“Minimobility” vehicles may be the next wave of transportation coming to cities, according to a September report by the McKinsey Center for Future Mobility, an international mobility consulting firm.

Shared use of these three- or four-wheeled electric-powered vehicles that carry one to two people is gaining interest in Europe, especially in France, according to the center.

The total addressable market for such vehicles could reach ”$100 billion annually across China, Europe and North America by 2030,” the report said. “In urban areas, minimobility may emerge as a viable alternative, bringing the added benefits of decreased congestion, reduced space requirements and lower emissions.”

Minimobility vehicles are easier to build, smaller, cheaper and more energy efficient than cars, according to the report. They are also slower and potentially safer than other mobility types.