If you want to operate a robotaxi you may have to carry a $5 million insurance policy - 200 x what a human has to carry!
— that’s because the state will require any self-driving cars to carry at least $5 million worth of liability insurance. For those keeping score,The new rule went into effect in Seattle on 01 January, 2023, and also requires companies to self-certify with the city and obtain a permit to operate. The company’s vehicles must also operate with clearly visible logos, making it easier for members of the public to identify them.
For the moment, the Washington State Department of Licensing lists only three companies currently registered to operate fully self-driving vehicles. These are: NVIDIA Corporation, Waymo LLC, and Zoox, Inc.. And, for their part, Zoox leadership seems to remain eager to test its vehicles in Seattle. “Seattle gets more rain than San Francisco,” said Amazon’s Zoox, Inc. in a statement.
“A calm sea has never produced a skilled sailor, and it’s exactly the same principle for our technology,” continues Kai Wang, Director of Prediction at Zoox. “The challenges of Seattle will allow us to refine our software stack and ultimately improve the behavior of our vehicles.” The move to beef up insurance requirements for self-driving vehicles and robotaxi fleets comes on the heels of
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