Due to launch later this year, the laser-guided Geta Robot could soon make sloppy parking a thing of the past. The robot, which slides under the vehicle and slots it into snug parking spots that would be unfathomable for humans to manage, reportedly takes up 40% less space than manual parking would.

Created by the Shenzhen-based automated parking company Yee Fung  Technology, the robot is intended to increase what are already scarce parking spaces. “The robot can go everywhere without tracks. It is free and versatile, and will reform parking in the future,” Yee Fung’s chief executive Marco Wu told Reuters. According to Wu, the robot parks each vehicle in around two minutes and has 360 degree mobility, moving along without tracks. Rather than manually searching for parking spots, Geta is guided to the nearest parking spot by a computer that is equipped with a map.

With clear applications for commercial use – particularly in large multi-storey parking lots – the robot is expected to cost buyers over one million yuan (US $150,000). According to Wu, commercial property companies, public parking companies, developers and governments from Europe, the Middle East and Asia have already expressed interest in the company’s smart parking products. According to one report,, the China Parking System Manufacturers Association has estimated that the automated parking industry is worth over US $1.74 billion.

In 2015, vehicle ownership in China reached 279 million. With projections that Mainland China will have upward of 200 million cars by 2020, managing cars – whether on the streets or in parking spaces – is going to be critical.