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Through B2B and B2C models, companies can develop digital platform that offer services to connect different modes of transportation and operators for both passengers and freight logistics (e.g. ride sharing services, mobility as a service, logistics management platform, etc.), and generate revenue from the service fees.
This IOA will help provide additional income for drivers, increase convenience and efficiency for passengers, help reduce inequality in terms of access to public transportation, and help the planet by reducing greenhouse gas emissions and air pollution in the transportation sector. Investors can invest money in companies that develop the smart mobility platform. Some companies that are active in this space are:
Muvmi is a ride sharing platform that deploys electric 3-wheeled vehicles focusing on connecting passengers within small areas to mass transit. Muvmi addresses the pain point for many people living in small streets and alleys that do not have direct access to public transportation or mass transit. The application was originated from PMCU’s Chula Smart City project in 2018. The service was expanded to six areas around Bangkok, more than 1000 stops and over 1 million passengers in 2021 (1).
We Move is a logistics management platform , officially started in 2020 that connects freelance truck drivers with users that need logistic services. We Move addresses the pain point of having empty loads during the return trip of many truck drivers by providing full-truck loads and space-sharing truck loads. In 2021, We Move has a service system on application and website (10).
Smart mobility platforms allow for passengers and products to be efficiently transported resulting in cost savings, economic growth, and less greenhouse gases, air pollution, and traffic congestion.