One hundred years ago, only 20 percent of people lived in urban areas. Today, the urban population represents more than half of the global population, and by 2050, it is projected to be 70 percent. Extreme urban density will undoubtedly strain, if not break, existing city transit systems. An entirely new approach to public transit will be needed. The Urban Transit prize will spur the development of new modes of affordable public transit and revolutionize how we think about mobility.
The winning team will develop a new generation of urban transit systems that can transport 100 or more people while being 50 percent more efficient than today’s technology, cost less than $20 a month per person, and cause no more than a 5-minute delay on a scheduled route. Teams may develop entirely new forms of transportation and/or enhance traditional or nontraditional transportation business models.
To find out how you can help support this XPRIZE, please email [email protected].