and what one industry analyst calls China EV Inc. That must rankle atop GM because it’s not how the reinvention of the mother of all legacy automakers was supposed to evolve in this allegedly ...
"In many ways this announcement highlights the economic challenges of scaling a robotaxi network and the role rideshare platforms can play as autonomous vehicles attempt to commercialize (a ...
Since then, GM has spent more than $10 billion on the company in a bid to commercialize autonomous vehicle technology via a robotaxi business. GM said in a statement that “the considerable time ...
GM recently announced that it was dropping plans to launch a new self-driving robotaxi service, instead opting to refocus its autonomous vehicle technology efforts on personal vehicles. The ...
The decision to instead focus on providing autonomous technology in personal vehicles followed a year of GM trying to refocus and relaunch Cruise after an October 2023 pedestrian crash opened up ...
An icon in the shape of a lightning bolt. Impact Link General Motors is giving up on developing its Cruise robotaxi, citing the resources needed and an "increasingly competitive" market.
SAN FRANCISCO, Dec 11 (Reuters) - General Motors' (GM.N), opens new tab decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the ...
GM said it would no longer fund work on the robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi ...
GM said it would get out of robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market.” The company said ...
GM is dropping robotaxi efforts “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market,” the company said ...
“This is the latest in a series of decisions that GM has announced that underscore our focus on having the right technology for the future of our company and the industry,” Mary ...
The company made the announcement late Tuesday afternoon, with GM spokesman Kevin Kelly telling the Detroit Free Press that GM sees a better business opportunity with personal vehicle autonomy ...