4/7/2016, TechWorld -- Elon Musk predicts that fully autonomous cars will hit the road by 2023, while the British government is trying to figure out how safe driverless cars are going to be, and how they should be regulated. Being in the business of on-demand parking, we’re asking another question – how and where are they going to be parked?

According to a ParkAtMyHouse Survey, the average UK motorist spends a shocking 106 days of their life looking for a parking spot, and it takes 20 minutes to find a spot in London alone, thanks to restrictions like resident parking and yellow lines. Since parking space is limited in cities, private parking spots can sell for more than houses. Recently, a parking spot near Hyde Park in the capital was put on the market at £350,000 – more than the average house price.

Read the rest here: http://www.techworld.com/personal-tech/huge-impact-driverless-cars-will-have-on-parking-urban-landscapes-3637704/