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Primary Economic Beneficiary of Self-Driving Cars in UK by 2026
5
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UK's Automated Vehicles Act Becomes Law on 20 May 2024, Paving Way for Self-Driving Cars by 2026
May 20, 2024, 05:06 PM
The UK's Automated Vehicles Act has officially become law on 20 May 2024, setting the stage for the introduction of self-driving cars on British roads by 2026. The legislation, which received Royal Assent, establishes a comprehensive legal framework for the deployment of autonomous vehicles, including clear guidelines on safety and liability in the event of crashes. The act is expected to significantly boost the self-driving industry in the UK, which is projected to be worth up to £42 billion and create 38,000 skilled jobs by 2035. This landmark legislation follows seven months of parliamentary scrutiny and over five years of preparation by the Law Commission. The new law aims to improve road safety and stimulate economic growth, marking a major milestone in the UK's transport history.
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