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GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
GM even announced plans for Cruise to generate $1 billion in annual revenue by 2025, but it scaled back spending on the company after one of its autonomous Chevrolet Bolts dragged a San Francisco pedestrian who was hit by another vehicle in 2023.
GM Shifts Focus to Autonomous Tech for Personal Cars
A GM spokesperson said the company sees greater business potential in personal vehicle autonomy than in building a robotaxi network.
GM to retreat from robotaxis and stop funding autonomous vehicle unit
Instead, the Detroit car maker will focus on development of partially automated driver-assist systems such as its Super Cruise.
General Motors Scraps Cruise Robotaxi Program
General Motors has scrapped its Cruise robotaxi program, citing the time and costs needed to scale the business and rising competition from other autonomous driving competitors. GM on Tuesday said it plans to realign its autonomous driving strategy and give priority to development of advanced driver assistance systems.
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis for Cruise.
GM halts funding for Cruise robotaxi program
The automaker says it will realign "its autonomous driving strategy and prioritize development of advanced driver assistance systems."
GM Killing Cruise, Ending Robotaxi Push
More: Cruise Cans Origin Robotaxi Project, Will Focus On Next Chevy Bolt. This dooms Cruise’s robotaxi push and existence as an independent company. In particular, GM plans to c
29m
on MSN
Cruise, SF's embattled self-driving car company, is finally folding after $10B in losses
Cruise's robotaxi service will officially be no more, as General Motors opted to pull the funding plug and move the ...
1d
on MSN
Why Stellantis (STLA) Is Among the Best Autonomous Driving Stocks to Buy According to Hedge Funds
We recently compiled a list of the 10 Best Autonomous Driving Stocks To Buy According to Hedge Funds. In this article, we are ...
Tech Xplore on MSN
8d
Autonomous vehicle safety: A driverless car’s brain trains on sensors. but what if they need replacing?
Devices called encoders, located inside the sensors on autonomous cars, convert motion and other information acquired on the ...
10d
on MSN
Man vs machine: can a race car powered by AI beat a professional driver?
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1d
10 Best Autonomous Driving Stocks To Buy According to Hedge Funds
The vision of fleets of driverless cars seamlessly transporting passengers has captivated consumers and driven billions in ...
1d
Why Uber Technologies (UBER) Is Among the Best Autonomous Driving Stocks to Buy According to Hedge Funds
We recently compiled a list of the 10 Best Autonomous Driving Stocks To Buy According to Hedge Funds. In this article, we are ...
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