On Tuesday, Arkansas state officials and members of its private sectors took steps to establish the state as a leading destination for companies that want to build future mobility technologies. In a press conference, Arkansas Gov. Asa Hutchinson announced the formation of the Future Mobility Advisory Council, geared toward attracting businesses and innovators to Arkansas to develop the state into a global giant in next-generation transportation.
For its chairperson, the council appointed Cyrus Sigari, co-founder of UP Partners, and an executive chairman of JetAviva. Other companies with seats on the committee include Walmart (NYSE: WMT), Canoo (NASDAQ: GOEV), J.B. Hunt (NASDAQ: JBHT), Entergy (NYSE: EAI), the Arkansas Trucking Association, the Arkansas Auto Dealers Association, the University of Arkansas, Southern Arkansas University Tech, and several state agencies.
