According to Mr. Toh, the vehicle sharing industry has a lot of room for expansion. Now, eight blocks of flats are served by an average of two to three car-sharing vehicles.
The requirement, however, is significantly higher. & nbsp,
According to him,” We looked at the business and the flexibility needs of the country- we need at least 10, 000 to 20, 000 car sharing vehicles in Singapore, which will convert to just five to ten cars for discussing per HDB carpark.”
Technology must play a significant role in the option for car revealing to grow, according to Mr. Toh.
We are attempting to make discussing as good as owning, as durable as formulaic, and much more affordable ,” he said,” through the use of technology.”
” Car sharing must be sufficient so that when we do require a more secure, time-saving mode of transportation, we can do that simply for that we no longer need to own cars.”
He predicts that technological advancements will generate car sharing more accessible, affordable, and reliable within the next ten years, relieving the suffering of families who occasionally need a car but are unable to buy one.
” I believe we ( car sharing services ) can get pretty close to what people expect out of owning a car if you give us five to ten years.” Although it will never be exactly the same, he said,” I think we can get much closer.”