Cities are adopting tolling and closed-loop shuttle buses to mitigate traffic, to integrate AVs into public transit, and to prepare for the possibility that AVs used in ride-hailing could exacerbate urban congestion.
Real estate is emerging as an AV battleground
As leading autonomous vehicle companies seek to bring “robotaxis” to market, their competition could extend from AI-powered software into a new arena: real estate.
The big picture: Today's ride-hailing companies are software-only platforms. But as AV technology goes commercial, companies that plan to own and operate fleets of robotaxis — including Waymo and GM Cruise — will need considerable real estate footprints to store, clean, refuel and repair thousands of vehicles.