General Motors to retreat from robotaxis and stop funding its Cruise autonomous vehicle unitGeneral Motors is pulling out of the robotaxi business and ceasing funding for its Cruise autonomous vehicle unit due to high costs and inc...
11 Dec, 2024, 06.22 AM IST
Tesla to delay robotaxi launch: what you should knowTesla has postponed the unveiling of its robotaxi design originally scheduled for August. On the social media platform X, Tesla's CEO Elon ...
12 Jul, 2024, 03.43 PM IST
Elon Musk visits China as Tesla seeks self-driving technology rolloutTesla CEO Elon Musk has visited Beijing to discuss the rollout of Full Self-Driving software and data transfer permissions overseas. The co...
28 Apr, 2024, 02.18 PM IST
Elon Musk's Robotaxi dreams plunge Tesla into chaosElon Musk's Tesla Inc. faces a tumultuous year with stock plunges, sales decline, and strategic shifts causing chaos. Musk aims for a robot...
22 Apr, 2024, 09.15 AM IST
Tesla will unveil robotaxi in August: Elon MuskThe billionaire boss of the electric car maker did not provide details, saying only in his post on X that the "Tesla Robotaxi unveil" will ...
06 Apr, 2024, 02.23 PM IST
GM Cruise robotaxi unit names former Ford, Apple exec as safety chiefCruise named Steve Kenner as its chief safety officer, who will oversee Cruise's safety management systems and operations.
13 Feb, 2024, 12.07 PM IST
GM to cut spending by $1 billion on robotaxi unit Cruise in 2024General Motors is cutting spending by about $1 billion on its troubled robotaxi unit Cruise in 2024. Last week, Cruise disclosed probes by ...
31 Jan, 2024, 12.54 PM IST
General Motors shares jump 9% as CEO Barra promises shareholders more cashBarra highlighted moves to return cash to shareholders, including $12 billion in 2023 through a $10 billion share buyback and a 33% dividen...
30 Jan, 2024, 11.33 PM IST
GM robotaxi unit Cruise offers $75,000 to resolve crash probeIn December, the California Public Utilities Commission ordered Cruise to appear at a Feb. 6 hearing, citing it for misleading the commissi...
07 Jan, 2024, 09.30 AM IST
GM's Cruise robotaxi unit lays off 900 workers amid San Francisco crash probeThe subsidiary announced the cuts Thursday in a letter to Cruise's 3,800 workers from President and Chief Technical Officer Mo ElShenawy, w...
15 Dec, 2023, 12.34 PM IST
GM's Cruise plans small relaunch of driverless robotaxisCruise last week paused all supervised and manual car trips in the United States while also expanding a safety review of its robotaxis, cau...
23 Nov, 2023, 10.22 AM IST
Honda shelves plan to co-develop smaller EVs with GMHonda Motor is shelving plans to jointly develop affordable electric vehicles (EVs) with General Motors due to a changing business environm...
25 Oct, 2023, 03.51 PM IST
California sidelines GM Cruise's driverless cars, cites safety riskCalifornia has ordered General Motors' Cruise unit to remove its driverless cars from state roads, citing the vehicles as a risk to public ...
25 Oct, 2023, 10.55 AM IST
Microsoft to invest in autonomous trucking startup GatikMicrosoft plans to invest over $10 million in a financing round that values Gatik at more than $700 million, the sources added. As part of ...
05 Jan, 2023, 08.28 AM IST
Ford posts loss, takes sharp turn away from automated drivingChief Executive Jim Farley on Wednesday said Ford will shift its development focus away from fully self-driving systems developed by Argo t...
27 Oct, 2022, 08.24 AM IST
Self-driving dream team gets $530 million from Sequoia, AmazonAurora’s three co-founders are legendary within the tight community of roboticists and engineers who are leading the charge to make self-dr...
08 Feb, 2019, 09.50 AM IST
VW is said to have approached self-driving startup AuroraThe German carmaker has been scouring Silicon Valley for targets or partnerships that can help it develop self-driving cars and other mobil...
23 Aug, 2018, 10.37 AM IST