GM to Stop Funding Development of Cruise Robotaxis
General Motors said on Tuesday it will stop funding development of robotaxis at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority. GM said it would not fund work on the robotaxis "given the considerable time and resources that would be needed to scale the business,
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
GM just walked away from its robotaxi dream, bailing on its Cruise business as the price tag became too much to stomach.
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
Cruise rival Waymo is outpacing its GM-owned competitor by expanding its operations to Miami, where it expects to offer its ...
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback