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Self-Driving Car Pioneers Are Slowing Down After Crashes

  • Accidents are igniting debate over how to regulate industry
  • Regulators taking closer look at ride-hailing services: BNEF
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Race To Build Self-Driving Cars Accelerates

A series of high-profile accidents involving self-driving cars are slowing the mad rush into the autonomous vehicles business, according to a report issued Wednesday.

The accidents, some of them fatal, have ignited a debate about how to regulate the safety of self-driving vehicles and tempered the public’s expectations, Bloomberg New Energy Finance said in the report. They’ve also exposed the downside of rushing to market, prompting some in the industry to slow down, said Andrew Grant, a London-based analyst at Bloomberg New Energy Finance.