The Future of Mobility: Key Developments and Predictions for 2021

The past year was a stress test for mobility companies, forcing all to prove how resilient their business was. Oil and gas companies failed their test as the drop in demand for transportation fuels severely destabilized the industry. Conversely, ride-hailing companies passed their test by quickly investing in new services in demand during a pandemic. If 2020 was a year of adaptation and survival, 2021 will be a year defined by a rebound in demand for mobility and an urgency to implement new solutions. Although the narrative has changed, Lux’s mobility program remains focused on four key themes defining the future of mobility, encompassing the business models and technologies re-shaping the way we move people and things, and in this report we focus on what trends and technologies to watch in 2021.