Perhaps one of the biggest breakthroughs in recent years is the introduction of rideshare services to the masses.
Ridesharing apps like Uber and Lyft have made significant strides since they’ve made their respective debuts. These companies continue to expand the services they offer to achieve their ultimate goal of encouraging people to carpool.
This innovation is believed to be the solution to decongesting traffic and having fewer cars on the road, Mercury News reports.
Rideshare Services Here To Change The Game
As our economy grows, the demands on our transportation system have also grown. Our roads and highways are so congested that Bay Area drivers spend an average of 83 hours a year stuck in traffic. A recent study by Dutch firm TomTom ranked San Francisco #3 and San Jose #7 for worst traffic congestion in the nation.”
Taking the Bay Area as an example, these companies aim to reduce the time people spend stuck in traffic. This is quite a task, considering these drivers spend approximately 83 hours a year stuck. Another goal is to trim down the 80 percent of commuters who drive alone, as this will definitely help reduce excess cars on the road.
How These Companies Make Their Impact
Lyft and Uber present services that match every rider’s needs. For riders who want a private car that can take him to his/her destination without any delay, there’s Lyft and uberX. Passengers can also opt for Lyft Line or uberPOOL if they have time to spare and are looking for the more affordable option.When going out with a group of friends and a 6-seater car is needed, uberXL and Lyft Plus will cater to that market segment.
The offerings go on and on. These companies want to make one thing clear: They’re aiming to alleviate the traffic situation while making driving a source of income.
What are the Hurdles Rideshare Services Face?
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As promising as it may sound, these companies also face hurdles towards achieving their mission of reducing the volume of cars on the road. Lyft Shuttle, as an example — which is branded as “the bus for the rich” — is said to compete with the efficiency regular buses provide. However, it is not as cost-efficient as one would hope for.
There’s also this notion of that the scheme will only worsen the traffic situation. After all, ridesharing cars may slowly flood the roads, as the need and number of drivers increases. Plus, public transportation is still more efficient, since it can carry more passengers while consuming less space on the road.
It’s All About Finding the Right Formula
However, one thing’s for sure: These services have the support of the masses. There is no denying ridesharing provides a more convenient alternative compared to taking a bus or train for commuters.
As for the drivers, it gives them a stable source of income that can help pay their bills. These young companies are unfazed. They’ll continue to work to find the right formula to fix traffic jams all across the globe.
For drivers planning to enter the business, here’s an in-depth comparison of Uber and Lyft courtesy of Rideshare Panel:
Are Uber and Lyft here to stay? Share your experience using other rideshare services app in the comments below!