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Source: Cavnue

Michigan plans to develop a 40-mile stretch of highway dedicated to connected and autonomous vehicles between Detroit and Ann Arbor.

Why it matters: The corridor would be the first in the nation, improving transit access for people who live and work along the route.

  • Automated and connected buses, shuttles and freight trucks would run in dedicated lanes along the Interstate 94 corridor, linking the University of Michigan to Detroit Metropolitan Airport and the city's downtown.

Details: The project will be led by Cavnue, a newly formed subsidiary of Sidewalk Infrastructure Partners, a high-tech infrastructure company funded by Alphabet and the Ontario Teachers' Pension Plan.

  • Several automakers and autonomous driving startups will serve on an advisory committee, including Ford, GM, Argo AI, Arrival, BMW, Honda, Toyota, TuSimple and Waymo.
  • The project will take a while to get up and running; organizers say they'll spend the first two years testing technologies and exploring roadway designs and financing models.

What they're saying: "We are taking the initial steps to build the infrastructure to help us test and deploy the cars of the future," Michigan Governor Gretchen Whitmer said in a statement.

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Illustration: Eniola Odetunde/Axios

President Donald Trump and Democratic challenger Joe Biden would likely steer automotive policy in different directions over the next four years, potentially changing the industry's road map to the future.

Why it matters: The auto industry is on the cusp of historic technological changes and the next president — as well as the next Congress — could have an extraordinary influence on how the future of transportation plays out.

46 mins ago - World

Putin foe Navalny to be detained for 30 days after returning to Moscow

Russian opposition leader Alexey Navalny. Photo: Oleg Nikishin/Epsilon/Getty Images

Russian opposition leader Alexey Navalny has been ordered to remain in pre-trial detention for 30 days, following his arrest upon returning to Russia on Sunday for the first time since a failed assassination attempt last year.

Why it matters: The detention of Navalny, an anti-corruption activist and the most prominent domestic critic of Russian President Vladimir Putin, has already set off a chorus of condemnations from leaders in Europe and the U.S.

Biden picks Warren allies to lead SEC, CFPB

Photo: Justin Sullivan/Getty Images

President-elect Joe Biden has selected FTC commissioner Rohit Chopra to be the next director of the Consumer Financial Protection Bureau (CFPB) and Obama-era Wall Street regulator Gary Gensler to lead the Securities and Exchange Commission (SEC).

Why it matters: Both picks are progressive allies of Sen. Elizabeth Warren (D-Mass.) and viewed as likely to take aggressive steps to regulate big business.