It is not only parking garages – the autonomous vehicles will require the entire real estate industry to undergo a large-scale restructure, according to CB Insights. Bloomberg’s Noah Smith says that faster and easier commutes will shift residential property value from properties in urban centers to those in suburban areas. In commercial real estate, spaces […]
autonomous cars
EU plans for autonomous cars use in cities
A new €3 million EU-funded project will test how to manage the flow of thousands of autonomous cars in cities in preparation for their launch by OEM, according to Autovista Intelligence. The three-year Managing Automated Vehicles Enhances Network (MAVEN) project will trial autonomous cars in urban areas and test systems that manage traffic. This will […]