“My proposal is to segment the market by trip distance. We have very short trips — let’s say, half a mile, or even a few hundred yards. Then you have all the way up to thousands of miles. When you look at the spectrum of distances that people want to go, they’re all served by the same vehicle. The car is a package, a bundle of trips. You prepay for all the trips your car can give you. It’s like getting a pick-up truck and using it once a year to take the Christmas tree home. That means that one trip a year is costing you $10,000 — and you’re carrying all that capacity the rest of the year, throwing away so much energy and CO2 in order to have that optionality. But you don’t need to have a big vehicle to deliver short miles. In other words, the un-bundling of the car will happen with small vehicles for small distances and big vehicles for big distances. And the most common trips are short trips, overwhelmingly so.”