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https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ2T0X5_L.jpgThe automaker told the National Highway Traffic Safety Administration it was no longer seeking approval for the petition it filed in July 2021 citing its decision to close its self-driving venture Argo AI last year.
“As evidenced by the planned shutdown of our ADS partner Argo AI, we believe the road to fully autonomous vehicles, at scale, with a profitable business model, will be a long one,” Ford said in its Feb. 13 letter, adding it was “more prudent” to focus on other technologies that “do not require an exemption.”