The Latest Uber Effect: People Are Ditching Their Cars – Fortune


Nearly 1 / 4 of U.S. adults have bought or traded in a car within the final 12 months, with 9% of that group turning to experience sharing providers like Uber and Lyft as their fundamental method to get round, in accordance with a brand new Reuters/Ipsos opinion poll.

The research additionally revealed that 9% of individuals plan to eliminate automobiles and as an alternative flip to journey providers within the upcoming yr. University of California, Berkeley researcher Susan Shaheen advised Reuters that the outcomes agreed with the outcomes of her 2016 automotive-sharing research, which discovered a small portion of consumers had bought a car as a consequence of carsharing.

The outcomes of the ballot come lower than a yr after Uber founder and CEO Travis Kalanick advised the World Economic Forum’s Annual Meeting of the New Champions in Tianjin, China, that at some point individuals “might own a car like maybe some people own a horse. You know, they might take a ride on the weekends or something.”

He added: “I think that’s where the world is going. People will not own cars, they’ll have a service that takes them where they want to go, when they want to go there. And that’s what Uber is.”

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