Current:Home > ContactGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -BrightFutureFinance
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-14 11:38:54
DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and stop 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.
veryGood! (87)
Related
- Federal hiring is about to get the Trump treatment
- On Chicago’s South Side, Naomi Davis Planted the Seeds of Green Solutions to Help Black Communities
- Khloe Kardashian Films Baby Boy Tatum’s Milestone Ahead of First Birthday
- UN Considering Reforms to Limit Influence of Fossil Fuel Industry at Global Climate Talks
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- UN Adds New Disclosure Requirements For Upcoming COP28, Acknowledging the Toll of Corporate Lobbying
- Biden’s Top Climate Adviser Signals Support for Permitting Deal with Fossil Fuel Advocates
- Minnesota Emerges as the Midwest’s Leader in the Clean Energy Transition
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Climate Change Made the Texas Heat Wave More Intense. Renewables Softened the Blow
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Score the Best Deals on Carry-Ons and Weekend Bags from Samsonite, American Tourister, TravelPro & More
- Inexpensive Solar Panels Are Essential for the Energy Transition. Here’s What’s Happening With Prices Right Now
- As Water Levels Drop, the Risk of Arsenic Rises
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Secretive State Climate Talks Stir Discontent With Pennsylvania Governor
- Hobbled by Bureaucracy, a German R&D Program Falls Short of Climate-Friendly Goals
- Colorado Frackers Doubled Freshwater Use During Megadrought, Even as Drilling and Oil Production Fell
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
How Daniel Ellsberg Opened the Door to One of the Most Consequential Climate Stories of Our Time
Are Legally Acceptable Levels of Pollution Harming Children’s Brain Development?
Environmental Groups File Court Challenge on California Rooftop Solar Policy
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Sharna Burgess Deserves a 10 for Her Birthday Tribute to Fine AF Brian Austin Green
This 2-In-1 Pillow and Blanket Set Is the Travel Must-Have You Need in Your Carry-On
Abandoned Oil and Gas Wells Emit Carcinogens and Other Harmful Pollutants, Groundbreaking Study Shows