GM is ceasing funding for its Cruise autonomous vehicle unit, effectively abandoning its robotaxi ambitions. The move marks a significant setback in the race for self-driving commercial services.
GM is ceasing funding for its Cruise autonomous vehicle unit, effectively abandoning its robotaxi ambitions. The move marks a significant setback in the race for self-driving commercial services.
General Motors is set to exit its loss-making Cruise robotaxi business, Reuters reports. The move marks a shift in GM’s autonomous vehicle strategy amid ongoing financial challenges in the sector.