The moovel Group Gains 5 Million Users with its OS for Mobility Services
【Summary】The moovel Group, a Daimler subsidiary providing Mobility-as-a-Service (MaaS), has reached five million users. The platform is growing in popularity and gained over two million users in the past year alone, a 71 percent increase since first launching in 2015.
The moovel Group, a Daimler subsidiary providing Mobility-as-a-Service (MaaS), has reached five million users. The platform is growing in popularity and gained over two million users in the past year alone, a 71 percent increase since first launching in 2015.
"We are, of course, pleased that five million people are excited about our moovel products. As a Mobility-as-a-Service pioneer, we will continue to work to simplify mobility in cities and improve people's quality of life," says moovel Group CEO Daniela Gerd Tom Markotten, commenting on reaching the five-million mark.
Moovel is working on what is calls an ‘operating system' for urban mobility, that provides access to multiple mobility options, paving the way for the future with autonomous vehicles. moovel acts as a partner to cities, transit authorities, and customers to make mass transit systems and getting around more efficient.
The term Mobility-as-a-Service (MaaS) is relatively new. It refers to the bundling of various types of public transportation, such as buses, subway, car-sharing, bike-sharing, and taxis, to form a single transportation solution.
Ride-hailing companies such as Uber and Lyft, are both exploring ways to integrate more transportation options, such as bike and electric scooter rentals, directly from their customer app. The service from Moovel has the same goal, offering multiple ways to get around using just a single app.
How it Works
Customers book and pay for services using an integrated account accessed with a single app. The app combines public transportation options with the sharing economy to form a flexible service. moovel Group introduced its first MaaS platform with integrated booking and payment functions back in 2015.
The app allows users to book and pay for public transportation tickets, as well as other mobility options such as car sharing and rental bikes. Since 2015, users in Stuttgart, Germany have been able to book and pay for rides by bus and subway, car-sharing service car2go, mytaxi, and rail operator Deutsche Bahn directly via the moovel mobility app.
Moovel also offers cities and transit authorities a toolbox they can use to help integrate various mobility providers. For example, the MaaS platform can be used to optimize a city's traffic flow during peak times.
Besides Stuttgart, Moovel offers apps for other German cities including Hamburg, Karlsruhe and Aschaffenburg.
The moovel Group is represented in North America by moovel North America, based in Portland, Oregon. moovel North America is the leading provider of mobile-ticketing apps that enable customers to book and pay for tickets using their smartphone.
According to a study published by The Insight Partners in July 2018, the global MaaS market has strong growth prospects. According to the study, the market will see annual growth of 33.9 percent between 2018 and 2025. The research company anticipates a market volume of $358.35 billion in 2025.
App-based shared rides are a good starting point for structuring transportation efficiently and prompting more people to use public transportation – and thus an important element of a Mobility-as-a-Service platform.
An import component of moovel's technology is its on-demand algorithm, which intelligently combines trip requests to enable ride-sharing. To ensure that users can get from point A to point B as quickly as possible, the travel routes are continually calculated and updated taking into account the latest real-time traffic data and information from the public transportation network. In addition, the algorithm calculates anticipated demand, so that a fleet can be managed accordingly.
Renault Samsung Granted Permit to Test Autonomous Cars in South Korea
Toyota Group Members Teaming Up In Self-Driving Joint Venture
Largest U.S. Grocery Chain Begins Autonomous Delivery Service in Arizona
Elon Musk Confirms That Saudi Arabia Wealth Fund Offered to Take Tesla Private
Ford Assembly Workers Don Exoskeleton Suits to Lessen Fatigue & Prevent Injuries
EV Startup Faraday Future Joins MOBI Blockchain Consortium
German Luxury Brand Audi Will Build Cars at SAIC VW in China
Ford in Talks with Volkswagen on a Possible Truck Partnership
- Ford's Lincoln Star Concept Offers a Glimpse into the Electric Future of the Luxury Brand
- Tesla Rival XPeng Inc. to Start Deliveries of its New Flagship G9 Electric SUV in September, CEO Confirms After Sharing New Details
- Toyota to Collaborate with Redwood Materials to Build a Closed Loop, EV Battery Recycling Ecosystem in the U.S.
- The NIO ET7 Will Come Standard With an Advanced Dolby Atmos-Powered Sound System Co-Developed With Audio Pioneer Dirac
- BMW’s Latest Vehicle OS Features ‘Learning Navigation’ With Real-Time, Predictive Routing Capabilities From Mapping Company HERE Technologies
- Motional Kicks off its Robot Food Delivery Pilot With Uber Eats in Southern California
- Volkswagen Group of America President and CEO is Appointed to Lead the Automaker's New Electric Off-Road Truck Division ‘Scout’
- Volkswagen’s Software Unit CARIAD Selects Qualcomm’s Snapdragon Ride Platform to Enable Autonomous Driving Functions in Future Vehicles
- Ford Motor Co is Recalling 2.9 Million Vehicle That Could ‘Roll Away’ After the Transmission is Shifted Into Park
- Volvo’s Brand Polestar Confirms That the Polestar 6 Electric Roadster Will Enter Production and Launch in 2026