Data over the mobility of cars, belonging to company fleets or with long-term leases for private use, clearly unveils the different level of restrictions carried out by the Italian government during the first and second wave of the pandemic.
Looking at October-November and comparing it with March-April, mobility is 35% higher than the first lockdownat the beginning of the year.
These are the findings of the observatory of Targa Telematics, a tech company specialized in the development of digital solutions in the field of telematics, smart mobility, and IoT platforms for mobility operators, which monitors over 500,000 assets. The data refers to fleet cars with long-term leases (for companies and private individuals) and for short-term rental, usually used for tourism.
The difference is quite clear – and even more significant – if you single out long-term leases, which include company vehicles.
“Looking at the long-term leases in Italy, the trend is even more evident” noted Carlo Stefanelli, CTO of Targa Telematics. “In fact, in October and November there were 40% more vehicles in circulation than the previous lockdown at the beginning of 2020, with an increase also in terms of kilometers traveled that rose to +130%, which underscores just how much higher mobility was compared to March and April. We believe that numbers and data we have collected thanks to technology and are available to the community, can represent an additional tool to understand the effective correlation between the crucial measures to contain the epidemic and their economic and social implications. In an unprecedented scenario such as the current pandemic, it takes the efforts of all, each with his or her own skills, to join together to best deal with the challenges ahead.”
Overall, 2.3 billion kilometers were driven by the cars of long-term lease companies between January and November 2020 compared to 3 billion kilometers in January-November 2019.
While in the first two months of the year an average of 250 million km were traveled in each month, in April the figure collapsed due to the lockdownto 69 million km, then increasing again and reaching the peak of the year in July, with almost 280 million km. Over the last two months there has been a gradual decrease, returning to May levels, with less than 180 million km traveled.
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Targa Telematics is an IT company with 20-year of experience in connected vehicles. It provides technological solutions in telematics, smart mobility and digital IoT platforms for mobility operators. The company addresses short and long-term renters, large finance companies and large fleet with a range of services from insurance telematics to asset and fleet management, remote diagnostics and telemetry for vehicles, professional and construction-site vehicles, through to the management of airport service vehicles. Managing over half a million of connected asset, in 2019 Targa Telematics reported revenues of €45 million, 120 employees and more than 950 customers.
For more information: www.targatelematics.com