Posted on Feb 11, 2016 in
Industry News |
Comments Off on New Taxes to Support Autonomous Vehicles
The Obama Administration has proposed a budget that includes a $10-per-barrel tax on oil, the stated purpose of which is to fund autonomous cars and improve traffic. This plan would provide over $2 billion per year for research on clean transportation, autonomous vehicles, and smart vehicle technologies, as well as an additional $20 billion a year to reduce traffic.