The past five years have been marked by tremendous growth in the
autonomous vehicle industry. While many jurisdictions continue to
jostle for leadership in the space, an even greater number of
original equipment manufacturers, technology companies and
start-ups are fast-tracking new Connected and Autonomous Vehicle
(CAV) technology with an eye to the huge profits to be made.
Regulators Balancing Innovation With Public Protection
Moving forward, legislators will be tasked with balancing
several competing needs: protecting the public, safeguarding data
and privacy, ensuring safety standards and creating regulatory
certainty, while leaving room for innovation in this highly
competitive industry.
