The advent of autonomous vehicles provides additional options for the use of valuable assets in order to recover portions of their value, in what is often referred to as the “sharing economy.” One discussion of value optimization is the ability of autonomous vehicles to be rented to third parties when they are not being used by their owners.
The present disclosure describes methods and apparatus for managing joint ownership of a vehicle by multiple owners, as well as providing for the fair distribution of revenue received from the rental of the vehicle by third parties. Aspects of the disclosure are directed towards mechanisms to incentivize owners to take necessary vehicular actions such as maintenance, and allow for situations in which different owners may have different ownership interests—for example, have contributed different investment amounts—in the vehicle.
According to aspects of one exemplary embodiment, a computer-implemented method includes allocating fractional ownership interests of an autonomous vehicle to each of a plurality of owners; determining the availability of the autonomous vehicle for rental; managing the rental of the vehicle by a third party, the rental including the third party providing payment for the rental; and allocating the provided payment amongst the plurality of owners based on the fractional ownership interests.
In some embodiments, the method can also include identifying an expense associated with the vehicle; and allocating the expense amongst the plurality of owners based on the fractional ownership interests.
In some embodiments, the method can also include receiving vehicle usage requests from the plurality of owners; and managing use of the autonomous vehicle by the plurality of owners in response to the vehicle usage requests by assigning priority to the requests. The priority can be based on the fractional ownership interests.
In some embodiments, the method can also include determining that a user has performed a maintenance task on the vehicle; and providing a vehicle usage benefit to the user based the performance of the maintenance task.
In some embodiments, the method can also include tracking usage of the vehicle by each of the plurality of owners; identifying an expense associated with the vehicle; and allocating the expense amongst the plurality of owners based on tracked usage. The expense may be fuel for operating the vehicle.
In some embodiments, determining the availability of the autonomous vehicle for rental can include receiving a request for rental by the third party, the request including a time and a destination; comparing the request to scheduled usage of the vehicle by the plurality of owners; determining that time of the request for rental does not conflict with the scheduled usage; and determining that the destination of the request for rental allows sufficient time for the vehicle to travel from the destination to carry out the scheduled usage.
In some embodiments, a fractional ownership interest of a first owner of the plurality of owners is greater than the fractional ownership interest of a second owner. Based on the first owner's greater ownership interest, the method can further include collecting a larger portion of a vehicle expense from the first owner; and allocating a larger portion of the provided payment to the first owner.
The novel features believed to be characteristic of the disclosure are set forth in the appended claims. In the descriptions that follow, like parts are marked throughout the specification and drawings with the same numerals, respectively. The drawing FIGURES are not necessarily drawn to scale and certain FIGURES can be shown in exaggerated or generalized form in the interest of clarity and conciseness. The disclosure itself, however, as well as a preferred mode of use, further objectives and advantages thereof, will be best understood by reference to the following detailed description of illustrative embodiments when read in conjunction with the accompanying drawings, wherein:
The description set forth below in connection with the appended drawings is intended as a description of exemplary embodiments of the disclosure and is not intended to represent the only forms in which the present disclosure can be constructed and/or utilized. The description sets forth the functions and the sequence of blocks for constructing and operating the disclosure in connection with the illustrated embodiments. It is to be understood, however, that the same or equivalent functions and sequences can be accomplished by different embodiments that are also intended to be encompassed within the spirit and scope of this disclosure.
Generally described, the systems and methods herein are directed to managing the use of an autonomous vehicle having multiple owners. Scheduled and unscheduled trips by owners are balanced against revenue-generating activities in which the vehicle is used by non-owners. Because fractional ownership may be unequal, ownership responsibilities and benefits can be allocated proportional to ownership.
In some implementations of the present invention, the share size (which may be determined by, for example, initial or ongoing capitalization of the vehicle sale or lease price, or any other method agreed-upon by the owners) may determine the relative allocation of expenses and/or revenues for various vehicle activities.
For example, because Alice owns 60% of the vehicle, she may be due 60% of the revenue (net service or other fees external to the ownership group) from third-party rental of the vehicle at times it is not at use by owners. Alice may also be responsible for 60% of maintenance expenses for the vehicle, such as oil changes, tire rotations, and repairs. Alice may also be responsible for paying 60% of the cost of fuel expended when the vehicle is rented. Other regular expenses associated with general use of the vehicle, such as a monthly parking or garage fee, may also be allocated in this way.
In contrast to shared expenses, some expenses associated with the vehicle may not be shared according to ownership proportion, but may be instead be allocated according to usage.
The table 200 shown in
From the table 200 of
In some implementations, certain expenses may be paid through the joint account rather than paid by an individual and then credited. For example, the management system in communication with the autonomous vehicle may be able to arrange for repair or maintenance services to be performed without the presence of an owner, and the fees for the services are disbursed directly from the account. Similarly, insurance or registration fees for the vehicle may be paid directly from the account rather than by a particular owner. Any such expenses would appear as proportional debits on owners' monthly statements, similar to those shown in
As a further refinement of the automatic paying of expenses, in some implementations, the system may automatically withhold a portion of the revenue earned from rental activities in order to cover projected expenses. This is in contrast to automatically paying the full balance of the earned income each period. Such projected saving would help reduce the possibility of users having to pay into the account to cover a shortfall when the projected expenses come due. Anything that could be paid automatically through the joint ownership account, from parking space rental to insurance to maintenance, could be included in this projected amount.
In some implementations, relative vehicle ownership interest may also be used to resolve priority when multiple owners request the vehicle for overlapping periods. In the given example, trip requests by Alice may normally be given priority over Ben or Cecil because of her majority ownership in the vehicle. This priority may not be absolute; trips reserved far enough ahead of time may be “locked in” once other users have an opportunity to submit a competing request and choose not to do so.
Furthermore, priority may in some implementations be based off of existing vehicle usage. For example, the number of hours that each owner has already reserved over the previous and current month may be compared against their relative ownership share to determine relative priority. One formula for a usage and priority score is:
S=p/h (1)
where S is the priority score, p is a value from 0 to 100 representing the percentile ownership in the vehicle, and h is the existing number of hours of reservations over the relevant period.
Applying Equation 1 to a particular example, consider if Alice has already reserved 50 hours of time over the relevant period, Ben has reserved 20 hours, and Cecil 15 hours. Using the formula, Alice's priority would be 1.2, Ben's would be 1.5, and Cecil's would be 0.7. Based on these scores, if Alice and Ben each wish to use the vehicle at the same time, the priority goes to Ben.
In some implementations, share size may represent a limit to free vehicle usage. For example, each owner may be capped as to the number of hours that can be reserved, based on ownership interest. The parties may agree, or the system may generate through typical usage, an amount of time per relevant period allocated for owners' use, and each user may be limited to reserving vehicle time equal to their fraction of that allocated time. As an illustrative example, Alice, Ben, and Cecil have agreed to allocate 80 hours a week to use by owners. Based on their 60%, 30%, and 10% ownership interests, Alice would be permitted to reserve up to 48 hours a week, Ben up to 24 hours, and Cecil up to 8 hours.
An owner may, in some implementations, exceed their usage allotment by compensating the other drivers as though they were a ride share customer. Some embodiments of this option may restrict the owner to the same reservation options and priority as a non-owner, so that other owners maintain higher priority for their private usage. Because of the owner's share of revenue, the percentage ownership may act as an effective discount for trips taken in the role of a ride share customer. For example, Ben takes trips in excess of his allotment and is charged $120, of which $100 is revenue (after expenses and fees) to be allocated to the owners. Ben will receive 30% of the revenue, or $30. The net cost to Ben for the ride is thus $90; in some implementations, the system may take this self-payment into account and only charge Ben $90. The $90 may also not be charged directly to Ben for immediate payment, but may be instead deducted as an additional expense on his next invoice for her ownership share of the vehicle.
For the system monitoring and managing the use of the vehicle both by the multiple owners and for rental by third parties, a number of factors are taken into account to assure that the vehicle is fairly and efficiently used.
The system receives a rental request to be evaluated for suitability with the jointly-owned vehicle (step 402). While the evaluative process is described as though a single rental request has been made, it will be recognized that the processes described may be adapted to many requests being managed by a larger system, in which optimization of services may include comparing the suitability of requests not only against the constraints of the vehicle management system but also against other requests.
If the request is immediate or in the near future, the system first checks to see that the vehicle is in use (step 404). In some implementations, owners may be able to take and use the vehicle when none of the users have scheduled a trip; if such a trip is in progress, the system rejects the rental request (step 406). Some implementations may allow rental requests further in advance, in which case the system request will be against scheduled and/or predicted usage rather than current usage of the vehicle. The owners may set rules about how far in advance a rental request is accepted, and how to resolve potential conflicts between rental requests for well in advance of a date and subsequent user requests that would be in conflict.
If the vehicle is available, then the system evaluates the planned and projected trips of owners 408. Planned and projected trips may include, in some implementations, not only trips placed on the schedule ahead of time, but also trips that the system determines are likely based on the owners' past behavior. For an example, the system observes that Ben has always taken an unplanned trip to a local bar when a particular sports team wins a game. Noting that a game is scheduled for later in the evening and that the team is projected to win, the system tentatively marks an evening trip from home to the bar, and a later trip back home, as projected trips for that day.
The requested rental is then checked to see if it fits within the existing schedule of owner trips (step 410). If not, then the request is rejected. In some implementations, the system can provide either the rental requestor or the owner whose trip has blocked the rental with the option of modifying their use of the vehicle to accommodate the other. For example, a rental request may result in the vehicle not being present to pick up Alice until 6:15 when she usually leaves the office at 6 pm. Alice is informed of this and chooses to allow the rental, spending an extra fifteen minutes at work.
In addition to the rental duration, the location of the rental destination may affect its suitability in some cases (step 412). For example, a trip that takes the vehicle far away from the owners' home area when the next scheduled trips are at home may not be an efficient use of the vehicle, particularly if the rental trip's destination point is unlikely to have fare opportunities back to the owners' home area. In some implementations, these distance restrictions may be automated based on scheduling and risk-reward optimization for rentals. In some implementations, the owners may set distance and trip length limitations based on their preferences for the availability of the vehicle. For example, the users could determine that the vehicle should never leave the greater metropolitan area for rentals without specific owner authorization, even if the schedule would allow it (such as overnight when no owner trips are planned for several hours).
Additional constraints may also affect the suitability of the vehicle for different rental requests. For example, in some embodiments, the vehicle may include one or more locked compartments that can be made available to passengers or instead may be secured from passengers. A trunk area, glove compartment, console, luggage compartment, or other space may be controlled either manually or automatically by the vehicle owners. Rental requests can include the quantity and size of possessions that must ride in addition to the passengers. If the owners have determined—either as general policy, or due to a specific scheduled need—that a compartment is not available to customers, then rental requests requiring luggage space in excess to what is made available can be rejected as not meeting the constraints of the vehicle.
If the rental request fits the system's identified constraints, then the owners are notified (step 414). Alert frequency may be set according to the preference of each owner and the nature of the rental and surrounding planned trips. For example, an owner can choose to only receive notifications the first time that a rental occurs but not for subsequent rentals occurring in the same series. An owner may choose to receive notifications happening within a certain duration of a planned trip by that owner, such as within an hour of the trip. Each owner can choose any notification method known in the art: an SMS or instant message, an email, an in-app notification, or the like.
Having notified the owners, the system accepts the request (step 416), and navigates the vehicle to the rental departure point at the appropriate time. In some implementations, the rental may be selected at least in part because an existing parking or standing spot for the vehicle is an appropriate departure point, and the vehicle is not required to move before receiving a rental passenger. In some implementations, the fee associated with the rental may be taken at the time that the system commits the vehicle to the trip.
On Sunday, Alice has planned to take a trip to the Pancake Palace for brunch, and the vehicle will wait for her until she is ready to return home. Depending on Alice's flexibility and the vehicle's settings, it may be made available only for short trips (fifteen minutes or less, for example) so that Alice will not have to wait long for the vehicle whenever she is ready to go.
The vehicle is free to take rentals near the home for most of the day Sunday, until Cecil's weekly grocery trip. While Cecil is shopping, the vehicle may again be made available on a constrained basis. Cecil also may have placed a “hard stop” on rental trips after a certain time, to assure that the vehicle is immediately available when he exits the grocery store laden with purchases.
Once Cecil returns home and unloads his purchases, the vehicle is made available for rental, eventually selecting trips that place it in the vicinity of the airport. The vehicle is waiting at the airport at the time that Ben's plane lands there and so is immediately available for Ben to take home.
The next morning, and on each weekday, Alice takes the vehicle to work downtown. The system accepts rental requests for downtown trips during the day on Monday and Tuesday. On Wednesday, the system navigates the vehicle for a scheduled service appointment uptown, and then accepts rental requests there. On all three days, the vehicle is available to take Alice home from work in the afternoon.
On Monday evening, Ben has a club meeting in Midtown and allows the system to rent the vehicle in that area until he is ready to come home. On Wednesday, Alice, home from work, hands the vehicle off to Cecil to take to dinner at the Kale Buffet. When he returns home, Alice then takes the vehicle out to downtown for an evening event. The vehicle takes rental requests downtown until Alice needs it to return home.
In this illustration, at least half of the vehicle's time and mileage on any given day is spent generating revenue for the owners, which is a significant increase in efficiency and value over a vehicle spending most of its time parked when not being used.
The data structures and code, in which the present disclosure can be implemented, can typically be stored on a non-transitory computer-readable storage medium. The storage can be any device or medium that can store code and/or data for use by a computer system. The non-transitory computer-readable storage medium includes, but is not limited to, volatile memory, non-volatile memory, magnetic and optical storage devices such as disk drives, magnetic tape, CDs (compact discs), DVDs (digital versatile discs or digital video discs), or other media capable of storing code and/or data now known or later developed.
The methods and processes described in the disclosure can be embodied as code and/or data, which can be stored in a non-transitory computer-readable storage medium as described above. When a computer system reads and executes the code and/or data stored on the non-transitory computer-readable storage medium, the computer system performs the methods and processes embodied as data structures and code and stored within the non-transitory computer-readable storage medium. Furthermore, the methods and processes described can be included in hardware components. For example, the hardware components can include, but are not limited to, application-specific integrated circuit (ASIC) chips, field-programmable gate arrays (FPGAs), and other programmable-logic devices now known or later developed. When the hardware components are activated, the hardware components perform the methods and processes included within the hardware components.
The technology described herein can be implemented as logical operations and/or components. The logical operations can be implemented as a sequence of processor-implemented executed blocks and as interconnected machine or circuit components. Likewise, the descriptions of various components can be provided in terms of operations executed or effected by the components. The resulting implementation is a matter of choice, dependent on the performance requirements of the underlying system implementing the described technology. Accordingly, the logical operations making up the embodiment of the technology described herein are referred to variously as operations, blocks, objects, or components. It should be understood that logical operations can be performed in any order, unless explicitly claimed otherwise or a specific order is inherently necessitated by the claim language.
Various embodiments of the present disclosure can be programmed using an object-oriented programming language, such as SmallTalk, Java, C++, Ada or C#. Other object-oriented programming languages can also be used. Alternatively, functional, scripting, and/or logical programming languages can be used. Various aspects of this disclosure can be implemented in a non-programmed environment, for example, documents created in HTML, XML, or other format that, when viewed in a window of a browser program, render aspects of a GUI or perform other functions. Various aspects of the disclosure can be implemented as programmed or non-programmed elements, or any combination thereof.
The foregoing description is provided to enable any person skilled in the relevant art to practice the various embodiments described herein. Various modifications to these embodiments will be readily apparent to those skilled in the relevant art, and generic principles defined herein can be applied to other embodiments. Thus, the claims are not intended to be limited to the embodiments shown and described herein, but are to be accorded the full scope consistent with the language of the claims, wherein reference to an element in the singular is not intended to mean “one and only one” unless specifically stated, but rather “one or more.” All structural and functional equivalents to the elements of the various embodiments described throughout this disclosure that are known or later come to be known to those of ordinary skill in the relevant art are expressly incorporated herein by reference and intended to be encompassed by the claims. Moreover, nothing disclosed herein is intended to be dedicated to the public regardless of whether such disclosure is explicitly recited in the claims.