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☆ Tesla under investigation by California attorney general over Autopilot safety, marketing
▼ + stars: | 2023-07-26 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

Elon Musk, Tesla boss, runs to a Tesla at the Tesla Gigafactory construction site. The California attorney general's office is investigating Tesla , seeking information from customers and former employees about Autopilot safety issues and false advertising complaints, CNBC has learned. Wester isn't the only Tesla customer to be contacted by analysts with the attorney general's office after voicing safety and related concerns. The person had previously voiced concerns about Autopilot and FSD safety issues at Tesla and publicly. While the company has previously identified "requests from the DOJ for documents related to Tesla's Autopilot and FSD features," Tesla has not disclosed that the California attorney general was investigating the company.

Persons: Elon, Tesla, Greg Wester, Wester, Rob Bonta's, Musk, It's Organizations: CNBC, Tesla, Federal Trade Commission, FTC, California, FSD, Consumer Sentinel Network, National, Traffic Safety Administration, National Transportation Safety Board, SEC, Department of Justice, The California Department of Motor Vehicles Locations: Grünheide, Berlin, California, U.S, Fremont, Austin , Texas, Palo Alto , California

☆ 28-year-old self-made billionaire started his self-driving car company in his parents' garage—now he's worth $1.6 billion
▼ + stars: | 2023-07-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

When Austin Russell was a 17-year-old high school student, he founded Luminar Technologies, which makes laser sensors that can help self-driving cars detect nearby objects. Now 28, Russell is the world's youngest self-made billionaire, according to Forbes, as Luminar competes with major companies like Tesla and Alphabet's Waymo. But self-driving cars aren't exactly commonplace on American roads, meaning Russell and Luminar have a lot of work ahead of them, despite their lofty valuations. How it differs from Tesla's approachElon Musk's Tesla also seeks to popularize self-driving cars, and Musk's approach to the technology is entirely different. Lidar could potentially change that, Russell says: Cameras can be helpful "for certain use cases," but lidar is "a huge step forward."

Persons: Austin Russell, Russell, Waymo, —, Luminar, Elon Musk's Tesla, Mario Herger, Herger, Tesla Organizations: Luminar Technologies, CNBC, Forbes, Benz, Volvo, Stanford University, Thiel, Washington Post Locations: Orlando , Florida, U.S

☆ Top Wall Street analysts see solid potential in these five stocks
▼ + stars: | 2023-07-23 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Bachman reiterated a buy rating on Salesforce and raised his price target to $255 from $245. DellPersonal computer makers, including Dell (DELL), have been facing significant headwinds, as the demand for desktops and laptops plunged following a pandemic-driven rush. Ho raised the price target on DELL to $60 from $48 and reiterated a buy rating. In line with his bullish stance, Rakesh increased his price target for RIVN to $30 from $27 and maintained a buy rating. Rakesh raised his price target for MBLY to $48 from $43 and reiterated a buy rating on the stock.

Persons: Mike Blake, Keith Bachman, Salesforce, Bachman, Sidney Ho, Ho, Rivian, Vijay Rakesh, Rakesh, Mobileye, bode Organizations: Reuters, BMO Capital, Service, Dell, Deutsche Bank, Solutions, Gartner, DELL, Mobileye, EV, Geely Automobile, Porsche, Volkswagen Locations: San Diego , U.S, 2H23E, Israel

But self-driving cars powered by AI are not the only change — AI technology is already being infused into vehicle production. CNBCFurther down the line, AI technology checks to ensure every stud is precisely placed, according to BMW Group Manager Curtis Tingle. A BMW worker at the AI Stud Correction Station. CNBCAccording to Tingle, the AI stud correction laser has already saved the company more than $1 million a year. BMW told CNBC the AI technology is patent pending and was developed inside the Spartanburg plant.

Persons: Curtis Tingle, Tingle, Camille Roberts, Roberts Organizations: BMW Group, CNBC, BMW, BMW Group's, cnbc Locations: BMW'S, Spartanburg, South Carolina, U.S

☆ Across rural America, data center development booms as investors race to cater to artificial intelligence
▼ + stars: | 2023-07-21 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

Data center development is booming and AI is expected to stoke already growing demand. Demand is sapping power grids in major markets and pushing data center development across the US. The project's neighbors include Google, Meta, Microsoft, and Amazon – all of whom have similar plans, or are already underway with major data center projects. The message came after a torrid period of growth by the data center industry in that region. Wes Swenson, Nova's CEO, said the Reno region was becoming increasingly popular for data center development because of its access to power.

Persons: Matt McCollister, Martin Peck, Lincoln Rackhouse, Peck, Blackstone, Jonathan Gray, Drew Angerer, Bard, Gray, Pat Lynch, Robbie Sovie, Sovie, Georgia Power, Skybox, Rob Morris, Morris, George Frey, Novva, Wes Swenson, Nova's, Swenson, CBRE, Lynch Organizations: stoke, Lincoln Property Company, Harrison Street, Google, Meta, Microsoft, Amazon, Lincoln, Carrier, QTS, Dominion Energy, Dominion, Washington DC, APS, QuadReal, Georgia, Reuters, Data Centers, CIM Group Locations: Ohio, New Albany, Columbus, Northern Virginia, Dallas, Phoenix, Silicon Valley, Chicago, Virginia, Loudoun County, Washington, Arizona, Southwest, Lithia Springs , Georgia, Atlanta, Vancouver, Hutto , Texas, Austin, Eagle Mountain , Utah, Reno , Nevada, Storey County, Reno, Silicon, Salt Lake City, West Jordan , Utah, CBRE

☆ Chinese autonomous vehicle tech raises concerns, US transportation chief says
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, July 20 (Reuters) - U.S. Transportation Secretary Pete Buttigieg said on Thursday his agency has national security concerns about Chinese autonomous vehicle suppliers in the American market. "Whether we are talking about hardware or software, in the same way there are concerns around telecom or TikTok, there are concerns around transportation technologies," Buttigieg said in an interview with Reuters. Buttigieg said the United States needs to better understand "the true ownership of the different enterprises that are supplying different elements of our transportation systems." The lawmakers were particularly concerned about AV vehicle and equipment testing in the United States. Their letter cites data from California regulators showing seven Chinese firms tested autonomous vehicles in the most-populous U.S. state last year.

Persons: Pete Buttigieg, Buttigieg, Gina Raimondo, Chris Sanders, Will Dunham Organizations: . Transportation, Reuters, Chinese Communist Party, CCP, Thomson Locations: United States, China, California, U.S

Getting more cars on the road would help Tesla maintain its dominant U.S. market share in "turbulent times" and give it access to precious usage data needed to train the artificial intelligence models behind its self-driving technology. The billionaire believes full self-driving (FSD) could one day account for most of Tesla's value and give it a cushion rivals lack as they try to turn their EV operations profitable. "They're not an AI play the way Microsoft or Nvidia is an AI play," said Thomas Martin, senior portfolio manager at Tesla shareholder Globalt Investments. "They're more of an AI play the way a regular business is an AI play, except that this race to full self-driving has always been an AI issue, and it's always been based on data. Wells Fargo analysts said FSD's adoption could be impeded by its price, which Musk said was low.

Persons: Elon, Musk, Tesla, Gene Munster, Lucy Nicholson, John Tomlinson, Thomas Martin, it's, Wells, Peter Henderson, Aditya Soni, Akash Sriram, Dhanya Ann Thoppil Organizations: Tesla, Deepwater Asset Management, REUTERS, Global, Research, Beta, Microsoft, Nvidia, Globalt Investments, Dojo, Thomson Locations: Los Angeles , California, U.S

☆ The only reason to buy Tesla stock has nothing to do with its EV business, market strategist says
▼ + stars: | 2023-07-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

When it comes to Tesla stock, the only reason to buy has nothing to do with its electric vehicle business. But according to a Wednesday note from DataTrek Research co-founder Nicholas Colas, there's only one reason to buy Tesla stock at its current levels, and it has nothing to do with its EV business. The car industry is difficult to compete in, as evidenced by the current stock prices of legacy automakers, he observed. So when it comes to Tesla stock, don't just look at its EV sales, according to Colas. The remaining $200 billion to $300 billion of Tesla's current market valuation is assigned to the company's EV business, which is comparable to Toyota's current market valuation.

Persons: Tesla, Nicholas Colas, Ark, Elon Musk, Colas, Musk Organizations: General Motors, Ford, Honda, Mercedes, Service, DataTrek Research, Toyota Locations: Wall, Silicon

☆ US House panel looks to revive stalled self-driving legislation -sources
▼ + stars: | 2023-07-19 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, July 19 (Reuters) - A U.S. House of Representatives panel will hold a July 26 hearing as lawmakers look to jump start long-stalled efforts to pass legislation to speed adoption of self-driving cars. The Energy Commerce subcommittee on Innovation, Data, and Commerce confirmed to Reuters it was holding a hearing titled “Self-Driving Vehicle Legislative Framework: Enhancing Safety, Improving Lives and Mobility, and Beating China." The panel will consider separate draft legislation from Representative Bob Latta, a Republican and Representative Debbie Dingell, a Democrat. In order to ensure Americans can reap the benefits of self-driving vehicles, we must enact a comprehensive national law that establishes a pathway to safe deployment". Last week, the National Highway Traffic Safety Administration said it would soon decide on a petition filed by General Motors' (GM.N) Cruise self-driving technology unit seeking permission to deploy up to 2,500 self-driving vehicles annually without human controls.

Persons: Bob Latta, Debbie Dingell, Cathy McMorris Rodgers, Gus Bilirakis, John Bozzella, Gary Shapiro, Mark Riccobono, Pete Buttigieg, David Shepardson, Chris Reese, Alex Richardson Organizations: U.S . House, Energy, Innovation, Commerce, Reuters, Mobility, Republican, House Energy, Alliance, Automotive Innovation, Consumer Technology, National Federation of, Blind, Traffic Safety Administration, General Motors, Thomson Locations: America, China

☆ AI startups have raised almost $29 billion this year. Researchers say a lot more needs to go to companies working to prevent it from becoming an existential threat.
▼ + stars: | 2023-07-18 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

While investors have poured billions into AI startups, concern about AI's capabilities has grown. People don't all have the same value systems, so AI alignment can look different depending on where the AI is operated and deployed. Investors poured $29 billion into AI startups in the first six months of 2023. Aligned AI. The drive to fund AI safetyAI researchers are also vigilant about where the funds for AI safety and alignment come from.

Persons: ChatGPT, Stuart Armstrong, Rebecca Gorman, —, Gorman, OpenAI's Sam Altman, Demis Hassabis, Bill Gates, Connor Leahy, Leahy, it's, Sam Bankman, Ian Hogarth, Hogarth Organizations: Oxford University, Investors, Alameda Research, FTX Locations: London

☆ U.S. to decide on GM request to deploy self-driving cars
▼ + stars: | 2023-07-12 | by ( ) www.cnbc.com time to read: +2 min

U.S. regulators will soon decide on a petition filed by General Motors ' Cruise self-driving technology unit seeking permission to deploy up to 2,500 self-driving vehicles annually without human controls, a top auto safety official said on Wednesday. The petition, filed in February 2022, seeks government approval to deploy vehicles annually without steering wheels, mirrors, turn signals or windshield wipers. National Highway Traffic Safety acting Administrator Ann Carlson said Wednesday the agency "will issue a decision "in the coming weeks." Cruise wants to deploy its Origin vehicle, which has subway-like doors and no steering wheels. The NHTSA said Cruise vehicles "may engage in inappropriately hard braking or become immobilized."

Persons: Ann Carlson, " Carlson, Cruise, Carlson Organizations: General Motors, Traffic, Chevrolet Bolt, GM, NHTSA, U.S . House Locations: San Francisco

☆ Volkswagen to launch self-driving vehicles in Texas by 2026
▼ + stars: | 2023-07-06 | by ( Hyunjoo Jin | ) www.reuters.com time to read: +1 min

SAN FRANCISCO, July 6 (Reuters) - Volkswagen (VOWG_p.DE) said on Thursday that it plans to launch autonomous, or self-driving, vehicles for ride hailing and goods delivery services in Austin, Texas by 2026. The company took over nearly 100 people from Argo, as well as its hub in Austin where Argo was testing autonomous vehicles. "The big aim is that we bring fully autonomous vehicles to the market as a commercial, scalable product," said Christian Senger, a Volkswagen board member who oversees development of autonomous driving. Volkswagen joins GM's Cruise and Alphabet's Waymo in testing autonomous vehicles in Austin, Texas, known for the least restrictive regulations on self-driving cars. But Tesla, Cruise and Waymo and other firms have missed their targets to launch self-driving cars and their vehicles have had difficulty in handling rare and unforeseen driving situations.

Persons: Argo, Christian Senger, Cruise, We're, Katrin Lohmann, Hyunjoo Jin, Rashmi Organizations: FRANCISCO, Mobileye, Volkswagen, Argo, Volkswagen ADMT, Companies, Thomson Locations: Austin , Texas, Austin

☆ VW to test self-driving in retro-styled electric Microbuses
▼ + stars: | 2023-07-06 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

CNN —Ten self-driving electric Volkswagen buses will soon cruise the streets of Austin, Texas, testing autonomous driving technology. Buzz electric vans will test technology VW is working on with Mobileye, an Israeli company once owned by Intel that also works with BMW, General Motors and Ford. VW won’t operate it’s own taxi service, though, as some other autonomous driving companies have planned, the company said in its announcement. VW joins joins companies such General Motors’ Cruise, which is also operating self-driving vehicles in Austin, and Waymo, the autonomous driving subsidiary of Google’s parent company Alphabet. Both automakers said at the time they would hire Argo AI staffers to support their own autonomous driving efforts.

Persons: Ford, Vokswagen, Motors ’, Mobileye, van Organizations: CNN, Argo, VW, Intel, BMW, General Motors, Ford, Volkswagen, Motors, Austin, Miami, automaker’s, Vehicles Locations: Austin , Texas, Austin, United States, Germany, California, Arizona, New York City, Washington , DC, Pittsburgh

☆ This Little-Noticed Infrastructure Investment and Jobs Act Provision Could Revolutionize Car Travel - The New York Times
▼ + stars: | 2023-07-06 | by ( Clifford Winston | ) www.nytimes.com time to read: +3 min

The congestion charge would spread traffic throughout the day, reducing public pressure to build expensive lanes or roads to expand peak-period capacity. And the emissions charge would encourage travelers to use electric vehicles, accelerating the transition to a clean energy economy without large subsidies. Travelers and shippers will almost certainly eventually use autonomous electric vehicles that operate efficiently and safely without a driver to reach their destinations. fees would generate funding to upgrade the highway infrastructure, thus reducing congestion and pavement damage that impede autonomous vehicle operations, and accelerate demand for autonomous electric vehicles. fee might be resurrected after the elections, or it might be done in future decades to help upgrade the infrastructure to facilitate autonomous vehicles operation.

Organizations: Travelers, Department of Transportation

☆ Volkswagen will start testing self-driving cars in Austin as it moves on from Argo AI
▼ + stars: | 2023-07-06 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +1 min

Volkswagen Group of America (VWGoA) starting its first autonomous vehicle test program in Austin beginning in July 2023. Volkswagen said Thursday that it will begin testing self-driving electric vehicles in Austin, Texas, later this month. The first two of those vans are already in the U.S. and will begin testing before the end of July, it said. The self-driving ID Buzz vans are equipped with lidar, radar and camera systems. For now, all of its self-driving vehicles will have human safety drivers on board while testing.

Persons: Austin, Katrin Lohmann, Lohmann Organizations: Volkswagen Group of America, Volkswagen, Mobileye Locations: Austin, Austin , Texas, U.S

☆ This country just gave the green light for self-driving vehicles on its roads
▼ + stars: | 2023-07-05 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

The UAE became the first country to grant a nationwide license for self-driving cars on its roads. China's WeRide will be allowed to operate autonomous self-driving cars, vans, and buses in the UAE. Dubai, which is part of the UAE, wants a quarter of its vehicles to be self-driving by 2030. Self-driving cars are one step closer to becoming a fixture on the roads – in one country at least. "With this license, WeRide will conduct various road testing and operations of autonomous driving vehicles in the UAE."

Persons: WeRide, Sheikh Mohammed bin Rashid Al Maktoum, Sheik Mohammed Organizations: Morning, United, United Arab Emirates, SAE International, The, UAE Locations: UAE, Dubai, United Arab, Abu Dhabi, The UAE, Florida, Georgia

Jefferies says it's "all revved up" on car rental company Hertz . The firm initiated coverage on Hertz with a buy rating and a $24 price target, implying shares jumping 30% from Monday's close. We see structural benefits from a maintenance and pricing perspective related to [a] higher mix of EVs," Moore said. In this blue sky scenario, we see the potential for another $1bn+ in EBITDA opportunity at 20-30+% margins," the analyst added. Hertz shares were up 1.4% Wednesday before the bell.

Persons: Jefferies, it's, Stephanie Moore, Moore, Hertz, — CNBC's Michael Bloom Organizations: Hertz, EV Locations: Monday's

☆ What Sweden's submarines bring to NATO
▼ + stars: | 2023-07-03 | by ( Johan Ahlander | ) www.reuters.com time to read: +3 min

Sweden's key to keeping the waters navigable in a conflict is its world-leading submarine fleet, which analysts say holds some of the most advanced conventional submarines ever built. "The Swedish submarine fleet is well prepared for this environment and will add greatly to NATO's overall submarine capabilities in the Baltic," a NATO official told Reuters. "We have regional expertise, which fills a gap, expertise that NATO doesn't have," said Submarine Flotilla Commander Fredrik Linden. [1/5]The Swedish submarine HMS Gotland lies in a port at the naval base of Karlskrona, Sweden May 25, 2023. While submerged, conventional submarines run on battery power.

Persons: Fredrik Linden, Tom Little, Sebastian Bruns, Bruns, Sara Ledwith Organizations: NATO, Reuters, U.S navy's, REUTERS, Institute for Security, Kiel University, SAAB, Thomson Locations: KARLSKRONA, Sweden, Europe, Baltic, Russia, Germany, Swedish, Gotland, Karlskrona

☆ The former CEO of $61 billion cloud giant Snowflake lays out the key traits he looks for when deciding whether to invest in an AI startup
▼ + stars: | 2023-06-29 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +7 min

Written by the tech investor and former Snowflake CEO Bob Muglia, the book came out on June 13. A seasoned tech executive who once worked under Bill Gates at Microsoft, Muglia was the CEO of the fast-growing data-cloud company Snowflake until 2019. In "The Datapreneurs," Muglia set out to highlight some of the startup founders he thought were leading the charge in data analytics. You know, to me, knowledge is really data combined with analysis and insights. We certainly didn't work with that kind of data at Snowflake, at least not when I was there.

Persons: Bob Muglia, Muglia, Steve Hamm, Bill Gates, Rosey, they're, we're, — they're, Bob, It's, George Fraser, Benoit Dageville, Benoit, it'd, Roo Armande Organizations: Snowflake, Former Snowflake, Microsoft, Google Locations: Muglia, RelationalAI, Israel, Snowflake

☆ A.I. is not all hype. It's the 'fourth industrial revolution playing out,' says Wedbush's Dan Ives
▼ + stars: | 2023-06-28 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Generative artificial intelligence is all the rage now but the A.I. boom is not just all hype, said Dan Ives from Wedbush Securities, who calls it the "fourth industrial revolution playing out." The fourth industrial revolution refers to how technological advancements like artificial intelligence, autonomous vehicles and the internet of things are changing the way humans live, work and relate to one another. "I think this is really transformational changes to technology that I think would change the tech space for the next 20-30 years," said Ives. technology surged after ChatGPT — OpenAI's viral chatbot — went viral due to its ability to generate humanlike responses to users' prompts, which amazed researchers and the general public.

Persons: Dan Ives, CNBC's, Ives, ChatGPT Organizations: Wedbush Securities

☆ Zoox headcount grows as Amazon's self-driving unit expands testing in Vegas
▼ + stars: | 2023-06-27 | by ( Abhirup Roy | Akash Sriram | ) www.reuters.com time to read: +1 min

FILE PHOTO: The assembly line for Zoox, a self-driving vehicle owned by Amazon, is seen at the company's factory in Fremont, California, U.S. July 19, 2022. REUTERS/Carlos Barria(Reuters) - Amazon.com Inc’s self-driving vehicle unit, Zoox, is hiring more employees to expand its testing in Las Vegas at a time when the regulatory implications have taken a front seat in the development of autonomous vehicle technology. Levinson said that Zoox autonomous vehicle will not be driving on the Vegas strip yet but is being tested for handling traffic lights, intersections and drive at speeds of up to 35 miles per hour. Ford Motor Co and Volkswagen AG last fall announced that they would shut down their Argo AI self-driving unit and focus on driver-assistance technology that provided more immediate returns. Alphabet’s self-driving technology project Waymo laid off 137 employees in a second round of job cuts this year.

Persons: Carlos Barria, Zoox, Zoox’s headcount, Jesse Levinson, Levinson, ” Levinson Organizations: Amazon, REUTERS, Reuters, Ford Motor Co, Volkswagen AG, Argo Locations: Fremont , California, U.S, Las Vegas, California

☆ Analysts love these Nasdaq stocks as benchmark wraps up best first half since 1983
▼ + stars: | 2023-06-27 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The tech-heavy index has soared nearly 29% this year and is currently on pace for its best first half since 1983. That year, the Nasdaq rallied 37.1% in the first half and finished 1983 up nearly 20%. Their average price target implies about 34% upside compared with current levels. Three-quarters of analysts covering the stock rate it a buy, and the average price target indicates 30% upside over the next 12 months. Of the 14 analysts covering the stock, 71% rate it a buy, while the average analyst price target implies upside of nearly 64%.

Persons: Ambrx, FANG, Canaccord Genuity Organizations: Nasdaq, Apple, Google, Nvidia, CNBC Pro, Diamondback Energy, Mobileye, Sarepta Therapeutics, U.S . Food, Drug Administration Locations: Texas, U.S

☆ Mercedes-Benz and Microsoft to test ChatGPT in vehicles
▼ + stars: | 2023-06-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Mercedes-Benz and Microsoft are partnering to test in-car ChatGPT artificial intelligence, available to more than 900,000 vehicles in the U.S., the companies announced Thursday. The luxury automaker said the emerging technology will be used for audio requests through its Hey Mercedes voice assistant, which is expected to greatly expand the system's capabilities. It is the first implementation of ChatGPT in a vehicle, according to a Microsoft spokesperson. Similar to other industries, the potential applications of ChatGPT in the automotive industry have emerged as a growing discussion. GM earlier this year said it was exploring use cases for ChatGPT in its vehicles as part of a broader collaboration with Microsoft, an investor in OpenAI, which created the technology.

Persons: Mercedes, Hey Mercedes Organizations: Mercedes, Benz, Microsoft, Motors, GM Locations: U.S, OpenAI

☆ Cops yell at stalled self-driving Cruise car to get out of the way during a mass shooting in San Francisco, video shows
▼ + stars: | 2023-06-12 | by ( Jake Swearingen | ) www.businessinsider.com time to read: +2 min

A Cruise self-driving car seemed to block first responders during a mass shooting in San Francisco. A Cruise self-driving taxi disrupted emergency crews responding to a mass shooting in San Francisco on Friday night, according to witnesses and videos posted online. pic.twitter.com/fICRtS6e05 — Paul Valdez 🚲🏳️‍🌈 (@paulvaldezsf) June 10, 2023Videos show an officer shouting at the stalled Cruise car, its logo visible on a rear door, to move from the middle of the street. The incident is the latest safety issue for self-driving cars in the streets of San Francisco. In May 2023, a Waymo driverless car wandered into the middle of an active fire in San Francisco, forcing firefighters to helplessly yell "No!

Persons: Cruise, fICRtS6e05 — Paul Valdez 🚲🏳 Organizations: city's Mission Locations: San Francisco, city's

The UK government said last August it would advance a bill in the current parliamentary session, which is expected to end this autumn, providing detailed regulations by 2025. That has not yet happened, with political turmoil forcing the government to water down ambitions for this session. Transport Minister Mark Harper in December said there would no longer be a Transport Bill this session, and did not mention a separate AV bill in an outline of the ministry's legislative agenda. Last month Junior Minister Jesse Norman said he shared AV startups' concerns. They fear a self-driving bill will be crowded out by other vote-winning priorities in the run-up to the election.

Persons: Toby Melville LONDON, Claudio Gienal, Mark Harper, Iain Stewart, Jesse Norman, We've, Kaity Fischer, Wayve, Ashley Feldman, Alexander Dennis, Jim Hutchinson, Oxbotica, Paul Newman, Nick Carey, Ben Klayman, Sharon Singleton Organizations: REUTERS, Ireland, AXA, Transport, United Arab Emirates, Microsoft, Autonomous Vehicles, Stagecoach, BP, Thomson Locations: Oxford, Britain, British, France, Germany, California, London, Bristol, Edinburgh, Fife

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