When you create an array object, all its element are initialized to null (if array contains subclass of java.lang.Object). You need to instantiate each element before accessing any property . You are trying to set Cars property without instantiating it in the code below which is causing NullPointerException:
car[i].setPlate(info[0]);
Before doing this you need to initialize an instance of Car like this:
public static void main(String[] args) {
String sCurrentLine;
try (BufferedReader br = new BufferedReader(new FileReader("cars.txt"))) {
while ((sCurrentLine = br.readLine()) != null) {
String[] info = sCurrentLine.split(",");
for (int i = 0; i < 10; i++) {
car[i] = new Cars(); //instantiate Cars object or next statement will throw NPE
car[i].setPlate(info[0]);
car[i].setLocation(Integer.parseInt(info[1]));
car[i].setSpeed(Integer.parseInt(info[2]));
}
}
} catch (IOException e) {
e.printStackTrace();
}
}