NHTSA Opens Probe Into Amazon's 500 Zoox Vehicles Over Sudden Braking Concerns
Portfolio Pulse from Anan Ashraf
The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Amazon's Zoox autonomous vehicles due to reports of sudden braking that led to collisions. This probe concerns about 500 Zoox vehicles following two incidents where the vehicles' Automated Driving System (ADS) caused abrupt braking, resulting in rear-end collisions with minor injuries. Amazon, which acquired Zoox for $1.3 billion in 2020, has been advancing its robotaxi testing, aiming to offer public rides later this year.
May 13, 2024 | 11:31 am
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Amazon's Zoox autonomous vehicle division is under investigation by the NHTSA for sudden braking issues that led to collisions. This probe could impact Amazon's timeline for public rides and potentially affect investor confidence in its autonomous vehicle technology.
The investigation into Zoox's sudden braking issues by the NHTSA directly impacts Amazon since it owns Zoox. This regulatory scrutiny could delay Zoox's public ride offerings, affecting Amazon's investment in autonomous vehicle technology and potentially dampening investor enthusiasm due to safety and regulatory concerns.
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