Obama proposes $4bn for driverless car development

Posted on 15 Jan 2016 by Michael Cruickshank

President Obama has proposed yesterday significant new funding for the development of driverless cars within the US.

Announced by the US Department of Transportation (DoT), the funding will total $4bn and will be spent over a 10 year period. Primarily, the money will be used to accelerate the development of driverless car technology through the funding of pilot projects and a new regulatory framework. “We are on the cusp of a new…

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