2 equivalent emissions could be achieved by automotive companies due to the reduction of the global car output by 20 million vehicles per year.
Download the full report and find out more about how ICT solutions are changing the way vehicles and city transport networks are used.