With changing needs and advancement in technology, people want to take advantage of facilities that are not only less time consuming but affordable so that they do not have to think much while using it. There are machines to handle most of the heavy and technical work, while the Internet is available to access anything at any time and anywhere in the world. Also, when it comes to transportation, technology has introduced the concept of on-demand taxi services that allow a person to hire a taxi through a mobile application, ensuring that they can be picked up at their home and dropped off at their destination.

A few months ago, the global association of the road transport industry, the International Union of Roads and Transport (IRU), organized an event to shed light on the techniques and benefits of improving the mobility of goods and people. Member of the European Parliament and Chairman of the Transport and Tourism Committee, Michael Kramer, was also at the event along with the Dutch EU Presidency.

The event dealt with different business models that are playing an important role in the taxi industry, offering user-friendly solutions in the sharing economy. By efficiently responding to people’s needs and providing a stimulus to the market, taxi companies have taken the lead in enabling travelers to travel with better and more affordable services. With the mobile app, travelers can easily book a taxi for their trip, ensuring they can always arrive on time.

As mobility has become one of the crucial aspects, especially when it comes to reaching the office or attending a meeting, more and more people prefer to use on-demand taxi services to ensure that they can easily reach their destinations.

Virtual taxi services are especially suitable for people who live in remote areas where there is no public transportation or taxi service available. Credit goes to the technology and mind behind this amazing innovation! The well-organized car fleet and connection to public transport services also help reduce congestion and are environmentally friendly compared to traditional services.

The taxi company has to ensure mobility by complying with all social and fiscal obligations because it is important to take care of what travelers need and drivers have to take them to their destination without any damage. Today, the taxi industry is regulating at the national or local level, while taxi companies strive to take advantage of the cross-border dimensions and opportunities of the EU internal market. In this way, they would be in a better position to offer satisfactory transport services.

Mobility tends to be an influential factor for people to select a taxi company. If the company does not own enough fleet of cars to help many people at once, it might end up losing its position in the taxi industry because people always want an instant solution for their mobility and would switch to a company that has the ability to meet their requirements right away. So, it can be said that mobility influences taxi companies to innovate and expand their services.