GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

2024-12-25 08:53:49 source:lotradecoin referral category:News

DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.

Instead, the Detroit automaker will focus on development of partially automated driver-assist systems for personal vehicles like its Super Cruise, which allows drivers to take their hands off the steering wheel.

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 it will combine Cruise's technical team with its own to work on advanced systems to assist drivers.

Sponsor Message

More:News

Recommend

Drew Barrymore has been warned to 'back off' her guests after 'touchy' interviews

Drew Barrymore hopes people will become "more comfortable with physical touch" after sparking mixed

Kali Uchis Gives Birth, Welcomes First Baby With Don Toliver

Kali Uchis and Don Toliver are melting over their latest arrival.Two months after the "Telepatía" si

Top Democrat Schumer calls for new elections in Israel, saying Netanyahu has ‘lost his way’

WASHINGTON (AP) — Senate Majority Leader Chuck Schumer is calling on Israel to hold new elections, s