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NHTSA Streamlines Autonomous Vehicle Approvals

On December 18, 2018, the US National Highway Traffic Safety Administration (NHTSA) said it issued a final regulation streamlining the review process. NHTSA eliminated a requirement that calls for the agency to determine that a petition is complete before publishing a summary for public comment. Deputy NHTSA Administrator Heidi King said in a statement that the “rule improves both the...

Autonomous Trucks Could Radically Transform US Logistics Within a Decade

McKinsey & Company, a global logistics think tank based in the United States and Europe, predicts that in about eight years autonomous trucks with no humans on board could be routinely operating in North America. That finding is the first of a five-part report on near-term technological disruption in global logistics. The report’s look at autonomous truck trends notes that trucking...

The vote by the Colorado Air Quality Control Commission enacts a June executive order by Gov. John Hickenlooper. NHTSA Terminates Self-Driving School Bus

Federal safety regulators last month demanded that the community stop carrying students on an autonomous shuttle designed to look like a school bus. A cease-and-desist letter sent by National Highway Traffic Safety Administration officials said using the vehicle for that purpose “puts the safety of children and others at risk.” Since the order, the shuttle has stopped its three-block...

How Insurance Markets Will Expand in the Age of Autonomous Vehicles

Though it’s estimated that by 2025 auto insurance premiums will drop by $25 billion as a result of the adoption of driverless cars, the insurance market is expected to recover through new lines of coverage, according to a report by market analyst Accenture released last year. In fact, new coverage lines will generate substantially more premiums than are lost – to the tune of almost $81...

How Autonomous Vehicles Could Shape Future Development

Autonomous vehicles are poised to dramatically change cities’ roads (from congestion to safety) and commuting patterns, but developers think the innovation will also have a profound impact on the types of buildings that can be constructed. According to ZOM Living CEO Greg West, the greatest constraining factor to urban real estate development is parking. Building entrances for people...

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