Infographic: The Business of the Back SeatJuly 30th, 2014
With the advent of ridesharing businesses like Uber and Lyft, we’re definitely in an era where the act of getting a ride in the big city is transforming. In this fascinating infographic put together by our friends at Ford, they look back at the history of the urban taxi, limo and chauffeur business, and how modern business models are dramatically shaking up the industry.
It’s interesting to note that some of the earliest taxis were actually electric vehicles, and we’re now coming full circle to the use of electric and hybrid vehicles to improve fuel efficiency and environmental impact – especially in short, stop and start drives – the bread and butter of the taxi industry.
(Infographic courtesy of Ford Motor Company)