General Motors' white flag in the robotaxi race on Tuesday just made the autonomous ride-sharing competition much smaller in the US, showing how challenging it can be for companies, even with the ...
The Future Fund LLC Managing Partner Gary Black highlighted on Tuesday that General Motors Co. GM is abandoning its robotaxi ambitions to save $1 billion annually, marking a significant shift in ...
San Francisco, California - After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in San Francisco as well as paying a $1.5 ...
Cruise, GM's autonomous driving division that had aimed to launch a dedicated robotaxi, will be shut down by the first half of next year. GM pointed to the costs needed to scale a robotaxi ...
General Motors, after pouring billions of dollars into its Cruise robotaxi unit over the past eight years, said it’s ending the subsidiary’s stand-alone efforts and will combine it with in ...