TechCrunch Mobility: The cost of Waymo

The National Highway Traffic Safety Administration (NHTSA) announced plans to streamline the Part 555 exemption process, aiming to expedite approvals for automakers deploying fully self-driving vehicles without traditional human controls such as steering wheels or pedals. While manufacturers must still prove these vehicles meet equivalent safety standards and serve the public interest, the current exemption process is viewed as lengthy and ill-suited for automated driving systems. This move reflects a broader federal interest in accelerating autonomous vehicle deployment, alongside related regulatory actions on drones and supersonic travel. In industry news, JetZero, a zero-emissions jet startup backed by venture capital and major airlines, revealed plans to invest $4.7 billion over the next decade to build a factory in Greensboro, North Carolina, with construction starting in 2026 and deliveries expected in the early 2030s. The deal includes over $1.1 billion in state incentives tied to job creation. Meanwhile, an analysis by the app Obi found that Waymo’s self-driving rides consistently