A Chinese company is developing a robot that can help you park your car, saving you from choosing your next vehicle based on whether it has auto-parking.

Yee Fung Automation Technology’s robot simply hooks up to your car, elevates it off the ground and then transmits signals to a map on a computer to find an available space.

It then uses lasers to park in the tightest spots without causing a single scratch on the car or the posts between spaces.

However, it’s not your normal take-home robot. It’s actually been designed for use by carpark owners who need to maximise the space in their properties. After all, there’s nothing more annoying for them than when bad drivers park over two spaces, because let’s face it, they’re losing valuable pennies for every lost space.

“The parking robot is designed to increase parking space,” Yee Fung’s 33-year-old chief executive and brainchild of Geta, Marco Wu, told Reuters. “The robot can go everywhere … and will reform parking in the future,” they said.

The robot takes just two minutes to find a space and park the car, but it doesn’t need any extra installation, such as tracks in the carpark floor to make it work.

However, it will cost car park owners a pretty hefty 1 million yuan ($150,000), but it’s hoped it can eradicate issues of trying to find a space in many congested areas of the world including London.

“There are many companies interested in our products, such as commercial property companies in Singapore and London, public parking companies in the Middle East, and developers, governments, as well as public parking companies in China,” Wu said.