Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Exclusive-Two U.S. senators make new push to advance self-driving cars

Published 04/22/2021, 12:34 PM
Updated 04/22/2021, 01:15 PM
© Reuters. Senator John Thune (R-SD) speaks on Capitol Hill in Washington

By David Shepardson

WASHINGTON (Reuters) -Two U.S. senators are working to attach legislation to allow automakers to deploy tens of thousands of self-driving vehicles on U.S. roads to a bipartisan China bill, a significant reform that could help speed the commercial use of automated vehicles.

Senators Gary Peters, a Democrat, and John Thune, a Republican, have circulated a draft amendment seen by Reuters that would grant the U.S. National Highway Traffic Safety Administration (NHTSA) the power to initially exempt 15,000 self-driving vehicles per manufacturer from safety standards written with human drivers in mind. The figure would rise to 80,000 within three years.

The pair hope to win Senate Commerce Committee approval for their amendment on Wednesday when the panel takes up a bill to provide $100 billion in funding for science and technology research and development over concerns about maintaining U.S. competitiveness with China.

The amendment would also allow self-driving companies to disable human driving controls in vehicles when in full self-driving mode.

The amendment comes as concerns grow about a series of crashes involving Tesla Inc's (O:TSLA) driver assistance system Autopilot that handles some driving tasks but does not make a vehicle autonomous.

The bill says "the United States risks losing its technological leadership in the autonomous vehicle industry, which is a global market opportunity worth an estimated $8 trillion, unless it enacts policies to protect its leadership against the People's Republic of China and other competitors."

Peters, who chairs a subcommittee overseeing NHTSA, said in a statement the amendment will "ensure that the innovation and testing around autonomous vehicles can continue happening safely under the watchful eye of the Department of Transportation."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Thune and Peters have been working for four years to try to win congressional approval to make it easier to deploy self-driving vehicles.

"Providing the automotive industry with the tools they need to safely test and deploy automated vehicles across the nation will create thousands of jobs and generate billions of dollars in investment, not to mention the numerous safety benefits that AVs have the potential to provide," Thune said in a statement.

But the effort has faced opposition from some including the American Association for Justice, which represents trial lawyers, who argue the bill does not have enough safeguards to protect consumers rights.

Any bill "must include language preserving Americans' rights as they currently stand," the association told senators in a letter seen by Reuters. "Having the right to file a case in a public court of law incentivizes companies to act in the interest of public safety, and nowhere is this more important than within an emerging market in which the technology is new and largely untested."

After four years, manufacturers could ask NHTSA to expand the exemptions beyond 80,000.

General Motors Co (NYSE:GM), Alphabet (NASDAQ:GOOGL) Inc's self-driving unit Waymo and other automakers for years have urged Congress to make changes to facilitate the deployment of self-driving cars won U.S. roads. Current law allows NHTSA to exempt up to 2,500 vehicles per manufacturer.

Thune said opponents "should understand that our amendment is about bolstering US technological leadership to ensure we stay ahead of China in development, manufacturing, and deployment of AVs."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

I imagine they'll included a no liability clause for companies operation them so when people die the companies can't get sued.
Too much starwars.
We should test bio weapons on the citizens too, that would speed the process.
Moves like this will do far more for the technological advancement of the US then any government spending.  Although it is funny (or scary) how they have to introduce legislation to "allow" you to do something.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.