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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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