The Senate’s Commerce, Science and Transportation Committee has given its approval to new bill for self-driving cars.
The new self-driving car bill will allow automobile manufacturers to sell self-driving cars. However, there are some restrictions. First off, it doesn’t include semi-trucks. This is possibly due to safety concerns and pressure from unions.
The second restriction on self-driving cars that the bill introduces has to do with how many companies can sell. The bill would make it so that car companies could only sell . However, this increase over time until the limit is removed in the fourth year.
The approval from the Senate’s Commerce, Science and Transportation Committee puts the self-driving car bill one step closer to law. It already got pass from members of the House of Representatives earlier this year. Now it just needs a vote from the Senate and a signature from the President, reports Engadget.
Car makers have been pushing forward with tests of self-driving cars to prepare for the day when they are ready for commercial sale. General Motors Company (NYSE:GM) is reportedly preparing to release a commercial self-driving car
in just quarters.
It isn’t just automakers that have an interest in self-driving cars. Ride-sharing companies also want the tech to move forward. Lyft is already planning to test a service that uses the cars in California. Removing the driver from the equation will help the company reduce costs for its service.
You can learn more about self-driving cars at this link.
As of this writing, William White did not hold a position in any of the aforementioned securities.
