Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...
General Motors is giving up on robotaxis eight years after taking control of Cruise in an increasingly competitive market for ...
GM has ended its Cruise venture. It promises to be a massive revenue source by 2030, but GM’s exiting robotaxis.
Read here for a discussion of Waymo’s rapid expansion in the autonomous industry, impacting competitors like Uber and Lyft.
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
Cruise isn't even the first major player to bow out of the race to develop a robotaxi business. Ford ( F) ended its Argo AI self-driving venture two years ago. And Apple ( AAPL ), wavering between ...
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.