GOTHENBURG, Sweden – Volvo Group Venture Capital has invested in Autotech Ventures, a U.S. venture capital fund focusing on startups in the $3-trillion ground transportation sector. Autotech Ventures currently manages investment worth more than $200 million, Volvo said. The Autotech…
OTTAWA, ON – Canada is ill-prepared for the arrival of autonomous and connected vehicles – even though driverless cars are already a reality, Canada’s Senate Committee on Transport and Communications has concluded.
The committee responded this week with 16 recommendations to help prepare for the technology to come, calling for such things as a national strategy and cybersecurity measures to maintain public safety and confidence.
“We are on the cusp of a transportation revolution, and Canada must be ready. Cities were ill-prepared when ride sharing came to Canada. We cannot afford to repeat this mistake,” said Senator Dennis Dawson, deputy chairman of the committee.