Micromobility Will Change Your Commute | DataDrivenInvestor
Back to the Office? Not In a Car.
This is the first part of a three-part analysis on micromobility. The first part aims to explain why micromobility is so appealing as an alternative to public transportation. The second part of the analysis will focus on how COVID has affected the industry. Lastly, the third and final part of the analysis will focus on the future of the industry.
City residents have by now undoubtedly observed the explosion of e-bikes, e-scooters and electric mopeds that have taken over bike lanes. In New York City alone, I’ve seen everything from generic electric Citibikes to custom-made, light-up and music-blasting electric mopeds ride down the bike lane outside my apartment.
As cities become more congested, the pre-existing, car-focused infrastructure has struggled to keep up. A Texas A&M Transportation Institute study found that commuters wasted an average of 54hrs in traffic every year (pre-pandemic). In New York/Newark, that number nearly doubles to 92hrs/year.
Yet, a study by the Office of Energy Efficiency & Renewable Energy found that nearly 60% of all vehicle trips were less than six miles.