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GM gives up on robotaxis after a string of troubles with Cruise
GMGM(GM) Business Insider·2024-12-11 05:44

GM is halting Cruise robotaxi development, merging it with its own technical team.The decision follows safety issues, regulatory challenges, and intense competition in the field.Cruise competes with Alphabet's Waymo, Zoox, and potentially with Tesla's Cybercabs.General Motors is giving up on Cruise's robotaxi focus after eight years of pouring money into the commercial business.Advertisement GM said on Tuesday that it will no longer fund Cruise's robotaxi development work because of increasing competition ...