The transportation and mobility sectors are at the forefront of innovation and change. New mobility companies are not just shifting gears; they’re reinventing the wheel, so to speak. As they transform the way we move, travel, and even conduct business, these companies are becoming crucial partners for any organization keen on staying ahead of the curve.
We’ll explore how new mobility companies are changing the industry landscape, and more importantly, how you can get on board. You’ll find actionable insights into:
- How Emerging Mobility Companies are Transforming the Industry
- 10 Growing Mobility Companies
- Combining Evaluation Metrics and Enriched Company Profiles for Streamlined Decision-Making in the Mobility Sector
Key Takeaways
- Mobility Trends to Watch: Shared Mobility, Air Mobility, Sustainable and Green Mobility, Micro and Electric Mobility, Connectivity, and Autonomous Vehicles are setting the pace for industry growth and are contributing most to the industry’s average annual growth rate of 7.55%.
- Identifying Potential Partners: With 457K organizations and a 44.4M-strong workforce, it’s crucial to rely on specialized tools like the Discovery Platform to identify suitable companies for partnerships or investments.
- Mobility Companies to know:
How New Mobility Companies are Transforming the Industry
The mobility landscape is far from static. According to the Discovery Platform, the industry is experiencing robust growth with 457K organizations and a massive workforce of 44.4 million people involved. Over the last five years, it has seen an average annual growth rate of 7.55%.
But where is this growth coming from? The answer lies in the innovative work done by new mobility companies. Let’s examine the top trends they are spearheading:
Shared Mobility
The concept of shared transportation, such as carpooling and ride-sharing services, has expanded exponentially, offering unprecedented convenience and efficiency.
Air Mobility
Breaking free from ground constraints, air mobility promises quicker travel times and the opening of previously inaccessible markets.
Sustainable and Green Mobility
Both sustainable and green mobility focus on reducing environmental impact. While sustainability aims for a broader eco-friendly approach, green mobility specifically targets lower emissions and renewable energy use.
Micro and Electric Mobility
Micro-mobility offers small-scale, often electric, transport options like e-scooters while electric mobility focuses on fully electrifying the vehicle landscape, from cars to buses.
Connectivity
The Internet of Things (IoT), AI, and data analytics are knitting a connected web in the transportation ecosystem, making real-time adaptations and predictions possible.
Autonomous Vehicles
Self-driving technologies continue to advance, gradually transforming our expectations of what transportation can be.
With the market pulsating with activity, the opportunities for strategic partnerships and collaborations are vast. Businesses that align with these top trends are not merely adapting; they’re leading.
Discover 10 Growing Mobility Companies
In a sector as dynamic as mobility, pinpointing the right companies for strategic alliances or investments can be challenging. To provide you with a focused snapshot of who’s who in this evolving landscape, we’ve utilized the Discovery Platform. This innovation intelligence platform offers an extensive database that covers over 3.7 million emerging companies and 20000 tech trends globally.
Below, we present 10 new mobility companies that are worth your attention.
1. DriveU.auto
- Founding Year: 2019
- Employee Range: 11-50
- Location: Israel
- Signal Strength: Very strong
- What they do: DriveU.auto provides teleoperation connectivity platforms for autonomous vehicles and robot fleets. Its products like the DriveU 100 and 300 Series ensure reliable, low-latency transmission of high-quality video and data for remote supervision and operation. They address the limits of cellular networks through technologies like cellular bonding and dynamic video encoding. The platforms also offer open software architectures and proven teleoperation capabilities for commercial use on public roads. Notably, DriveU.auto is trusted by companies using its connectivity solution for delivery robots, lawnmowers, logistics, and other applications requiring remote operation with optimized size, weight, and power needs.
2. Fluctuo
- Founding Year: 2019
- Employee Range: 11-50
- Location: France
- Signal Strength: Very strong
- What they do: Fluctuo provides mobility data and analytics tools to empower cities and operators to make better decisions. The company’s flagship product, City Dive, allows users to analyze shared mobility trends in over 200 cities worldwide. Another product, Delta, identifies hotspots for services like bikes, scooters, and cars. Fluctuo also has a tool called Bridge that provides real-time vehicle information to over 700 cities. They accelerate the adoption of shared mobility and drive carbon neutrality. Fluctuo gains access to operator data to provide accurate figures to stakeholders, benefiting operators. Electric scooter company Dott partners with Fluctuo to leverage insights for optimizing operations and understanding travel patterns.
3. ASCENT
- Founding Year: 2018
- Employee Range: 2-10
- Location: Singapore
- Signal Strength: Very strong
- What they do: ASCENT is an air mobility company that offers on-demand air taxi services across several countries in Southeast Asia and the Middle East. Its flights are booked individually or on scheduled routes using a proprietary online platform. In addition to planes, the company utilizes helicopters to provide carbon-neutral transportation options. Sustainability is a priority as they offset all carbon emissions and promote ride-sharing and fuel-efficient aircraft. Customers are able to search routes, select flights, and book directly on ASCENT’s website. Over the years, ASCENT has expanded to 5 countries with a diverse fleet of 68 aircraft serving over 150 destinations. They aim to catalyze the entry of all-electric aircraft to further reduce environmental impact.
4. STILRIDE
- Founding Year: 2020
- Employee Range: 11-50
- Location: Sweden
- Signal Strength: Very strong
- What they do: Stilride is a Swedish company that has developed an origami-inspired electric motorcycle – STILRIDE 1. The bike leverages a proprietary folding technique called STILFOLD to construct the chassis out of steel in a sustainable way. It has a top speed of 100 km/h and a range of around 120 km on its 5.1 kWh battery. The braking system was co-developed with brake experts and features a cleanly integrated master cylinder. The STILRIDE 1 has received several design awards for its innovative use of materials. It is set to begin shipping to customers in Spring 2024 with an estimated price of €15,000.
5. ZF Micomobility
- Founding Year: 2018
- Employee Range: 11-50
- Location: Germany
- Signal Strength: Very strong
- What they do: ZF Micromobility’s Sachs RS motor delivers high performance over a long range, even at low cadences between 40-60 rpm. It provides 112 Newton meters of torque, setting new standards for e-bike motors. This extra torque benefits riders in stop-and-go city traffic or on cargo bikes. The motor thus supports riders on steep climbs or daily commutes with loads. It has four power modes for flexibility and smart software for controlled delivery of power. Sachs RS is available as both a pedelec and s-pedelec version. It boosts performance for expert trail riders and allows professional riders to achieve significantly higher uphill speeds over longer intervals.
6. motics
- Founding Year: 2020
- Employee Range: 2-10
- Location: Switzerland
- Signal Strength: Strong
- What they do: Motics has developed ePowerOne, a modular electric vehicle (EV) platform. Its modular design allows for quick integration of new components. This enables novel components and technologies to be easily incorporated without significantly modifying vehicle interfaces. All vehicles using this platform benefit from a reliable supply chain and fast system integration. The platform features a manufacturer-independent and interconnectable modular design developed using proprietary hardware and software. This allows for customization and use in a wide range of applications beyond EVs. The software component management enables the connection of different components with various protocols and communications. An interesting aspect is the ability to monitor all system parameters through IoT/cloud connectivity and update software remotely.
7. dRISK
- Founding Year: 2019
- Employee Range: 1-10
- Location: UK
- Signal Strength: Very strong
- What they do: dRISK is an autonomous vehicle company that provides smoother and safer AV solutions for the vehicle industry. The company is focused on reducing transportation risk and creating safe and effective autonomous technologies with their customers.
8. Vahanomy
- Founding Year: 2019
- Employee Range: 2-10
- Location: UK
- Signal Strength: Very strong
- What they do: Developed by Vahanomy, CHRGR.io is a marketplace that aims to help the UK meet its goal of installing 480,000 public electric vehicle charging points by 2030. It matches parking space owners and commercial property owners with EV charging point operators and infrastructure investors. This accelerates the rollout of charging infrastructure for electric vehicles. The platform also allows the listing of potential and existing charging sites as well as the trading of charging sites and excess capacity. Further, it provides supply and demand insights for stakeholders in the EV charging ecosystem such as operators, investors, and providers. CHRGR.io also connects various parking site owners with other operators. This marketplace could significantly increase the UK’s EV charging capabilities over the next decade.
9. Jaunt Air Mobility
- Founding Year: 2019
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very strong
- What they do: Jaunt Air Mobility is developing an innovative compound aircraft, Jaunt Journey. It uses slowed rotor technology for vertical takeoff and landing (VTOL) as well as efficient fixed-wing flight. This patented technology allows the rotor tip speed to match the aircraft speed in a cruise for reduced drag. The aircraft meets commercial aviation safety standards and can perform an autorotated landing if power is lost. It has flexible mission capabilities for medical transport, law enforcement, cargo delivery, and more. The company is working with BAE Systems on electrification, including a battery that provides over 100 times more power than an electric car battery. Its goal is to certify this electric aircraft for safe urban air mobility operations.
10. Repli5
- Founding Year: 2018
- Employee Range: 11-50
- Location: Sweden
- Signal Strength: Very strong
- What they do: Repli5’s WorldGenerator is a proprietary platform that allows users to create customized 3D simulation environments for autonomous vehicles. These virtual worlds are tailored with realistic elements like road signs and potholes. Synthetic datasets created in these simulated environments are used to train perception models for tasks like object detection. As synthetic data can be annotated perfectly, it provides a cost-effective alternative to real-world data (RWD) collection and labeling. The simulated environments are useful for both generating synthetic data and validating autonomous systems. Companies use these tools to build custom 3D simulations of urban areas for applications such as dataset generation and testing of autonomous vehicle technologies. These virtual worlds offer the benefit of pixel-perfect annotation without the expense of manual labeling of real-world data.
Combining Evaluation Metrics and Enriched Company Profiles for Streamlined Decision-Making in the Mobility Sector
The mobility sector is more than just a field of rapid innovation; it’s a dynamic ecosystem offering a myriad of opportunities for strategic collaborations and investments.
Making the right strategic decision — whether to build, buy, or partner — is crucial when working with new mobility companies. Below are some key evaluation metrics that can guide your decision-making.
Technology Compatibility
- API Infrastructure: Evaluate if the company has scalable APIs that can integrate with your existing systems.
- Data Handling: How does the company handle real-time traffic data, geo-location, and user behavior? This is crucial for predictive analysis in mobility services.
Culture Fit
- Innovation Quotient: A culture of innovation is crucial. Does the company embrace rapid prototyping, and are they open to pivoting based on data and feedback?
- Sustainability Focus: Given the emphasis on green and sustainable mobility, it’s beneficial if the company’s values align with eco-conscious goals. Bonus: For electric and green mobility options, make sure they meet or exceed current emission standards.
Scalability
- Vehicle Compatibility: Can their technology be easily adapted across various types of vehicles (e.g., cars, e-scooters, drones)?
- Geographic Expansion: Assess whether the company has the operational capabilities to scale not just locally but also internationally.
Financial Metrics
- Cost of Integration: Calculate not just the upfront cost but also the long-term ROI of integrating their technology or services.
- Revenue Sharing Models: If partnering, how favorable are the revenue-sharing terms, and how do they align with your business goals?
However, making these critical decisions often demands a comprehensive understanding of potential partners or investments. That’s where enriched company profiles come into play. The Discovery Platform offers enriched profiles of 3.7+ million emerging companies globally. Each profile offers a wealth of information, including:
- Name
- Description
- Founding year
- Signal Strength
- Location
- Industry
- Stage
- Revenue
- Total funding
- Employee number
- Contact info
- News coverage
- Similar companies
Next Steps
For anyone involved in innovation management or product development, the mobility industry provides an expansive field for strategic initiatives. Navigating the landscape of new mobility companies requires a multi-faceted approach, one that combines a keen understanding of prevailing trends, a strategic methodology for identification, and precise metrics for evaluation.
For a more comprehensive understanding of the mobility landscape consider getting in touch with us or download our exhaustive Mobility Trend Report.
