Part 10/12:
Data indicates that Singapore’s car sharing penetration ranges from 7% to 8%, the highest globally at a national level. Analysts see potential for growth if challenges—like first and last-mile connectivity, vehicle availability, pricing transparency, and insurance clarity—are addressed.
Pratik Bansil, a transport expert, envisions future improvements in infrastructure, such as strategically placed stations and integrated logistics, which could make car sharing even more viable. With the rise of ride-hailing services and evolving mobility trends, car sharing’s role as a flexible, cost-effective solution seems promising, especially if users can mitigate inconveniences.