Looking for the latest tech news in parking and transportation? We rounded up this list of must-read articles from October. Some of these articles are regionally-focused but indicate potential shifts in the industry overall.
In the October issue of Parking Today, SpotHero CEO Mark Lawrence shares his thoughts on how to future-proof the parking industry by keeping the tech-minded customer driving and parking.
Despite the growth of ride sharing services, the parking management market is estimated to grow from $3 billion in 2016 to $5 billion by 2021. Technology has encouraged more widespread adoption of parking management solutions.
Uber wants to replace commuter parking lots in Summit, NJ. They are working with the city to subsidize rides to Summit’s train station so commuters can take Uber to the train rather than drive. This trial program could set the stage for other markets.
“The [parking] rate structure needs to become more creative because behavior is definitely changing.” Mark Lawrence and others discuss the direct impact of ride sharing on parking in Chicago.
Seattle has launched a new program that encourages commuters to park near public transit hubs and take public transit into downtown. If the program is successful, more parking demand could shift from the city center into the suburbs, indicating drivers’ willingness to consider other modes of transportation.
Oakland-based CityLift is constructing its first automated parking garage in the Bay Area, which lets drivers drop their car off on a platform that lifts the car into the parking tower. With real estate becoming more expensive, this technology helps meet the steady demand for parking for less cost and less space.
Signaling that mobile plays a big role in today’s connected car, a new study reveals that most car owners with built-in navigation systems use their smartphone for directions. More than half have never used built-in navigation at all. These findings reaffirm the need to connect with drivers today via mobile, as the technology is already familiar and user-friendly.
“As of today, all Tesla vehicles produced – including Model 3 – will have the hardware needed for full self-driving capability at a safety level substantially greater than that of a human driver.”
Autonomous cars have raised a moral dilemma: will self-driving cars try to save the driver, even if that means crashing into pedestrians? While most automakers have avoided the question, Mercedes-Benz has taken a stance, saying they will prioritize people inside the car over pedestrians.
Uber dives into what on-demand aviation would look like, suggesting a more car-less future where less parking is required.
Evercar, a service that rented EVs and hybrids to drivers for ride-hailing services, has shut down. Some have speculated that they had trouble competing with the short-term rental services that Uber and Lyft already offer their drivers.