Increasing Supply

Huateng Ma, Xiaorong Zhang, Yi Sun and Xiongshan Cai
Additional contact information
Huateng Ma: Tencent Research Institute
Xiaorong Zhang: Tencent Research Institute
Yi Sun: Tencent Research Institute
Xiongshan Cai: Tencent Research Institute

Chapter Chapter 10 in The Chinese Sharing Economy, 2021, pp 91-93 from Springer

Abstract: Abstract Let us first start from the beloved private car. Before the advent of ride-hailing apps, private cars spent most of their time idle. According to figures from road transport authorities, the average mileage of a private car in China is roughly 200,000 km, whereas the average mileage of a taxi is greater than 600,000 km, because private cars spend far less time on the road than taxis.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-33-6494-3_10

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DOI: 10.1007/978-981-33-6494-3_10

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