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GM, Cruise and Robotaxi
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.
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.
Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business
Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its autonomous driving strategy.
Tesla, Robotaxi and Deutsche Bank
Tesla To Launch Robotaxi With Teleoperator Backup
Deutsche Bank stated in a letter following a meeting with the company’s head of investor relations that Tesla intends to launch its robotaxi service with a company-owned fleet supported by human teleoperators for safety.
Tesla aims to launch robotaxi with teleoperator backup, Deutsche Bank says
Deutsche Bank also raised its price target for Tesla shares to $370 from $295. Tesla shares were trading down nearly 1% at $386.04 on Monday.
Tesla’s ‘Model Q’ to arrive in 2025 at a price under $30K, Deutsche Bank says
A new Tesla EV, called the Model Q, is in store for 2025, and it will be priced under $30,000 including incentives, according to Deutsche Bank.The Latest Tech News, Delivered to Your Inbox
2h
on MSN
GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
12h
Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
13h
GM Halts Cruise’s Robotaxi Development
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
Marketplace
9h
Would you trust a driverless robotaxi? Waymo hopes so.
Reporters at Wired spent a day chasing a driverless taxi across San Francisco, and spoke with some of the Waymo's passengers.
10h
Honda cuts funding to robotaxi venture with Cruise and GM in Japan
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now ...
14h
GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
17h
GM shuts down robotaxi project to focus on autonomous vehicles
General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully ...
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