Most People Expect Driverless Cars To Become Common, And They Worry About It (6-4-18)

A driverless Daimler AG Mercedes-Benz AMG E63 S car maneuvers to a parking space during a demonstration in Stuttgart, Germany, on May 28, 2018. (Krisztian Bocsi/Bloomberg)

Most Americans think autonomous cars will be quite common within 15 years, though 74 percent of people say they don’t expect to have one and two-thirds say they wouldn’t want to walk or ride a bicycle anywhere near one.

Confusing? That’s in part because the results come from three different recent surveys on Americans’ attitudes toward autonomous cars.

Taken together, however, they underscore widespread misgivings about the autonomous vehicles that people expect will be among them shortly, the challenge that automakers face in marketing them, and a need for safety reassurances from federal regulators.

Most Americans — 70 percent, according to an HNTB survey being released Monday — have softened to the idea that driverless cars factor in their future, whether they plan to ride in one or not.

Read Full Story Here (via The Washington Post)

Developers Stand To Win Big If Autonomous Vehicles Become Commonplace (5-31-18)

The autonomous vehicle revolution is still in its early stages, but commercial developers are already salivating at the prospect.

As driverless cars and shuttles become commonplace, they could reduce the need for bulk parking at commercial developments, thus paving the way for greater density and a more profitable use of land, Phillips Edison & Co. CEO Jeff Edison told the Wall Street Journal.

Read Full Story Here (via BisNow)

More Lyft Riders Will Get Picked Up By Driverless Cars This Year, Strategy Chief Says (5-23-18)

How Lyft is making ride-hailing more secure from CNBC.

Driverless ride-hailing services are available for some across the United States, and consumers will see those services grow throughout this year, Lyft Chief Strategy Officer Raj Kapoor told CNBC on Wednesday.

Kapoor, whose company ranks No. 5 on CNBC’s sixth annual Disruptor 50 list, said the use of self-driving vehicles in the United States will be a “slow and gradual roll-out,” but “it has begun.”

“Today you go into Las Vegas and you can get an autonomous Lyft with a safety driver that will take you from hotel to hotel,” Kapoor said in a “Squawk Box” interview. “You will see the roll-out begin as of 2018.”

Read Full Story Here (via CNBC)

Five Surprising Ways Driverless Cars Will Affect Real Estate (4-5-18)

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For most of the last century, the automotive industry has focused on developing more powerful, comfortable and fuel-efficient vehicles for drivers. But over the past decade, automakers have begun asking a much more exciting question: What if we didn’t need a driver at all?

Whether it is scary or exciting to you, the transportation revolution has begun! Driverless cars are on the horizon, and the implications of this technology will greatly impact just about every industry you can think of, including real estate. As a broker in Los Angeles, which is home to the world’s worst traffic congestion, it’s my business to think about how driverless cars will affect my clients — and real estate at large.

The transportation revolution will affect the housing market in five surprising ways:

Read Full Story Here (via Forbes)