- The U.S. National Highway Traffic Safety Administration issues a final regulation streamlining the review process for self-driving vehicles and whether automakers can deploy vehicles without controls like brakes or steering wheels.
- The NHTSA eliminated the need for the agency to determine a petition is complete before publishing the summary for public comment.
- Automakers can petition for an exemption for up to 2.5K vehicles for safety standards as long as those vehicles are as safe as existing models.
- GM (GM +0.3%) filed a petition with the NHTSA seeking an exception to use fully automated vehicles in the ride-hail fleet it plans to debut next year. The agency hasn't declared the petition complete or publish a summary.
- Other autonomous vehicle players: Alphabet's (GOOG +1.2%)(GOOGL +1.3%) Waymo, Uber (UBER), Toyota (TM +0.3%), Ford (F -0.9%).