Self-driving car industry needs standards and security: executives
Andrea Shalal
FILE PHOTO - Ralf Speth, CEO of Jaguar Land Rover delivers a keynote speech at their 'Tech Fest' in London, September 7, 2017.
REUTERS/TOBY MELVILLE
FILE PHOTO: Signs are seen outside the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12, 2016.
REUTERS/PHIL NOBLE/FILE PHOTO
BERLIN (Reuters) - Automakers need standards for key equipment, a wide-reaching 5G broadband network and strong partnerships to make self-driving cars and electric vehicles a success, top European car industry executives said on Wednesday.
Ralf Speth, chief executive of Britain's biggest carmaker Jaguar Land Rover (TAMO.NS), outlined ambitious plans to stay ahead of the rapidly changing technological changes, but said the sector also needed unified and clear guidelines for safeguarding driver information and privacy.
Government and industry should work closely together to ensure success as the market evolves, Speth told a conference hosted by Automobilwoche magazine in Berlin.
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European carmakers are racing to keep up with the rapid pace of development in the self-driving and electric vehicle markets in the United States and China.
The changes sweeping the industry promise to bring "enormous progress to humanity," with autonomous cars offering mobility to many people now locked out of driving, such as the elderly and those with disabilities, Speth said.
But carmakers and suppliers would increasingly have to forge partnerships to meet the technological challenges involved, he said.
"No company alone can master challenges such as autonomous driving and connectivity on its own," Speth told Reuters after the conference, adding that companies will also need to keep investing in improving conventional engines, which will continue to power a majority of vehicles for years.
Volkswagen (VOWG_p.DE) and Ford Motor Co (F.N) are in "exploratory talks" to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, a person familiar with the matter told Reuters last week.
Speth also called for industry-wide standards for charging stations and cords, as well as vehicle communication systems.