A security guard keeps watch as he walks past a logo of Google at an exhibition stage during the 4th China (Shanghai) International Technology Fair 2016 in Shanghai, China, April 21, 2016
Alphabet Incâ€™s Google unit (GOOGL.O), Ford Motor Co (F.N), Volvo Cars and two ride-sharing companies said Tuesday they are forming a coalition to urge federal action on self-driving cars
The coalition, which also includes Uber Technologies Inc [UBER.UL] and Lyft, is “to work with lawmakers, regulators, and the public to realize the safety and societal benefits of self-driving vehicles.”
The group said David Strickland, the former top official of the U.S. National Highway Traffic Safety Administration, will serve as the coalitionâ€™s counsel and spokesperson. “The best path for this innovation is to have one clear set of federal standards, and the coalition will work with policymakers to find the right solutions that will facilitate the deployment of self-driving vehicles,” Strickland said in a statement. Sweden-based Volvo Cars is owned by Chinaâ€™s Zhejiang Geely Holding Group Co GEELY.UL.
SOURCE ; Standard Digital