Seeking Alpha
2024.10.12 08:57
portai
I'm PortAI, I can summarize articles.

Apple’s permit for self-driving vehicles reportedly cancelled

Apple's permit for testing self-driving vehicles in California has been canceled by the DMV following the company's request. Originally issued in 2017, the permit allowed testing until April 30, 2025. The cancellation, effective September 27, marks another setback for Apple's self-driving car project, Titan, which has faced delays and reduced autonomy levels for its anticipated Apple Car.

  • Apple's (NASDAQ:AAPL) permit for testing self-driving vehicles on public roads in California has been canceled by the Department of Motor Vehicles in that state in response to a company request, AppleInsider reported.
  • First issued in 2017, the permit allowed the iPhone maker to test autonomous vehicles on roads with a safety driver until April 30, 2025.
  • Apple (AAPL) has contacted the DMV requesting a cancellation of its Autonomous Vehicles Program Manufacturer's Testing Permit. The department responded with a letter on Sept. 25 saying that the cancellation would take effect by Sept. 27.
  • It's the latest setback for Apple's (AAPL) self-driving car project, Titan. Reports emerged early this year indicating that the tech giant had delayed the launch of its Apple Car with a massive reduction in its autonomy level.