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TrustFinance Global Insights
Feb 03, 2026
2 min read
12

Self-driving company Waymo defended its safety record before a U.S. Senate committee following federal investigations into its vehicles. The Alphabet-unit highlighted its claim of having 10 times fewer serious injury crashes compared to human drivers while urging Congress to pass new legislation for autonomous vehicles.
Waymo executives warned that U.S. leadership in the autonomous vehicle sector is under direct threat from Chinese companies. Testimonies from both Waymo and Tesla emphasized that without updated regulations, China could dominate the trillion-dollar industry, shaping global standards and manufacturing for future transportation.
The hearing comes as both the National Highway Traffic Safety Administration and the National Transportation Safety Board have opened probes into Waymo. Simultaneously, companies are expanding robotaxi services and pushing for clearer federal rules to accelerate the deployment of autonomous vehicles without human controls.
The U.S. autonomous vehicle industry faces a critical juncture, balancing regulatory scrutiny with the urgent need to innovate against international competitors. The push for new legislation will be a key factor in determining whether the U.S. or China leads the future of autonomous driving.
Q: Why is Waymo testifying before the U.S. Senate?
A: To defend its safety record amid federal investigations and advocate for legislation to support the U.S. autonomous vehicle industry against Chinese competition.
Q: What is the main concern for U.S. AV companies?
A: The primary concern is falling behind China in the development and manufacturing of autonomous vehicle technology, a market considered strategically important and valued at over a trillion dollars.
Source: Investing.com

TrustFinance Global Insights
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