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Stocks That Stand To Benefit As Lawmakers Call For Car-To-Car Chat Capability
Wednesday, December 14, 2016 - 9:51am | 459The U.S. Department of Transportation has proposed a rule to deploy vehicle-to-vehicle communication (V2V) technology in light vehicles to reduce crashes by helping vehicles “talk” to each other. Problem-Solving Through Communication “This long promised V2V rule is the next step...
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Will Obama's Proposed $4 Billion Spending Plan Help Autonomous Vehicle Makers?
Friday, January 15, 2016 - 9:33am | 511This week, U.S. Secretary of Transportation Anthony Foxx announced that the Obama administration was planning a near $4 billion spending bill that will spur the development of autonomous vehicles. The announcement suggests that the federal government is looking to get involved in propelling the...
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U.S. Government Announces Self-Driving Program, Will Create Decade Long Program To Support New Technology
Thursday, January 14, 2016 - 3:27pm | 175The U.S. Department of Transportation Secretary Anthony Foxx was a keynote speaker at the Detroit Auto Show on Thursday. According to Engadget, Foxx announced that beginning in 2017, $4 billion will be allocated to create a decade-long program towards advancing the new technology. In an...