Autonomous vehicle company. This hearing is just over two hours. At emerging innovations in Automotive Industry. This is about two hours. Good morning. One of the privileges of leading a committee with a jurisdiction as broad of that as the commerce committee, sometimes our work takes us off capitol hill and into the real world. In recent years we have held many. While we have not traveled quite herer today, what we are to discuss is no less important. Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to enable substantial growth. Key benefits include improved safety, new jobs, new transportation opportunities and reduced congestion. Automate
On your screen is senator john thune of south dakota. Theyre holding a field hearing today. Senators are going to learn about automotive innovations, including selfdriving cars. Witnesses include representatives of businesses in the automotive and Autonomous Vehicle field and the head of florida poly tetechnic universi. Theyve just gotten under way. Policymakers must take a careful approach to these new technologies. We must allow innovation to thrive while also ensuring the technology is safe and reliable. We must also refrain from favoring one technology, business model, or type of company over another so as to avoid locking in technology before innovation and market choices can take place. The bipartisan av start act, which senator peters and i introduced, accomplishes these goals by building on the existing Regulatory Framework to prioritize safety through increased reporting and oversight, thus promoting Public Safety and Building Public confidence and trust. At the same time, the
Cspan. Org, or on our free radio app. Next, we take you to the washington, d. C. Convention center where the senate commerce, science and Transportation Committee held a field hearing today. They looked at emerging innovations in Automotive Industry. This is about two hours. Good morning. One of the privileges of leading a committee with a jurisdiction as broad of that as the commerce committee, sometimes our work takes us off capitol hill and into the real world. In recent years we have held many. While we have not traveled quite herer today, what we are to discuss is no less important. Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to en
Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to enable substantial growth. Key benefits include improved safety, new jobs, new transportation opportunities and reduced congestion. Automated vehicles offer perhaps the largest potential gains in all these areas. More than 37,000 people lost their lives on u. S. Roads, a troubling increase from the year before. Many crashes were the result of human error. Asleephich cannot fall or become distracted, could potentially save thousands of lives every year. May spur economic activity. The wide adoption will spur a new passenger economy worth 7 trillion over the next few decades. To they will pro
The 2013 county wide trands portation plan and mayor lees 20 30 Transportation Plan. The plan by the mayors working group called for 3 part strat agcomprised of the transportation bonds, a sales tax and vehicle license fee. The first leg of the strat agis noted, transportation bond passed already and focus on state of good repair and safer streets. This is only a downpayment of a dramatically larger fundsing need and need to follow up with the second leg, a transportation sales tax. By extended from 15 to 25 years we can address several additional priorities such as vision zero, munis equity strategy, muni vehicle and Facilities Needs and regional investment included cal train electrification, bart vehicle needs as well as 101 corridor managed lanes for buses and carpool. On the topic of regional investment Contra Costa County decide today move ahead with revenue measure and santa clara is on track to make that decision in june. Alameda passed its half cent sales tax in 2014 so it is c