Industries

Transportation as a Service - Industry

Acronym
TaaS

Transportation as a Service refers to prevalent deviation from personal vehicles and towards service-based transportation. Also called Mobility as a Service, it relates to the buying of miles, trips, and experiences without the hassle or cost of owning a personal vehicle. TaaS is expected to significantly reduce transportation costs, increase mobility and access to jobs, education, and healthcare, and contribute to a cleaner, safer, and more walkable communities.

  • TaaS has numerous benefits, from economic to social, environmental, and geopolitical.
  • It is estimated that families will see transportation savings of around $5,600 annually by embracing TaaS. Savings include vehicle registration and maintenance, as well as fuel and parking costs.