Federal Government set to spend 4 billion on autonomous vehicle development
The federal government rarely goes all out on funding technological ventures but they have decided to fund the autonomous vehicle development programs heavily, as indicated by the budget reports. A lot of states across the union have been encouraging car makers to design the perfect autonomous vehicle capable of traversing the American roads without any flaw or incompetency. It’s worth mentioning here that US is indeed a big name when it comes to designing and testing the technology required to design such vehicles.
Federal government will fund the autonomous vehicle development:
The CEO of Tesla Motors, Elon Musk recently said that specifically California is the go-to place if you want to check out the latest developments in the autonomous vehicle development department. However, he also readily agreed that there is still need for a lot of enhanced advancements in order for the venture to produce goods that can be considered perfect.
Obama has listened to Musk’s addresses apparently and has realized the importance of developments in this paradigm. He has shown great interest in making great investments in the transportation system that is equipped to support the humans of the 21st century.
The U.S. transportation Secretary Anthony Foxx has acted on the commitment the government made by announcing a 10 year program that could be worth around 4 billion dollars dedicated for accelerating the autonomous vehicle development program and this is excellent news for each and every single one of us.
Even though, the autonomous vehicles were in the beginning targeted at a smaller niche of disabled people, now it’s becoming hugely popular among people from all demographics. This huge dedication of government funds to the program highlight the fact that the government too is aware of the importance of success in this domain. Here’s hoping that we see tangible success soon.
