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Ford Motor Options Spot-On: On December 20th, 126.59K Contracts Were Traded, With 3.47 Million Open Interest
USA Institutions plan to simplify the review process for the deployment applications of autonomous Autos.
The National Highway Traffic Safety Administration (NHTSA) proposed a new process on Friday to streamline the review of applications from Auto Manufacturers for deploying Self-Driving Cars. According to USA law, if fully autonomous vehicles require human control, approval from NHTSA is not necessary. Reportedly, NHTSA has the authority to approve up to 2,500 Self-Driving Cars from each Auto Manufacturer to operate on USA roads, a process that has taken years with several applications reviewed but none actually approved. Over the years, the USA Congress has attempted to make it easier for Self-Driving Cars to be deployed on USA roads but has consistently faced obstacles. Recent reports indicate that
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Express News | RPT-NHTSA Proposes National Program for Vehicles With Automated Driving Systems -Statement
Update: General Motors, Others Gain as Motor Vehicle Safety Regulator Holds Back on Recall of Airbag Inflator