Two former Cruise engineers have launched a new startup in San Mateo called Hestus to bring AI to manufacturing design software. Their investors include Cruise's co-founder Kyle Vogt.
GM has identified how many Super Cruise customers opt to pay for the semi-autonomous driver assist system after the initial prepaid period has come to an end.
Tesla emphasised its confidence in the future of artificial intelligence and full self-driving (FSD) technology, despite ...
For the full year 2024, GM reported a revenue of $187.44 billion, an increase from $171.84 billion revenue in 2023. However, ...
Robotaxi Market size is expected to be worth around USD 450.2 Bn by 2033, from USD 1.7 Bn in 2023, growing at a CAGR of 74.7% during the forecast period.
It also has partnerships with driverless companies Motional, Avride and Aurora to add automated services to its fleet. Uber’s ride-share rival, Lyft, works with Mobileye, May Mobility, Motional and ...
but General Motors pulled the plug on rival Cruise last month despite spending $10 billion on the robotaxi company since 2016. Founded in 2017, WeRide is one of the few Chinese AV companies to ...
The NHTSA was aware of five incidents involving Cruise vehicles and pedestrians. In October, the agency imposed a $1.5 million fine on the robotaxi-developing company. Cruise has since ceased ...
WENG HUAN/FOR CHINA DAILY Chinese self-driving company Pony.ai will expand the number of its robotaxi fleet to about 1,000 this year from more than 200 currently, increase investment in research ...
Why It Matters: In December, GM said it would no longer fund Cruise‘s robotaxi development but instead combine the majority-owned unit into its technical teams. The robotaxi development work ...
GM, which bought control of San Francisco-based Cruise automation in 2016 ... Last month GM said that it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous ...