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Stock impact report

AI-powered mobility: Finding the right environment to test new tech to scale [Yahoo! Finance]

PORSCHE AUTOMBL UNSP/ADR (POAHY) 
NASDAQ:AMEX Investor Relations: porsche-se.com/en/investor-relations
Company Research Source: Yahoo! Finance
Driving this exploration is rising consumer demand for adaptable, eco-friendly choices. Consumers are increasingly seeking convenient, on-demand mobility services such as ridesharing and bike-sharing, which reflects a shift away from traditional vehicle ownership towards more flexible, cost-effective transportation solutions. An increase in governments offering tax rebates, subsidies, and infrastructure support to enhance EV affordability and drive market growth is also playing a key role in propelling the expansion of AI-powered mobility solutions. Some regions are more welcoming than others, however. Dubai, for example, recognises that mobility – green mobility in particular - is the future of transportation. Demand for EVs in the UAE is projected to grow at a compound annual rate of 30% between 2022 and 2028, according to the Global Electric Mobility Readiness Index. It also ranks number one in the Middle East and Africa for urban mobility readiness, as found in a recent study Show less Read more
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