Amazon.com's Zoox Self-Driving Vehicles Granted Exemption by US Regulator

MT Newswires Live
Aug 07

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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