Car sharing has also swept the automotive industry by storm, which was led by UBER and Lyft. There was a time when ridesharing wasn’t even a thing, but with technology rising by the day, there is no limit to what can happen. Ridesharing is not only a way to save money on transportation but also benefits the environment (via PWC).
Although there has been some controversy about the ridesharing industry, it hasn’t been enough to stop its monstrous growth. UBER is on track to be one of the most influential companies in the world, and the commercial taxi cab business has all but vanished. Ridesharing will continue to transform the automotive industry.