GM halts funding for Cruise robotaxi program
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business. But experts say bowing out is the right choice for the embattled Cruise.
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
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.
Cruise robotaxis first popped up on Dallas streets in October 2023 following the start of operations with public riders in Austin. But a Cruise-involved pedestrian crash in San Francisco put ...
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
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