The factors that influence in establishing a carpooling business!
Carpooling in an urban area is challenging to establish and manage as it is seen that the world's population is increasing in the city-based locations. According to the United Nations, more than two-thirds of the population will be living in urban areas by 2050.
Currently, more than 60% of travel is made in an urban environment only and is expected to triple the amount in the next two decades. The main expectation of carpooling is that it will solve the ‘last mile’ problem (the total distance between an initial location and destination).
Carpooling will give various transportation options to the public by filling the gaps present in the travel journey. This also shows that opportunities are high for carpooling services and platforms to form partnerships with local governments.
Governments are coming up with solutions by adding lanes that can be used by high-occupancy vehicles. They are building roads and spending billions on public transportation, but the traffic congestion cannot be controlled as costs of commuting continues to grow.
There is a lot of reasons for owning a carpooling company. Extensive research, time, money and developing BlaBlaCar clone like app are required to startup the carpooling business. But, in the end, it would be definitely profitable in establishing the business.
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