Abstract
Significance The inefficiency and poor quality of the public transit network has allowed start-ups in this area to grow. Millions of dollars’ worth of investments have recently been secured by companies operating in the rapidly expanding sector, which target middle-income segments of society looking for better quality affordable transportation. Impacts Less traffic congestion will increase productivity and reduce pollution. Ride-sharing will reduce government spending on energy subsidies. Convenient ride options will increase the demand for real estate in satellite cities currently underserved by the public transit system.
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