GM's Cruise exit turns focus on challenges of scaling robotaxis
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it.
General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business ...
Instead, the Detroit automaker will focus on development of partially automated driver-assist systems like its Super Cruise, ...
The Detroit auto giant says it's halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its technology into its own vehicles' autonomous driving features.
GM only owns around 90% of Cruise, but the company has agreements with other shareholders that will raise its stake to more ...
US auto giant General Motors announced Tuesday it will abandon its robotaxi development efforts after a highly publicized ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
The automaker is folding its San Francisco-based subsidiary into its in-house efforts to develop autonomous driving for ...
US auto giant General Motors announced Tuesday it will abandon its robotaxi development efforts after a highly publicised ...
Future Fund LLC Managing Partner Gary Black highlighted on Tuesday, Dec. 10, 2024, that General Motors Co. is abandoning its ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
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