The Arizona Chamber Foundation released a new policy brief Monday that indicates the new decade is likely to see substantial growth in Arizona’s autonomous vehicle industry.

“Economic Impacts of Advancing Arizona’s Competitive Position in the Autonomous Vehicle Industry,” the analysis authored by economist Jim Rounds and his team at Rounds Consulting Group, said Arizona is well positioned to capture a disproportionate percentage of the long-term economic benefits of the industry.

“Autonomous vehicle technology and testing has been growing in Arizona because of a strategic effort by the governor and other state and local lawmakers,” Rounds said. “When new technology is being developed such as AV, those early entries into the development process tend to earn a higher share of future economic activity.”

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