General Motors pulls plug on Cruise, its self-driving robotaxi company

General Motors pulls plug on Cruise, its self-driving robotaxi company

US news, General Motors, Self-driving cars, Automotive industry, Technology Business | The Guardian

​The company said it would no longer fund the venture and will prioritize Super Cruise, its driver assistance programGeneral Motors announced on Tuesday it will end robotaxi development at its money-losing Cruise business, a blow to the ambitions of the largest US automaker to advance the technology.GM said it would no longer fund work on self-driving robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market”. Continue reading… 

The company said it would no longer fund the venture and will prioritize Super Cruise, its driver assistance program

General Motors announced on Tuesday it will end robotaxi development at its money-losing Cruise business, a blow to the ambitions of the largest US automaker to advance the technology.

GM said it would no longer fund work on self-driving robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market”.

Continue reading… 

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