Putting together the New Jersey Center for Automated Vehicles @ Fort Monmouth

1. Putting together the New Jersey Center for Automated Vehicles @ Fort Monmouth by Alain L. Kornhauser, PhDProfessor, Operations Research & Financial EngineeringDirector, Program in Transportation Faculty Chair, PAVE (P Autonomous Vehicle Engineering Princeton University Presented at Kick-off Meeting January 30, 2015

3. Quality of Life 101: Important Elements • Environment • Clean air, water, … • Employment • “High Quality” Jobs • Correlated with Crime/Personal Safety • Mobility • Personal Desire with Societal Oversight Priorities: Safety, Efficiency, Equity, Comfort, Convenience, …

4. Founding Premise • Automated Vehicle Technology can evolve such that: • If added to a single vehicle, • The probabilities that this vehicle will be involved in various types of accidents are substantially reduced. Overall the expected Liability Cost Savings ($L) attributed to those avoided accidents > Installed Cost ($C) of that Technology

5. Founding Premise If ($L) > ($C) of that Technology • Then there is an enormous Business Case for the adoption of that technology by that vehicle • and every other vehicle. • The technology more than pays for itself from the savings that it delivers. PLUS: • The created “High Quality” Jobs, • Improved Personal Safety • Avoided Personal Disruptions • Improved the Environment, and • Arguably Improved: Efficiency, Equity, Comfort, Convenience, … All Come for FREE!

6. Fundamental Focus of the NJ Center for AV@ Fort Monmouth: • Advancing AV Technologies that ($L) > ($C) • Facilitating Fundamental R&D on • enabling sensor and control technologies, and • Vehicle<->driver/rider<->WWW<->Vehicle… interface elements • Quantifying the Expected Accident Probability implications of those AV Technologies. • To enable positive insurance and risk mitigation interests to propel adoption that also greatly benefits • Testing and Certification of those AV Technologies • Support Technically the Public Oversight/Regulation of those AV Technologies • Support Technically the Commercialization of those AV Technologies

7. Assets We Have: • Enabling State Legislation S-734 passed NJ Senate 35-0 Assembly bill waiting to move. We can help.

8. Assets We Have: • Enabling State Legislation S-734 passed NJ Senate 35-0 Assembly bill waiting to move. We can help. • Option on Facilities McAffee Center 25 acre Campus 100,000 ft2 office 2 large 1st class garages Eastern Gated Test Site 80 acres Existing streets and buildings Limited use of Fort’s exiting roadways

9. Princeton University Center forResearch of SmartDrivingCars (CRS) at Fort Monmouth McAfee Complex 1250’ x 865’ ~ 25.8 acres Vehicle Bays McAfee Office Building ~ 100,000sf Support Buildings

10. Princeton University Center forResearch of SmartDrivingCars (CRS) at Fort Monmouth Exclusive Use Roadways Area ~ 60 acres Vehicle Bays McAfee Office Building ~ 100,000sf Support Buildings

11. Princeton University Center forResearch of SmartDrivingCars (CRS) at Fort Monmouth Mixed Use Roadways ½ The Fort ~ 1 sq. mile Exclusive Use Roadways

12. Assets We Have: • Enabling State Legislation S-734 passed NJ Senate 35-0 Assembly bill waiting to move. We can help. • Option on Facilities McAffee Center Eastern Gated Test Site Limited use of Fort’s exiting roadways • Many interested entities Universities: Princeton, UTRC2, U Md, Monmouth, NJIT Insurance: Munich Re, WSTIP, ICNJ, NJM, Technology Co: Siemens, MobilEye, Rosco, Soterea, Lam Cloud Foundations & Corporations: DCH Autogroup, Teen Safety Foundation, Comcast, Verizon, Public & non-Profits: NJ Transit, GCTC, APTA, ATRA, Consultants: HNTB, EPS, Public Sector: NJ DoT, MVC, PANYNJ, NJTPA, L&PS

13. Organizational Stucture: • Example: Insurance Institute for Highway Safety http://www.guidestar.org/ReportOrganization.aspx?personid=JOHN%20MULLEN&ein=53-0246204 • Mission Statement The Insurance institute for highway safety is an independent, nonprofit, scientific and educational organization it identifies and evaluates ways to reduce the human and economic losses resulting from motor vehicle crashes and communicates the results of that research to the public, federal, state, and local highway and vehicle safety officials, vehicle manufacturers, insurers, the media, the research community and others (IIHS) The NJ center for automated vehicles @ Ft. Monmouth is an independent, nonprofit, scientific and educational organization. It advances and evaluates automated vehicle technologies to reduce motor vehicle crashes and communicates the results of that research to the public, federal, state, and local highway and vehicle safety officials, vehicle manufacturers, insurers, the media, the research community and others (NJ CAV@FM)

14. Organizational Stucture: • Example: Insurance Institute for Highway Safety http://www.guidestar.org/ReportOrganization.aspx?personid=JOHN%20MULLEN&ein=53-0246204 • Impact Statement Research projects undertaken identify and evaluate methods of reducing the personal injuries and property damage resulting from the use of motor vehicles (IIHS) Research projects undertaken: • Advancing AV Technologies that ($L) > ($C) • Facilitating Fundamental R&D on enabling sensor and control technologies, and Vehicle<->driver/rider<->WWW<->Vehicle… interface elements • Quantify the Expected Accident Probability implications of those AV Technologies. • Test and Certify those AV Technologies • Support Technically the Public Oversight/Regulation of those AV Technologies, and • Support Technically the Commercialization of those AV Technologies (NJ CAV@FM)

15. Business Plan/Membership Stucture: • Example: Insurance Institute for Highway Safety : 501 C6 http://www.guidestar.org/ReportOrganization.aspx?personid=JOHN%20MULLEN&ein=53-0246204 • Membership: http://www.iihs.org/iihs/about-us/member-groups ~ 100 Members (Munich Re, USAA, Progressive, GEICO , … Not: WTSIP) & 3 “Funding Associations(American Insurance Association, National Association of Mutual Insurance Companies, Property Casualty Insurers Association of America )

16. Business Plan/Membership Stucture: Create a 501 c6 (Mon-profit Trade Association) Tax exempt Contributions not tax deductible Companies write-off contributions as business expense Revenue can not be funneled to a single partner/member Can participate in joint project with members as long as sponsoring entity funds Center and Member separately Proposed Membership levels For NJ-CAV@FT: Founding/Charter Members Supporting Members Affiliated Members Public Agency & Non-Profit Members University Members Associate Members

17. Business Plan/IPO (Initial Private Offering): All have an OPTION to Join at Chosen Level OPTION expires on April 1.

18. Budget

19. Value to Your Organization: Contributions from around the room

20. Overall Traditional Focus: Automated Collision Avoidance Center’s Activity Matrix Trucks Modal Dimension Transit Cars Research Certification Commercialization Sector Dimension

21. NJ-CAV@FM Market Focus: Automated Collision Avoidance Center’s Activity Matrix Trucks Individual Consumers Modal Dimension Transit Fleets Cars Research Certification Commercialization Sector Dimension

22. Initial Project Focus: Center’s Activity Matrix Trucks Individual Consumers Transit Modal Dimension Fleets Cars Research Certification Commercialization Sector Dimension

23. Next Steps • Vote: Keep going or punt? • If we aren’t punting: • Form an interim board of volunteers • Create 501 c6 • Draft bylaws • Draft a Strategic Plan • April 1 • See who has exercised their option • If sufficient have • Hire skeleton staff • Finalize deal with FMERA for facilities • Create on-going board • Finalize strategic and tactical plan

24. Discussion! Thank You alaink@princeton.edu www.SmartDrivingCar.com