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Michigan Approves More Funding for Autonomous Vehicle Test Center
The Michigan Strategic Fund has approved another $15 million in funding for the American Center for Mobility (ACM) to build an autonomous vehicle testing complex in Ypsilanti Township, Mich.
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The Michigan Strategic Fund has approved another $15 million in funding for the American Center for Mobility (ACM) to build an autonomous vehicle testing complex in Ypsilanti Township, Mich.
ACM now has raised more than $50 million for the planned $80 million project. Previous funding for the center includes the state's previous commitment of $20 and $15 million pledged last week by the Michigan Economic Development Corp.
ACM also is lobbying the federal government and the private sector for financial support. The center’s first corporate partner, telecommunications giant AT&T, is investing $4 million.
The latest cash infusion will support the construction of the first phase of the construction, which is due to be completed by year-end. Announced in early 2016, the 335-acre site eventually will include high-speed tracks, off-road areas and highway overpasses with multilevel interchanges to test self-driving cars in real-world situations.
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