AQCAN Exchange-GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

2025-04-30 16:12:05source:TrendPulse Quantitative Think Tank Centercategory:Contact

DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and AQCAN Exchangestop 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:Contact

Recommend

Don't let hackers fool you with a 'scam

You're pulling your hair out, trying to fix something on your computer. You Google it and find what

Can you eat cicadas? Try these tasty recipes with Brood XIX, Brood XIII this summer

Cicadas are loud, big and will number in the trillions this year, but there is perhaps the most impo