Qualcomm, FedEx, auto executives to propose transport policies for world in transition

In this news, we discuss the Qualcomm, FedEx, auto executives to propose transport policies for world in transition.

WASHINGTON (Reuters) – A group of business leaders and public policy experts are launching a new body to tackle the thorny issues surrounding the future of transportation, including autonomous and electric vehicles.

The Commission on the Future of Mobility, reported earlier by Reuters, was officially unveiled on Friday. The group plans to propose a new regulatory framework to address a global transport sector “at the dawn of a global transition driven by shared, connected, autonomous and electric technologies”.

Alisyn Malek, executive director of the commission, told Reuters the goal was to tackle tough issues and improve security.

“Let’s get everyone together to discuss how we want the flow of people and goods to actually work,” Malek said in an interview.

Self-driving cars and delivery trucks, parcel drones, air taxis, connected vehicles, and Hyperloop systems are among the advancements in transit that could revolutionize travel.

Traffic accidents remain a major problem. The World Health Organization estimates that 1.35 million people die and 20 to 50 million are injured in vehicle crashes each year.

The committee will be co-chaired by Jared Cohon, President Emeritus of Carnegie Mellon University, former Ford Motor FN CEO Jim Hackett and Transdev Group CEO Thierry Mallet.

“Progress can only continue if we modernize how policies and regulations work,” Hackett said.

Governments, including the United States, have struggled to pass regulations allowing large-scale adoption of next-generation transportation like self-driving cars amid safety concerns.

Regulators are increasing fuel efficiency requirements, while California and many European countries want to end sales of gasoline passenger vehicles by 2035.

The commission said in a position paper that “current regulatory requirements governing fuel economy standards and vehicle safety do not reflect the transformation that is occurring in powertrains, range and mobility models.

The group wants to recommend in 2022 “a regulatory framework in the post-2025 US, European and Asian markets that reflects and facilitates the technological transformation underway” for emissions and safety regulations.

Richard Kramer, CEO of Goodyear Tire & Rubber GT.O, Fred Smith, CEO of FedEx FDX.N, and Steven Mollenkopf, CEO of Qualcomm, will be on the commission, as will José Muñoz, CEO of Hyundai Motor 005380.KS. He expects to add members before it kicks off in February.

The commission is housed within SAFE, a non-partisan organization specializing in energy security issues.

SAFE CEO Robbie Diamond said the goal was to rethink everything. “If you were to rewrite regulations and policies from scratch knowing what we know about technology today… what would you do differently?” He asked. “We want to think big.”

Reporting by David Shepardson; Editing by Michael Perry and Tom Brown

Original © Thomson Reuters

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