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.
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
The Cruise founder Kyle Vogt criticized GM's decision to pull robotaxi funding.GM's decision to divest from Cruise comes as ...
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...
GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive ...
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.
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GM shutters Cruise robotaxi projectGeneral Motors is shutting down its Cruise robotaxi project, citing intense competition for self-driving cars and the steep ...
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