Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
Read here for a discussion of Waymo’s rapid expansion in the autonomous industry, impacting competitors like Uber and Lyft.
General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on development of ...
General Motors will halt further development of robotaxis, with its CEO citing high capital costs and billions invested in a ...
American self-driving car company Waymo is outsourcing its fleet management to Moove, a Nigerian-born vehicle financing ...