Obama administration ready to put $4B toward self-driving cars

The Obama administration on Thursday proposed a 10-year, $4 billion push to spark the development of self-driving cars, hoping to one day eliminate roadway deaths.

The U.S. Department of Transportation’s National Highway Traffic Safety Administration regulators said they would seek unified national regulations on self-driving cars.

Regulators are also encouraging automakers to run trials. NHTSA said it will consider granting exemptions from regulations to automakers for up to 2,500 self-driving vehicles for on-road, real-world testing.

The agency also plans to work with state governments and the American Association of Motor Vehicle Administrators within six months to develop cohesive state regulations for autonomous vehicles.