By Mark Schaub, Atticus Zhao, Wenyu Shan King & Wood Mallesons’ Finance & Capital Markets group

The development of advanced automated vehicle safety technologies, including fully self-driving cars, will be the greatest change to personal transportation since the introduction of the personal automobile nearly a century ago.[1]

Although humans love cars they do not seem to be particularly adept at driving. Surveys have found that some ninety percent of motor vehicle crashes are caused at least in part by human error.[2] Accordingly moving the driving from humans to autonomous vehicles may improve safety and save lives. 
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