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Driverless Vehicles are

Coming – and they’re

Coming Fast

Imagine a world where a driverless

vehicle delivers you from your front

door to your office every morning.

No driving, no parking, and no hassle

required. You can work, eat breakfast,

read a book, watch television – or even

sleep – during your commute.

Sound too good to be true? Well,

thanks to modern technology,

driverless vehicles are coming – and

they’re coming fast. Estimates vary

as to when they will dominate the

landscape, but many experts believe

they will be a major presence on U.S.

roads by 2025.

In fact, several automakers, including

Volvo, Mercedes-Benz, Volkswagen/

Audi, Tesla, and BMW, are already

well on their way toward making

the driver’s role less important. Elon

Musk, co-founder and CEO of Tesla, is

planning a coast-to-coast demo drive

in November or December 2017, from

California to New York, with no controls

touched at any point during the entire

journey. Tesla has also announced

that its customers would be able to

summon a car across the country by

2018. General Motors is now testing its

self-driving Bolt in Arizona, and BMW

and Nissan have joined Mercedes-Benz

in announcing plans to offer cars with

self-driving capabilities by 2020.

With so much growth and change on

the horizon, this technology is sure

to have major implications across

the board, including on corporations.

Although the technology is still a work

in progress, it’s never too early to start

thinking about the impacts the new

technology will have on the workplace.

It’s no wonder these

companies are all

jumping on the

driverless technology

band wagon. Last

year, Goldman Sachs

projected the market

for advanced driver

assistance systems

and driverless

vehicles would grow

from about $3 billion

in 2015 to $96 billion

in 2025 and $290

billion in 2035.

JEFFREY GREEN

Managing Director

Global Occupier Services

Lead - Automotive Sector Group

jeff.green@cushwake.com

NEIL GORMAN,

MRICS

Partner - EMEA

Global Occupier Services

neil.gorman@cushwake.com

DISRUPTION

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