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 ...
General Motors said Tuesday it will stop funding and exit robotaxi development at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority.
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 ...
After spending more than $10 billion to try to develop an autonomous robotaxi, General Motors is now calling time on the endeavor. On Tuesday afternoon, the automaker announced that it is done ...
GM has bowed out of the robotaxi race for now, halting its investment in Cruise. Only a few companies have made significant strides in the autonomous taxi space. Tesla and Waymo are the two ...