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A self driving Volvo vehicle moves along the streets of Scottsdale, Arizona, U.S., December 1, 2017.  Photo: Reuters / Natalie Behring

U.S. Transportation Secretary Pete Buttigieg on Wednesday said federal policy on autonomous vehicles will undergo "meaningful" developments in the coming years, saying policy frameworks had not fully caught up with technological developments.

Speaking at the South by Southwest music, technology and film festival (SXSW), Buttigieg said regulation had to set boundaries for self-driving without stifling innovation in an industry that "is still largely in its infancy."

Image: A self driving Volvo vehicle moves along the streets of Scottsdale, Arizona, U.S., December 1, 2017. Photo: Reuters / Natalie Behring