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

2025-05-07 04:29:30source:Benjamin Caldwellcategory:Scams

DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and verdicoinstop 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:Scams

Recommend

IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power

WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in

Mono Lake Tribe Seeks to Assert Its Water Rights in Call For Emergency Halt of Water Diversions to Los Angeles

Updated on Feb. 23, 2023.Against the backdrop of a severe drought linked with global warming, conser

Imagining a World Without Fossil Fuels

The commercial, from 2021, starts with a typical prelude to a 21st-century first date. There’s a you