General Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus autonomous vehicle development on personally owned vehicles. GM said Cruise employees would be ...
GM recently announced that it was dropping plans to launch a new self-driving robotaxi service, instead opting ... s self-driving tech division, Cruise. Now, according to a new report, ...
General Motors announced Tuesday that it would end funding for its Cruise robotaxi service. The automaker said it would shift its focus to the development of advanced driver-assistance systems ...
Cruise has been in the middle of numerous controversies, but the latest one might have contributed to GM’s pulling funding. The robotaxi service was just hit with a $500,000 criminal fine from ...
The Detroit-based automaker’s robotaxi efforts had been run by a company called Cruise, of which GM owns 90%. Many of the Cruise employees who have worked on self-driving technology will be ...
GM is halting Cruise robotaxi development ... its competitors in bringing robotaxis to the masses. It has opened its service to the public in San Francisco, Los Angeles, and Phoenix, providing ...
Since GM purchased a controlling stake in Cruise for $581m in 2016, the robotaxi service accumulated more than $10bn in operating losses while generating less than $500m in revenue, according ...
The move aligns GM with its core car-making focus, abandoning mobility-as-a-service goals. This shift comes as Waymo expands and Tesla targets a 2026 robotaxi launch. Cruise had resumed ...