From Blade Runner to the Jetsons, autonomous vehicles have been a mainstay in movies set in the future. With Detroit and Silicon Valley leading the charge, these depictions will soon be reality in the not too distant future. While the Big Three in Detroit and the tech giants on the West Coast started out as rivals, that relationship has changed in recent years into more of a partnership as the geographic divide has started to blur. In 2016, General Motors acquired Cruise Automation, a San Francisco-based developer of autonomous vehicle technology for over $1 billion. In September 2018, the Renault-Nissan-Mitsubishi alliance announced that it would be incorporating Google’s Android operating system into future models. This is the first such partnership between an automobile OEM and Silicon Valley on infotainment/OS systems and represents the shift from competitors to collaborators.
After all the gloom and doom and worry, the United States, Canada and Mexico tweaked the North American Free Trade Agreement. Most importantly (apparently), they changed the name. Banished is NAFTA. In its place is the United States-Mexico-Canada Agreement (USMCA). USMCA might be a bit more cumbersome to say, but that might be the largest difference. Canada was convinced to join in after issues associated with the dairy market were worked out.
As we previously discussed in May, the European Commission has been considering proposals to significantly reduce CO2 emissions from vehicles. The draft law for vehicles proposed CO2 reduction targets of 15 percent by 2025 and 30 percent by 2030, with 2021 as a baseline. Last month, the Commission’s environment committee voted to increase the reduction percentages to 45% in 2030. The parliament’s vote on emissions targets was set for October 3, 2018. Continue reading this entry
On September 26, 2018, a record settlement was reached between Uber and the attorneys general of all 50 states and the District of Columbia over the company’s 2016 data breach. While this case presents an extreme example of corporate misconduct on behalf of its former management, this settlement is unique in the imposition of stringent privacy protection requirements that Uber must incorporate into its business practices. Continue reading this entry
The American automotive industry in no longer making your father’s Oldsmobile — not by a long shot.
Today, pushed by evolving consumer behaviors, transformative technologies, and global market pressures, the automobile industry has entered a new industrial revolution where ingenuity and opportunity coalesce, and the tools of the trade include adaptive cruise control, autonomous vehicles, and nanocellulose and cellular V2X technologies.