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GM Calls It Quits on Mary Barra’s $50 Billion Robotaxi Dream
General Motors Co. Chief Executive Officer Mary Barra, clad in her signature leather jacket and masked up pandemic style, climbed into a Cruise robotaxi named Tostada for her first autonomous ride almost three years ago.
GM to retreat from robotaxi operations once championed by CEO Mary Barra
If Waymo and Tesla are able to stand up profitable robotaxi businesses, GM could end up looking back on Cruise as a missed opportunity the same way it now views the EV1 electric car. The Detroit automaker pulled the plug on that revolutionary attempt at a commercially viable electric vehicle in 2003 — the same year Tesla was founded.
GM’s robotaxi dream has been prematurely clamped
As of this week there’s a new distinction between the two US carmakers: only one wants to be a robotaxi company. General Motors has shelved its goal of building and managing a fleet of autonomous rideshare vehicles through subsidiary Cruise.
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GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
2d
Should Tesla Buy Cruise, And Other Strange Wonderings
GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...
2d
Robotaxi reset: Cruise's pivot has big implications for Uber, Tesla, and Waymo
Bank of America analyst Justin Post said over the long-term, the firm still sees the potential for General Motors ( GM) AVs ...
DBusiness Magazine
2d
General Motors Drops Robotaxi R&D to Expand Fully Autonomous Personal Vehicles
General Motors Co. in Detroit has announced the realignment of its autonomous driving strategy by developing advanced driver ...
3d
General Motors’ Strategic Shift to Personal Autonomous Vehicles Spurs Buy Rating
John Murphy, an analyst from Bank of America Securities, maintained the Buy rating on General Motors (GM – Research Report). The associated ...
2d
GM's Cruise robotaxi exit a result 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
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Mary Barra
Robotaxi
General Motors
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