TIER IV shares extend gains on report that MLIT will uniformly certify “steering-wheel-free autonomous vehicles”

Shares of autonomous driving developer TIER IV continue to rise. While trading at ¥2,579, up ¥173 from the previous day, the Nikkei online edition reported that MLIT plans to uniformly approve autonomous vehicles without steering wheels or brake pedals.

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The story

Shares of autonomous driving developer TIER IV continue to rise, reaching ¥2,579, up ¥173 from the previous trading day.

The Nikkei online edition reported that the Ministry of Land, Infrastructure, Transport and Tourism is considering uniformly approving autonomous vehicles without steering wheels or brake pedals for vehicles that do not require a driver.

According to the report, the information suggests that the vehicles could be classified as fully autonomous under specific conditions.

At a glance

Share priceTrading at ¥2,579, up ¥173

PeriodAs of 11:00 a.m.; Growth Market; code 593A

NatureTIER IV's share price continues to rise

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