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VisitMarket response to NHTSA Zoox investigation by 2024
Stock value decreases • 33%
Stock value increases • 33%
Stock value remains stable • 34%
Market data and official announcements
U.S. NHTSA Probes Amazon's Zoox Robotaxis After Sudden Braking, Minor Injuries
May 13, 2024, 02:30 PM
The U.S. National Highway Traffic Safety Administration (NHTSA) has initiated a preliminary investigation into Amazon's autonomous vehicle unit, Zoox, following two incidents where the self-driving SUVs unexpectedly braked and were subsequently rear-ended by motorcyclists, leading to minor injuries. The probe involves an estimated 500 Zoox vehicles, specifically targeting issues with the Toyota Highlander models equipped with Zoox technology. This investigation comes after the NHTSA received two complaints about the sudden braking incidents.
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Stock value declines • 25%
Stock value remains stable • 25%
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Increase in adoption • 33%
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Safety concerns validated • 50%
No safety concerns found • 50%
No Action Needed • 33%
Minor Modifications Required • 33%
Major Overhaul Required • 34%
No fault found • 33%
Partial fault • 33%
Full fault • 34%
Stock price of Amazon falls • 33%
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Minor issues found • 33%
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No action needed • 33%
Full recall ordered • 34%
Software update required • 33%