👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

China releases safety guidelines for autonomous public vehicles

Published 12/05/2023, 10:42 PM
© Reuters.
TSLA
-
NIO
-
LI
-
XPEV
-

China released safety protocols on Tuesday governing the deployment of self-driving vehicles in public transportation, marking another step in readiness for the growing integration of autonomous cars.

The guidelines cover self-driving vehicles designated for transporting passengers, such as taxis, and those involved in freight transportation, as highlighted by the Ministry of Transport's official statement.

They specifically address vehicles operating at different levels of automation, stipulating a mandatory requirement for them to have a minimum of one driver or security inspector on board.

Additionally, the regulations necessitate that enterprises using autonomous vehicles for public transportation must possess the necessary qualifications and licenses. Moreover, the guidelines explicitly endorse collaboration between companies and automakers in conducting these operations.

China, as the world's biggest automotive market, has been meticulously outlining standards and regulations for autonomous driving. The objective is to develop a comprehensive system capable of accommodating assisted and autonomous driving features by 2025.

Additionally, there are plans to introduce standards conducive to the advancement of autonomous driving applications and establish a safety assurance framework by 2030.

In a recent announcement, China gave permission for road trials of intelligent connected vehicles. Back in October, the country released guidelines specifically for highway engineering infrastructures, aimed at supporting the integration of autonomous driving technology.

Also, in July of the same year, China issued directives concerning the standardization of intelligent connected vehicles, further establishing its strategic approach to the field.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.