Tesla Stock Rises as US Moves to Ease Rules for Self-Driving Cybercab
- The U.S. agency responsible for vehicle safety announced plans to expedite the approval process for autonomous vehicles that operate without conventional human controls.
- The exemption process, which requires automakers to seek relief from Federal Motor Vehicle Safety Standards, has delayed deployment due to years-long reviews and regulatory red tape.
- This change follows industry frustration, notably Tesla's need for exemptions to launch its self-driving Cybercab and robotaxi fleet, including an initial Austin rollout using self-driving Model Y SUVs this month.
- NHTSA stated it expects most exemption decisions within months rather than years, aiming to accelerate automated vehicle development, and Tesla’s shares rose 1.5% amid this news.
- This streamlined process could significantly advance automated vehicle deployment but also raises transparency questions as the current administration looks to reduce Biden-era crash reporting requirements.
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DOT Streamlines Autonomous Vehicle Approval Process
When we talk about autonomous vehicles, that can mean a lot of things — including an existing car, truck or SUV that can be driven by a human or by software. There’s a separate class of autonomous vehicles that cut human operators out entirely, though, with Tesla’s Cybercab — a vehicle that lacks pedals or a steering wheel — being the best-known example. And for Tesla and similarly-minded automakers, it’s about to get significantly easier to get…
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