However, for cities to unlock the many social, economic and environmental benefits associated with shared micromobility, they must engage and collaborate with operators, users, and key system stakeholders (such as transit authorities, business improvement associations, and economic development agencies) to understand the intricacies of their local market. Every city has a unique set of constraints and capabilities that will enable or inhibit its ability to integrate shared micromobility into its transportation ecosystem.
By taking the time to work with operators, city governments will be able to develop fit-for-purpose service models and regulatory frameworks that consider the unique infrastructure limitations, economic growth targets and environmental impacts a shared e-scooter or e-bike program will have on their city.
Accompanying these challenges are several opportunities that have the potential to accelerate the integration of shared micromobility into global transportation networks. The advancement of technologies such as geolocation, the internet of things (IoT), swappable batteries and lidar have played a significant role in enhancing the performance of shared e-scooters and e-bikes, improving their ability to service a wider range of trips. With these trends in mind, EY analyst research suggests the global shared micromobility market is still expected to reach:
- An e-scooter market size of $1.07b in 2022 and $2.53b in 2027.4
- A bike-sharing market size of $3.46b in 2022 and $4.49b in 2027.5
- Roughly 149 shared micromobility operators around the world.6
These insights indicate that the global shared micromobility market is promising, offering a multitude of benefits related to more efficient transportation, economic growth and environmental sustainability for cities across the globe. However, unlike other global markets, Canada possesses several unique barriers to entry and adoption that could stifle widespread integration of shared e-scooters and e-bikes into its transportation ecosystem.
In this report, EY will assess the current state of shared micromobility across Canada, identify and rank specific barriers present in the market and introduce the critical impacts and future implications shared micromobility could have on the country.
For shared micromobility to become a key component of Canada’s transportation ecosystem, operators and city governments will have to work collaboratively to execute the following next steps:
- Design a fit-for-purpose regulatory framework that meets the unique needs of each city.
- Invest in the necessary infrastructure upgrades to support shared micromobility.
- Develop incentives that enable operators to service a greater proportion of a city’s population.
- Assess the effectiveness and perception of shared micromobility in a city via pilot studies.
