National Highway Traffic Safety Administration Issues First Federal Automated Vehicles Policy To Guide Industry

Foreign investment in the People’s Republic of China (the “PRC”) is either restricted or prohibited in In the near future, the Office of Management and Budget will likely approve the National Highway Traffic Safety Administration’s (“NHTSA”) request to collect data from the automated vehicle (“AV”) industry. Upon completion of the required analysis, the Office of Management and Budget will have acknowledged that the NHTSA has complied with the Paperwork Reduction Act. The completion of this process marks a pivotal point in the NHTSA’s development of a uniform federal guide for the burgeoning AV industry.