Where does the letter ‘P’ fit into the AV equation?

Anita Mauchan and Riccardo Bobisse explore potential diversification of parking in the autonomous vehicle era

The magnitude of the impact autonomous vehicles (AVs) will have on parking will depend on the adopted ownership model. If AVs are privately-owned, the number of car parking spaces could be equivalent to today’s number or slightly increased due to higher mobility rates. But if shared ownership prevails, fewer vehicles will require parking.

Either way, it is clear that AVs will be parked more efficiently and consume less space, reducing demand for parking close to one’s destination....

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