18 European mobility companies unite to propose a blueprint for Europe’s transportation future: Know more

The EU Future Mobility task force, comprising 18 private mobility companies and startups, has issued a joint call to action to advance Europe’s position in transport innovation.

The initiative was presented to the European Commissioner for Transport, Adina Vălean, during the Connecting Europe Days event in Brussels. The six-page report outlines specific recommendations to enhance competitiveness and foster innovation.

Brief about the EU Future Mobility Task Force

The EU Future Mobility Task Force includes 18 European companies spanning shared mobility, EV charging, maglev, rail, coach, cargo, and air mobility sectors, focusing on transport innovation and deep-tech.

The Taskforce is currently comprised of Aura Aero, Bolt, Cabify, CARTO, Dronamics, EVBox, EV Connect, Fastned, Flix, Lilium, MaasGlobal, Nevomo, OTIV, Volocopter, Voi and Virta.

These companies are aligned in their goal to introduce innovative solutions to address growing consumer demand and enhance the sustainability, affordability, and connectivity of mobility.

Opportunity to shape the future of mobility

According to the report, mobility stands as a fundamental aspect of the EU and it also influences citizens’ lives and the economy. 5.3 per cent of Europeans are employed in this sector, contributing to 5 per cent of the EU’s Gross Value Added.

Commissioner for Transport, Adina Vălean, says, “Europe has the potential to become a global leader in mobility innovation, we owe this to our citizens and to our economy’s competitiveness.”

“The joint efforts of these 18 companies, coming together to put forward specific, tangible and bold solutions to the challenges faced by mobility innovators, is a demonstration of true European values of togetherness and collaboration.”

The EU Future Mobility task force aims to lead and enhance the European transport ecosystem, highlighting three key areas for improvement. These areas are deemed essential for advancing the scaling, commercialisation, and deployment of mobility solutions, as outlined in the paper.

By fostering a fair regulatory environment and ensuring open market access, startups can compete on equal footing with established players, benefiting mobility users and enabling the scaling of innovative solutions.

Access to finance

Finance is vital for growth, and Europe is in a position to overcome institutionalised risk aversion. It can capitalise on opportunities within its capital markets, boosting public investment and leveraging private capital to drive growth.

Engaging citizens and civil society is also essential. 

By fostering collaboration among users, regulators, and innovators in policymaking, advocating for user-centric policies, and showcasing innovative solutions, it can address challenges such as congestion, rising costs, and CO2 emissions while enhancing the overall mobility ecosystem.