14 May UCLA Future of Transportation Panel [VIDEO]
THE FUTURE OF TRANSPORTATION “DELIVERING AN ECOSYSTEM THAT BENEFITS SOCIETY AND THE ENVIRONMENT”
from the 2022 Wilbur K. Woo Greater China Business Conference | UCLA Anderson School of Management
Feng An | Founder and Executive Director, Innovation Center for Energy and Transportation
Stella Li | Executive Vice President, BYD Company Ltd. and President, BYD Americas
Bill Russo | Founder and CEO, Automobility Ltd. and Chairman, Automotive Committee, AmCham Shanghai
MODERATOR: Terry McCarthy | CEO,American Society of Cinematographers; Former President and CEO, Los Angeles World Affairs Council
Description: To help minimize the environmental impact of transportation, governments and corporations need to align to deliver an ecosystem that benefits society as a whole. Around the world, government policy, consumer demand and shareholder activism, fueled by the climate crisis are accelerating the shift in electrification in mobility. China has become a global leader in smart cities and over the last decade, with targeted technological innovation, has developed smart city infrastructure and massively invested in the digital transformation of its cities. From driverless taxis to automated cargo trucks, autonomous vehicles (AVs) will change the nature of on-road driving and, in the process, revolutionize the automotive and mobility industries and facilitate the acceleration of mobility as a service (MaaS).
Panelists explained how the mobility sector would become ground zero for a convergence of industries that include automotive, transportation, software, hardware, and data services creating both opportunity and uncertainty for AV players from component vendors to mobility service providers. They also addressed the need for strategic cross-sector partnerships and suite of technology services driving innovation in software, solutions, and services, and spawning new opportunities for nimble and creative companies and discussed some of key challenges around infrastructure, customers, ROI and supply chain. The conversation was moderated by Terry McCarthy, chief executive officer of the American Society of Cinematographers and former president of the Los Angeles World Affairs Council.