Will automated vehicles cut parking revenue?

Researchers used Seattle as a case study to find the association between TNC trips and on-street parking occupancy. They found that up to a certain point, more Uber trips meant more parking occupancy. But model predictions show that once TNC trips reach about three times what they were in 2016, parking revenues will likely decline. The final report offers policy options to help cities plan accordingly.

Source: sciencedaily.com

Related posts

Researchers capture never-before-seen view of gene transcription

Poor health, stress in 20s takes toll in 40s with lower cognition

Scientists discover way to ‘grow’ sub-nanometer sized transistors