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Addison Lee

addisonlee.com

Founded Year

1975

Stage

Acq - Fin - II | Alive

Revenue

$0000 

About Addison Lee

Addison Lee is a UK-based chauffeur and private hire firm with an extensive fleet of minicabs.

Headquarters Location

35-37 William Rd

London, England, NW1 3ER,

United Kingdom

+44 20 7387 8888

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Expert Collections containing Addison Lee

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Addison Lee is included in 1 Expert Collection, including Mobility-as-a-Service.

M

Mobility-as-a-Service

608 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

Addison Lee Patents

Addison Lee has filed 13 patents.

The 3 most popular patent topics include:

  • Automotive accessories
  • Automotive technologies
  • Global Positioning System
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/14/2020

8/16/2022

Automotive technologies, Automotive accessories, Vehicle technology, Vehicle telematics, Global Positioning System

Grant

Application Date

1/14/2020

Grant Date

8/16/2022

Title

Related Topics

Automotive technologies, Automotive accessories, Vehicle technology, Vehicle telematics, Global Positioning System

Status

Grant

Latest Addison Lee News

The Worldwide Ride Hailing Services Industry is Expected to Reach $104.9 Billion by 2030 - ResearchAndMarkets.com

Jan 11, 2023

Addison Lee Growth of the ride-hailing services market is significantly driven by the expansion of the key players in the new geographies and increasing consumer ridership owing to the convenience and comfort. Consumers inclination to avoid large overhead cost of car ownership and its maintenance, coupled with the increasing traffic congestion and lack of parking spaces fuels the global market growth. Rural population is noticeably migrating to urban areas and metro cities for various reasons leading to dense population. Furthermore, emerging ride-hailing apps and taxi-booking apps are driving the global ride-hailing and taxi market, coupled with the increasing internet service penetration and increasing affordability of the smartphones. Large number of operators offering offline channels for booking a ride and consumer behavior are attributed for the higher market share of the ride hailing services in the global market. Offline channels have been widely used for the booking a ride with transportation network companies and taxi companies by phone or travel agents. Emergence of new technology and market players in the local market are expanding consumer base at the local level and facilitating growth of the market at global level. Increasing affordability of smartphone and internet penetration is rising the dependency on the digital solutions across various industries, including ride-hailing services. Rising share of the millennial and generation z among the consumer group is shifting the overall consumer statistics from traditional services to ride-hailing, fueling the global market growth. Rise in demand for luxury car services at affordable prices, especially among millennials is anticipated to create growth opportunities for the market. Majority of millennials avoid buying cars, saving the ownership, maintenance, and fuel costs along with road tax. Increasing use of public transport is reducing traffic congestions and is proving beneficial for the environment. A common trend that has been noticed in countries including India, China, and Australia is the payment made by digital mode owing to the convenience it offers to both drivers as well as passenger. Ride-hailing is emerging as one of the most popular model due to the lack of parking space in most of the metro cities. The automotive industry has a major share in the greenhouse gas emission. The government along with the private organizations in the automotive industry are collaborating on taking efforts to curb the rising CO2 emission. Various organizations like the International Institute for Sustainable Development of Canada, the Indian Ministry of Environment and Climate Change as well as the Paris Agreement on Climate Change have set aspiring targets and norms. There, these norms and regulations are likely to drive the use of these type of sharing services over private car ownership. Ride Hailing Services Market Report Highlights Some of the services such as Ola and Uber also facilitate real-time vehicle tracking, sharing it with one's kin and friends, feedback, and rating system. The availability of multiple service providers has given customers an edge as it gives them a chance to compare the service and rates. A recent study by the University of Pennsylvania highlighted that the expansion of ride hailing services has reduced the instances of drunk driving, which makes these vehicles a safer option The E-hailing market segment dominated the ride hailing services market with a share of 58.3% in 2021. The rapid adoption of smart phone devices such as smartphone, smart wearables, and the increasing use of the internet has attributed to the growth of E-hailing services The Asia-Pacific regional market is growing as a result of ride-hailing services becoming more advanced. The influence of charging infrastructure is increasing the attraction of electric vehicles for ride hailing. Such noteworthy advancements stimulate regional market expansion, which in turn supports global market expansion Key Topics Covered: Chapter 2. Executive Summary 3.1. Market Introduction 3.3. Impact of COVID-19 on Ride Hailing Services Market 3.4. Industry Value Chain Analysis 3.4.1. Sales/Retail Channel Analysis

Addison Lee Frequently Asked Questions (FAQ)

  • When was Addison Lee founded?

    Addison Lee was founded in 1975.

  • Where is Addison Lee's headquarters?

    Addison Lee's headquarters is located at 35-37 William Rd, London.

  • What is Addison Lee's latest funding round?

    Addison Lee's latest funding round is Acq - Fin - II.

  • Who are the investors of Addison Lee?

    Investors of Addison Lee include Cheyne Capital Management, Liam Griffin and Carlyle.

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