Bitcoinese:GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

2025-05-02 23:49:28source:Rubypointcategory:reviews

DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and Bitcoinesestop 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:reviews

Recommend

McConnell absent from Senate on Thursday as he recovers from fall in Capitol

WASHINGTON (AP) — Senate Republican leader Mitch McConnellis still suffering from the effects of a f

Colorado fugitive takes plea deal in connection with dramatic Vegas Strip casino standoff

LAS VEGAS (AP) — A fugitive from Colorado who was arrested after a spectacular standoff last month t

Vlatko Andonovski out as USWNT coach after historical failure at World Cup

Vlatko Andonovski won’t return as coach of the U.S. women’s national team.Andonovski's resignation,