What is Park & Pedal?
Park & Pedal is a route finding app that provides multimodal, shared mobility services to the suburban commuter market.
We connect driving commuters with last-mile eBikes to save them money, time, and frustration from traffic.
The patent pending program is similar to park and ride, but utilizes eBikes and scooters, rather than buses and trains. Commuters have use of the bike all day, and return it to the original station.
What is Park & Pedal?
Park & Pedal provides multi-modal, shared mobility services to the suburban commuter market.
Commuters drive the first leg of their journey, park at designated stations located just outside the city, and rent an eBike to pedal to work, thereby avoiding last mile traffic and expensive parking in the city.
The model is similar to park and ride, but utilizes eBikes and scooters, rather than buses and trains.
Value Proposition
For Car Commuter Segment
Cheaper
Avoids expensive downtown parking fees and reduces miles driven
Faster
Faster than Google Maps navigation for 38% of Boston car commuters*
Less Anxiety
Anxiety caused by unpredictable traffic is replaced with a sense of open freedom
Healthier
An easy morning ride keeps you active and jumpstarts your day
Greener
Fewer cars in the streets means less emissions and a healthier planet
* Google Maps driving navigation Best Estimate vs. Park & Pedal app – based on 18,350 trips at 8am on March 24, 25, and 26th 2020 by commuters who work in the city of Boston; randomly selected from the U.S. Census 2012-2016.
Park & Pedal for COVID-19 Recovery
To allow for the return of America’s workforce after the COVID-19 pandemic, transportation systems will need to adapt in order to facilitate social distancing and lower the potential for exposure to contagions.
Experts agree that there will be a dramatic shift in consumer behavior as the public largely avoids mass transit, resulting in a widespread shift to single occupancy vehicles such as cars. However, our roadways and parking structures will not support such an increase in demand, leading to unsustainable gridlock traffic, longer commutes, and further negative economic effects.
Park & Pedal offers a solution — low cost, solo, open-air travel with a significantly reduced risk of exposure, while still avoiding traffic and parking challenges.
Average Daily Cost of Parking Downtown
Source: US PARKING INDEX 2018
Savings for 1 Boston Commuter
Parking cost = $34/day *
Congestion charge cost = $15/day **
Mileage cost for driving last leg into city = $8/day ***
Total = $57/day
Cost of Park & Pedal = $10/day
TOTAL SAVINGS = $12,220/year
* Based on average daily parking in Boston from Parkopedia US Parking Index 2018. $34 x 260 (work days) = $8,840
** $15 potential congestion charge based on current charges in London and proposed charges in NYC. $15 x 260 (work days) = $3,900
*** $0.67 per mile based on AAA 2018 Your Driving Costs report, and USDOT FHWA average annual miles driven. Average biking distance in round trip Park & Pedal commute is 12 miles. ($0.67 x 12 (miles) = $8.04) x 260 (work days) = $2,090.40
A Different User Than Current Bike Share
The Suburban to Urban commuter market is 2 times the size of the Urban to Urban commuter market that is currently targeted by existing bike and scooter share.
There is enormous untapped potential in providing a better solution for these suburban commuters.
Source: U.S. Census Inflow/Outflow Analysis for Labor Market segment 2015 – Top 25 U.S. Cities (NYC excluded).
Park & Pedal’s focus is exclusively on suburban-to-urban trips and does not compete with other micromobility docked and dockless systems which focus exclusively on urban-to-urban trips.
Faster Than Google Maps
Time Savings Study
The Park & Pedal app offers mobility that is faster than Google Maps driving navigation for 38% of inbound weekday Boston car commuters*.
Also faster than Google Maps mass transit for 67% of inbound weekday Boston transit commuters**.
*Using Google Maps driving navigation “best estimate” vs. Park & Pedal app – based on 18,350 trips at 8am on March 24, 25, and 26th by car commuters who work in the city of Boston; randomly selected from the U.S. Census 2012-2016.
**Using Google Maps transit navigation vs. Park & Pedal app – based on 892 trips at 7:45am on June 11th by transit commuters who work in the city of Boston – assuming access to a car; randomly selected from the U.S. Census 2012-2016.
Google Maps Integration
Multimodal for Everyone
Commuters rely on Google Maps to find the best mode of transit, so the fastest way to work needs to be at their fingertips.
Park & Pedal can be easily integrated with the existing user interface, providing the fastest, most efficient, and lowest cost option to millions of users.
Uncertainty with Google Maps
A More Predictable Commute
Arrive When You Expect
Park & Pedal has substantially less unexpected deviation in travel time than Google Maps driving. A typical Google Maps prediction for travel time while driving during rush hour can vary as much as “30 min – 1 hour 5 min”.
Heavy downtown traffic has little impact on eBike travel times, meaning Park & Pedal commuters will arrive much closer to the predicted time.
Retail Partners
Station Locations Promote Shopping
Park & Pedal stations can be located at major retailers with underutilized parking, including grocery stores, fitness facilities, and big-box stores.
75% of commuters regularly combine shopping with their commute*, making Park & Pedal even more convenient for users.
By stopping by these stores 2 times daily, these employed potential shoppers also provide valuable foot traffic to our partner retailers.
*From the final report of the ENSCC Smart Commuting project, funded by the Joint Programming Initiative Urban Europe
A Better eBike Share
Improvements on Dockless & Traditional Docked
Our round-trip docked system avoids dockless eBike share issues with redistribution, theft, impounding, and decreased vehicle life.
Each eBike needs to be returned to the original parking location in order to end the rental, ensuring 2-way trips.
Our patent pending stations have dual-purpose cables that lock, charge, and end the rental when the bike is plugged in.
⚡ Electric pedal assist = fast, fun, & sweat free
Building the Future of Transportation
Next Steps for Metro Mobility™
Beginning with Park & Pedal, Metro Mobility is building a network of strategically placed mode-transition stations around major cities, that will be used for future mobility solutions.
By leveraging our collected data, customer-facing app, and mode transition locations, Metro Mobility can introduce new vehicle offerings that bypass traffic and congestion charges.
Not Allowed in the City?
Allowed in the City
Allowed in the City
City governments are increasingly implementing anti-gridlock rules that affect vehicles entering the city. Surcharges or Exclusions can be based on:
- Size
- Occupant density
- Emissions
- Autonomy
As autonomous vehicles enter the marketplace, autonomy and connectivity will make mode transitions seamless, allowing Metro Mobility to offer multimodal services for the full journey.
Data
- Personal vehicle to personal vehicle multimodal travel
- Individually personalized mobility/retail shopping habits
- Suburban commuter preferences
Intellectual Property
Patents filed by Sughrue Mion LLC
Metro Mobility has filed strong patents to cover both the software and hardware involved, including a patent pending on multimodal autonomous vehicle journey planning.
Software Patents Pending:
- 67 System and method claims in total
- Covers multimodal use case
- Covers algorithms to identify optimal routes / mode transitions
Hardware Patents Pending:
- One cable: Locks and charges eVehicle
- Novel lock: Onboard eVehicle
- Other
Contact Us
Email us directly at info@parkandpedal.com