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

2025-05-06 03:08:38source:Darkcherries Wealth Societycategory:My

DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and Esthenstop 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:My

Recommend

A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’

ATLANTA (AP) — Former Georgia Gov. Nathan Deal has written a children’s book about his two cats, con

Firefighters contain destructive fire on landmark wooden pier on the Southern California coast

OCEANSIDE, Calif. (AP) — A stubborn fire at the end of a landmark wooden pier on the Southern Califo

Chicago appeals court rejects R. Kelly ‘s challenge of 20-year sentence

CHICAGO (AP) — The singer R. Kelly was correctly sentenced to 20 years in prison on child sex convic