News

Drones and Electric Cars

Bisnow had lunch with a small gathering of association executives this week and naturally the discussion veered to tech. (The world revolves around it, right?) Electric Drive Transportation Association president Brian Wynne says electric cars have been a huge disruptor of the auto industry. But there are some hurdles: how the industry contributes to the transportation infrastructure, tax incentives, and their sources of power. But he’s optimistic things will get ironed out simply because of how much love electric cars get from consumers. One perk is their torque, which is why he’s working on creating a worldwide sanctioned race with just electric cars.

Aerospace Industries Association CEO Marion Blakey, listening to former National Association of Manufacturers president Jerry Jasinowski, says her focus has been on drones. While the industry considers the technology exciting and disruptive, she says it has its detractors on Capitol Hill. People are fearful of privacy and weaponization. Other countries are leaping ahead. The European Commission has a goal of putting out regs on the introduction of drones in European air space by the end of this year. And Japan is already using them in agricultural. Congress has given the FAA until 2015 to offer regulations. Big thanks to Heidrick & Struggles and Smith & Wollensky for helping host this week's lunch.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Metropolis Is Bringing AI To The Parking Experience, And Property Owners Are Taking Notice

What's At Stake For CRE In Tuesday's U.S. Midterm

The Data Center Election That Matters Isn't In Congress

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age