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.
The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
General Motors abandoned its ambitious and costly Cruise robotaxi development on Tuesday and several analysts reacted ...
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...
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.
General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully ...
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
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