Mobility 2030 - KPMG South Africa
close
Share with your friends

Mobility 2030

Mobility 2030

The future mobility ecosystem will be completely disrupted by technological innovation.

Why South Africa can't afford to take a back seat

These days, innovation and technology are at the forefront of almost every conversation, and industry is no exception. With South Africa emerging from the 2018 technical recession, a weaker than predicted economic outlook and facing a revenue gap of R243 billion, the question is whether Mobility 2030 can help ease this financial burden?

We live in a world where technology is constantly evolving, and where companies strive to be the next “best innovator”. The way in which we travel is no exception to this, and it is now widely accepted that by 2030, mobility will be dramatically different to what it is today. With the introduction of Electric Vehicles (EVs) and Autonomous Vehicles (AVs), the future of mobility means our day-to-day journeys will become cleaner, safer, cheaper and more productive.

Sectors are being disrupted, with new markets emerging, while others are converging or declining. This means swiftly adapting business and operating models, and securing the right partnerships and acquisition targets. Hence, Mobility 2030, simply defined, is about understanding how people and goods will move in the future, and is an initiative which focuses on achieving collaboration and enhanced growth across all users of, and contributors to, the mobility sector.

From a policy perspective, we should create the conditions in which the next Elon Musk chooses to stay in South Africa, rather than move abroad to fulfil his or her scientific and innovation endeavours. We need innovators to seek solutions to EV issues – such as the reduction of build costs, extending the drive range and decreasing charging time. In addition, EVs requires a modification to the country’s infrastructure, and we need innovative forward-thinkers to help build what is necessary for effective use of EVs and AVs.

Download the full article below.

Connect with us