In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
Automotive OEM General Motors is exiting the robotaxi business and combining its wholly owned Cruise Automation division into ...
GM only owns around 90% of Cruise, but the company has agreements with other shareholders that will raise its stake to more ...
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
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