The survey  asked users of ride-sharing (brands like Uber and Lyft) in the 10 markets  (named above) about their intended usage in the next 12 months vs. their past usage, and 24% said their usage would be or more than in the past, vs. just 5% who said less – an 18-percentage-point difference.

Meanwhile, just 17% of car-sharing users surveyed in those markets said they’d employ car-sharing more in the coming 12 months than in the past – vs. 16% who said they’d use that mobility service less in the year ahead. 

Moreover, among respondents in the 10 markets, the survey found that ride-sharing was five times more likely to be a top-three transportation mode than was car-sharing (11.6% vs. 2.5%), and three times more likely than traditional taxis (11.6% vs. 4.2%).  In addition, among millennials surveyed in the key markets, 9% said ride-sharing has allowed them to postpone or avoid getting a driver’s license – another indicator of today’s fast-changing times.

Another key finding of the survey is that in the 10 key markets each vehicle used in car-sharing is likely replacing the need for 19 personal vehicles -- a decrease from 32 vehicles based on the results from AlixPartners’ 2013 survey. Meanwhile, according to the same analysis, one vehicle used ride-sharing is likely displacing four personal vehicles.  The report goes on to note that both ride- and car-sharing vehicles are typically replacing vehicles driven less than 5,000 miles per year, not typical commuting vehicles.

Electric Vehicles

China is investing heavily to take a leadership role in electric vehicles.  In an example of that, the report notes that Chinese automakers commanded 96% of the 2016 market in China for full electric vehicles (not including hybrids), more than double their share (43%) for all types of light vehicles.  It also finds that of the 103 EVs to be launched globally by 2020, 49 of them will come from China-based automakers The report additionally predicts that China is targeting to have two-thirds of the world’s manufacturing capacity for lithium-ion batteries by 2021 (175 GWh of power, or the equivalent of five Tesla “giga-factories”).

Meanwhile, the report notes that hybrid sales in the U.S. have slowed, from 3.2% of the market in 2013 to just 2.1% so far in 2017, while plug-in and battery-electrics sales, while increasing, still represent only 1.0% of the market.  This, says the study, underscores the need for maximum flexibility in both organizations and partnerships to handle the expected, but bumpy, shift to the new automotive ecosystem that’s coming