12:15 AM IST
Forty countries including Japan have agreed on a draft U.N. regulation for advanced emergency braking systems (AEBS) for new cars and light commercial vehicles from early 2020, which the European Union says it will implement from 2022, a U.N. agency said on Tuesday.
The new regulation, compulsory for countries that adopt it at a June session, will impose strict and harmonised requirements for automatic braking at speeds of up to 60 kms per hour to save lives, especially in urban settings, the U.N. Economic Commission for Europe (UNECE) said.
Japan and the EU have said the new AEBS system will become mandatory, representing some 4 million and 15 million new cars respectively each year, the statement said.
"It activates the brake to stop a crash and that`s it ... It will not drive, it will brake," UNECE spokesman Jean Rodriguez told a briefing. There will be no obligation to retrofit older vehicles, he said.
Japan and the EU have said the new AEBS system will become mandatory, representing some 4 million and 15 million new cars respectively each year, the UNECE statement said.
More than 9,500 fatalities were recorded in car crashes in cities in the EU in 2016, 40 percent of them pedestrians, it said.
The United States, China and India - which have huge domestic carmakers - are not part of the original 1958 agreement on which the latest regulation builds, Rodriguez said.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
Top 6 Largecap MFs with up to 39% Return in 6 Months: No. 1 fund has turned Rs 20,000 monthly investment into Rs 1,31,527
)
Power of Rs 13,000 SIP: How long will it take to turn Rs 13,000 monthly investment into Rs 5,00,00,000 corpus?
)
Top 5 Midcap Mutual Funds With Best SIP Returns in 7 Years: Rs 13,000 monthly SIP in No. 1 fund has led into Rs 31.02 lakh wealth
)
Rs 19 Lakh Lump Sum Investment in Mutual Funds: How many years can it take to create a Rs 1 crore, Rs 2 crore & Rs 3 crore corpus?
)
10 Stocks To Buy For Long Term: Analysts recommend largecap, midcap, smallcap scrips; Glenmark Pharma, TCS on the list
)
SGB Gold Bond vs Top Gold ETF: Which has given higher return on Rs 5 lakh investment in 5 years? See returns and calculations
12:15 AM IST