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From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
The driverless ride-hailing service was supposed to be the shining star of GM's growth plans, leading to $50 billion in revenue by the end of this decade.
GM ends Cruise robotaxi business to refocus on core priorities
General Motors has shut down its Cruise robotaxi business after investing over $10 billion since 2016. Once seen as a potential $50 billion revenue driver, Cruise faced high costs, regulatory setbacks, and increasing competition from Waymo.
General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.
GM Pulls The Plug On Its Multibillion-Dollar Robotaxi Bet
The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving for personal vehicles.
GM ‘blindsides’ Cruise by giving up on robotaxis
Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of multiple universes, and how you can make some serious cash by getting an AI bot to fall in love with you.
GM pulls the plug on Cruise robotaxi division
The automaker plans to merge the division with its Super Cruise team to advance its self-driving feature for personal vehicles
1h
on MSN
As robotaxi companies stumble in the US, China’s fleet is growing
The same day that General Motors announced that it would stop funding its beleaguered robotaxi company Cruise, one of China’s ...
Techopedia
3h
Tesla’s Robotaxi: All You Need to Know
Tesla has revealed the prototype for its robotaxi. It’s slick, AI-navigated, and relatively cheap. Can Cybercab catch up to ...
2d
on MSN
The winner of the robotaxi race will come down to a few players. Here's why.
General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
2h
Waymo and Tesla Lead Autonomous Driving Race, GM’s Cruise Exits Robotaxi Pursuit
Waymo and Tesla are leading the autonomous driving race, with Waymo expanding to 10 U.S. cities by 2025 and Tesla gearing ...
3d
on MSN
A Waymo robotaxi got stuck in a roundabout loop
Roundabouts. They trapped Clark Griswold in "National Lampoon's European Vacation" and now they've tripped up a Waymo ...
NBC News on MSN
11d
Waymo to expand to Miami, aims to launch robotaxi service there in 2026
Waymo said it will first begin cruising through the Florida city with human safety drivers in 2025 before opening doors to ...
4d
on MSN
Tesla just lost one of its key autopilot execs to an Amazon-backed robotaxi rival
Zheng Gao, an eight-year veteran at the Elon Musk-run automaker, is departing for rival robotaxi builder Zoox, the company ...
4d
Microsoft will take an $800M hit over Cruise robotaxi shutdown
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving ...
GM Authority
1d
GM’s Decision To Exit Cruise Robotaxi Business Welcomed By Industry Analysts
Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously ...
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