ELI5: Explain Like I'm 5

Shared mobility

Shared mobility means sharing resources like cars, bikes, and scooters with other people instead of owning them individually. This means that instead of buying your own car or bike, you can use one that someone else already owns. It's like borrowing a toy from a friend instead of buying your own toy.

For example, instead of owning a car that sits idle in your garage most of the time, you can share it with others and earn some money. Or, instead of taking a taxi or driving alone, you can use a ride-sharing service like Uber or Lyft to share a ride with other people going in the same direction.

Shared mobility helps reduce traffic congestion and pollution, as fewer cars on the road means less traffic and emissions. It also promotes a sense of community and collaboration, as people share resources and work together to use them efficiently.