Automotive major Ford Wednesday announced that it would pilot a share-car project here to create a model for easy vehicle sharing among small communities such as office workers, apartment dwellers and families.
"We will test the sharing concept in Bengaluru that would allow small groups, such as co-workers, apartment dwellers and families to share a vehicle among multiple drivers," the company said in a statement on its smart mobility plan and 25 global experiments, it flagged at the ongoing 2015 Consumer Electronics Show in Las Vegas in the US.
The share-car approach will help consumers who can't afford a car but want benefits of owning one.
"Our researchers plan to develop a model for vehicle scheduling and managing ownership," Ford chief executive Mark Fields said.
Noting that the experiments were designed to change the way the world moves, Fields said the auto major would test new ideas and address growing transportation challenges.
"We are driving innovation in every part of our business to be a product as well as a mobility company and, ultimately, to change the way the world moves just as our founder Henry Ford did 111 years ago," Fields said.
Of the 25 experiments, eight will be conducted in North America, nine in Europe and Africa, seven in Asia and one in South America, as they are designed to anticipate what customers will want and need in tomorrow's transportation ecosystem.
"We see a world where vehicles talk to one another, drivers and vehicles communicate with the city infrastructure to relieve congestion, and people share vehicles or multiple forms of transportation for their daily commute," Fields said.
The experiments will address four global megatrends - explosive population growth, an expanding middle class, air quality and public health concerns and changing customer attitudes and priorities, which challenging today's transportation model and limiting personal mobility, especially in urban areas.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
