Stellantis NV has pulled back plans to launch a Level 3 autonomous driving platform in its vehicles, saying there's a limited market for the technology.

The transatlantic carmaker in February said it had developed an in-house automated driving system called STLA AutoDrive 1.0 that would make driving in dense urban areas easier. Under that Level 3 system, drivers would be able to take their hands off the wheel and eyes off the road at slower speeds, and future updates were expected to allow high-speed use.

But the Jeep and Ram maker confirmed Tuesday that due to a "very limited" current market for autonomous driving, it isn't planning to launch the new technology anytime soon. "Once the market opens up and becomes more receptive, we will move forward with introducing this advanced techn

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