Amazon.com's (AMZN) autonomous vehicle unit Zoox has received an exemption from the US National Highway Traffic Safety Administration to demonstrate its driverless cars, the US regulator said in a Wednesday statement.
US auto safety regulators issued an exemption to federal vehicle safety standards for driverless cars manufactured by Zoox under a newly expanded Automated Vehicle Exemption Program, according to the statement.
"This is a win-win for safety and innovation. Under the leadership of President Trump, US companies like Zoox have a process to create and test their latest technologies. America - not China - can and will drive the future of self-driving cars forward," US Transportation Secretary Sean P. Duffy stated.
Amazon.com shares were up 3.6% in recent trading.
Price: 220.99, Change: +7.24, Percent Change: +3.39
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