By Mark Schaub King & Wood Mallesons’ Corporate group

Why is China Relevant for International Companies?

China will be too big for international autonomous car suppliers and service providers to ignore. Biggest automotive market, continued strong growth, right infrastructure, ability for government to implement, early adopter consumers, popularity of car sharing and sharing economy, new and innovative companies on the rise all point to China being pivotal to the development of autonomous cars.
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By Mark Schaub, Atticus Zhao and Jerry Wang King & Wood Mallesons’ Corporate & Securities group

Many countries recognize the significant road safety, economic and environmental benefits that automated driving technologies may bring. As a result the eventual roll-out of autonomous technology is awaited with great eagerness but before automated driving vehicles can be commercially launched they will need to undergo strict technical and road tests to ensure their safety.
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