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In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
GM only owns around 90% of Cruise, but the company has agreements with other shareholders that will raise its stake to more ...
The shutdown of Cruise’s robotaxi service comes amid a turbulent time for autonomous vehicles. While Alphabet’s Waymo continues to eye new markets, other ventures have faltered. The most notable was ...
Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...
Automotive OEM General Motors is exiting the robotaxi business and combining its wholly owned Cruise Automation division into ...