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In 2023, San Francisco became the first and only city in the world where two rival driverless robotaxi companies operated side-by-side on public streets. It was the dawn of the world's first real ...
GM revives driverless car program with focus on personal vehicles instead of robotaxis after pausing Cruise operations due to ...
For a brief moment, it looked like Cruise might win the race to a driverless future. But just as quickly as it rose to ...
On Tuesday, Bloomberg reported that GM will rehire former staff to revive its suspended Cruise autonomous driving program.
GM is bringing Cruise back to life after its dramatic end. General Motors (GM) has begun reigniting its defunct self-driving ...
General Motors is planning a renewed offensive in autonomous driving despite the collapse of its robotaxi subsidiary Cruise.
This time around, the project would be focused on autonomous cars for personal use, rather than a robotaxi service.
GM owns approximately 90% of Cruise, which isn't publicly traded. According to The Detroit News, GM has invested more than $10 billion into Cruise since acquiring the startup in 2016.
In 2021, Cruise played a starring role in GM's guidance to double revenue by 2030. Cruise was projected to increase its sales to $50 billion by the end of the decade from virtually nothing at the ...
GM has never wavered in its support of the company's mission, and earlier this year GM CFO Paul Jacobson said the company expects to spend $1.7 billion on Cruise operations this year, down ...
GM-owned autonomous driving subsidiary Cruise says it has completed over a quarter of a million driverless miles as of August 1st, 2022. Read more here.
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