Considering the Future for Transportation Industries

Considering the Future for Transportation Industries

Transportation undergirds virtually every business on the market. Vehicles drive products to stores to keep them in stock. During the COVID lockdowns, many new delivery businesses became successful.

However, transportation has also seen some setbacks in the last year. Increasing gas prices have made transportation more expensive for businesses and individuals alike. 

These recent events leave many people wondering about the future of transportation. Fortunately, the future seems pretty bright. 

We’ll examine some of the expectations for transportation in the near future in the guide below. Read on to discover what new trends to expect!

Driverless Vehicles in the Future for Transportation

Manufacturers have talked about self driving vehicles in the past. Indeed, some businesses already use self driving cars now.

However, these vehicles remain a minority. Most people have never seen a driverless vehicle drive down their street. 

Soon, experts expect this to change. The current consensus believes that fleet vehicles, such as trucks, taxis, and buses may transition to driverless models by the end of the decade. 

The capabilities of these vehicles will vary. Some might have a SEA level 3, while other more autonomous automobiles might have SEA levels 4 or 5. Either way, you can expect significant changes in how companies deliver in the next five to ten years. 

A New Fuel Economy with Electric Cars

As mentioned before, gas prices have seen significant increases in the US. This problem has highlighted the need for a new fuel economy that relies less on gasoline and oil. 

Fortunately, experts predict that this new fuel economy isn’t too far on the horizon. These experts believe that electric cars could solve this problem in the near future. 

Of course, electric cars currently exist. However, electric (and hybrid) cars are still greatly outnumbered by gasoline-fueled vehicles. 

Some countries are already deep in the transition from gas to electricity. For example, Norway’s 2021 vehicle registration showed that 70% of their vehicles were electric models. 

The situation in the US is a little different. Currently, the US aims to have 50% electric vehicles by the end of 2030. 

Urban Transportation in the Next Decade

Other technological trends suggest improvements for urban transportation. One of these advances includes floating trains.

For decades, companies have known about magnetic levitation technology. However, it currently has a handful of commercial uses. 

Many countries hope to change this. They hope that cities will adopt magnetic levitation trains to ensure faster transportation between locations. Some may even use them like a monorail system to take people from one part of their city to another.

Another possibility comes from Elon Musk, CEO of Tesla and SpaceX. His suggestion, known as the hyperloop, would send passengers between cities at speeds exceeding 970km per hour. These capsules would float between cities in partial vacuum tubes. 

Initially, Musk’s idea garnered significant skepticism. However, some firms and developers now see potential in the concept and began experimenting with this technology.

Learn More of Transportation’s Future

The future for transportation currently looks exciting. Soon, businesses and cities can use these developments to improve people’s lives! 

These changes benefit you as a consumer, as well. Each of these shifts offers enhanced convenience and comfort for you.

We hope you enjoyed this article! If so, check out our other content today.

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