Evolving the Connected Mobility Economy

“The journey to a connected economy starts here, and the transformation will change everything.” The infographic shows how connected vehicles are becoming an effective way to pay for goods and services.

The top Illustration shows a portion of a globe with icons superimposed, representing different types of apps for shopping and paying for items. Headline titled “Evolving the Connected Mobility Economy” Smaller headline underneath says, “The journey to a connected economy starts here, and the transformation will change everything.”

The next illustration shows a car hooked up to a charging station, and icons superimposed representing paying for the charging, food and travel purchases. The first text box has a small headline that reads “From vehicles as super apps…” with supporting text underneath that reads “The automobile as a single sign-on, connecting all payment apps, making instant payments for things like tolls and fuel, reaching 86 billion dollars a year by 2025.” The statistic comes from Juniper Research, September 2020. ‘In-vehicle payment spend to exceed $86 billion in 2025, as partnerships improve ecosystem viability.’

Available at: https://www.juniperresearch.com/press/in-vehicle-payments-spend-to-exceed-86-billion. Accessed August 2022.¹

The next illustration shows electric bikes in a charging station with a person renting them. The smaller headline says “…to changing models of mobility…” with supporting text underneath that reads “For evolving forms of transportation and increasingly sophisticated transaction types: automatic payments, subscriptions, one-time charges”

The next illustration shows a person at an airport at a kiosk next to a plane, showing various things they can purchase. The smaller headline reads “…digital identities travel with the person…” and the supporting text underneath reads “Between cars and bikes and scooters and stores and homes, one digital identity for payments could be the frame that holds it all together.”

The next illustration shows an electric truck being charged, with a person unloading merchandise out of the back. The continuing small headline reads “…as they live and work…” and the supporting text underneath reads “Instantly accepting payments for merchandise or paying for business vehicle maintenance and fuel or charging will energize the work day.”

The final block of text has a headline that reads, “…and payments will be the fuel that drives the connected mobility economy” with supporting text underneath that reads, “As consumers go more mobile, their expectations will drive an increasingly connected, seamless experience for searching and buying goods and services.”

Next to this is a statistic that reads, By 2030, 95% of all new cars produced will be connected, compared with 50% today. The statistic comes from McKinsey, February 2021. ‘Unlocking the full life-cycle value from connected-car data.’
Available at: https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/unlocking-the-full-life-cycle-value-from-connected-car-data. Accessed August 2022.²