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What Do AI and Machine Learning Have to Offer Car Sharing?

St Germain en Laye, October 29th 2024.

In United States, the car sharing market is projected to grow significantly by 2025, according to analysts a fourfold increase in fleet size to about 427,000 cars and a fivefold rise in users, reaching 36 million. This growth is driven by government support, technology advancements, and service optimization.

Key technologies like artificial intelligence and machine learning will enhance customer personalization, allowing tailored rates and recommendations. They will also improve user experience through features such as customized vehicles and integrated route planning with other transport modes.

For businesses, these technologies aid customer retention by enabling targeted offers and demand forecasting. Proactive measures will address driving behaviors, implementing restrictions for aggressive drivers and ensuring vehicle maintenance. As competition intensifies, car sharing companies will focus on enhancing service quality and expanding their feature offerings.

After more than 15 years of work thru 12 government funded collaborative research programs with experts of road safety, police of the road, professional drivers and insurers of 19 countries, Nexyad has developed a Metric of Driving Prudence.
Using this Metric of driving Prudence, Nexyad offers SafetyNex an AI tool on board and real time which analyses driving prudence 20 times per second, comparing driving behavior (speed, accels) with road context ahead (road geometry and signs, obstacles, weather, visibility, etc.). When we detect lacks of prudence, we are able to alert drivers with few seconds of anticipation in order for them to slow down and then reduce accident situations.

For further details see Nexyad page for Fleets: BYOD Solutions for Fleets: Bring Your Own Device Solutions

Read What do artificial intelligence and machine learning have to offer car sharing? | by Vladimir Ilichev | Bright Box — Driving to the future | Medium

#AI #ArtificialIntelligence #CarSharing #Nexyad #SafetyNex