The world of transportation is changing rapidly and the change is driven by the technology that has made ridesharing, car-hailing, and vanpooling easy. This sharing economy is forcing businesses to rethink how they utilize vehicles.
It is time for a new wave of technology that promises to change commercial vehicle fleets forever. We’re talking about Autonomous Vehicles (AV). The transformation will be in part on the driverless phenomenon, but also the promises to increase overall productivity, lower the rate of accidents, cut traffic congestion, and reduce emissions in metro areas. The world of AV’s has people pooling to destinations, fewer cars on the road. Highways don’t need to be wider and infrastructure costs can plateau or contract. Parking structures can be built smaller in residential developments, in malls, and in office and industrial developments.