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GM said it would no longer fund work on the robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi ...
It’s likely that GM’s move will result in layoffs at Cruise GM’s decision to scrap its robotaxi business comes after years of profligate spending in the hopes of creating a new mobility ...
GM is dropping robotaxi efforts “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market,” the company said ...
The U.S. is set for a major expansion of autonomous vehicles in 2025, with tech advances, regulatory changes, and new ...
As a result, GM said it will no longer fund Cruise’s robotaxi development, given the considerable time and resources needed to scale the business, along with an increasingly competitive robotaxi ...
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GM’s Cruise robotaxi business is latest growth initiative to falterWhile GM has declined to disclose how much revenue such businesses have produced, Barra, with the ending of its Cruise robotaxi operations on Tuesday, made it clear that the automaker’s growth ...
The Cruise self-driving car unit faced probes from the United States Justice Department and Securities and Exchange Commission (SEC) in January due to an October 2023 mishap where its robotaxis hit a ...
Tesla's upcoming robotaxi program in Austin could be a major paradigm shift, potentially igniting growth in the coming years. See why TSLA stock is a Hold.
Tesla (TSLA) looks to move into its "golden age," according to Wedbush analyst Dan Ives, through the rollout of its robotaxi ...
While GM has declined to disclose how much revenue such businesses have produced, Barra, with the ending of its Cruise robotaxi operations on Tuesday, made it clear that the automaker’s growth ...
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