Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! We knew this day was coming: Cruise is dead — at least as a robotaxi company. General Motors completed its acquisition of GM Cruise Holdings LLC; Cruise is…
Category: Cruise
autonomous vehicles, Cruise, General Motors, Global IT News, Global Security News, robotaxis, Transportation
Cruise to slash workforce by 50% after GM cuts funding to robotaxi operations
Cruise is laying off 50% of its workforce as the robotaxi program ends. © 2024 TechCrunch. All rights reserved. For personal use only.
boom, Cruise, Elon Musk, Global IT News, Global Security News, Rivian, techcrunch mobility, Tesla, Transportation
Boom goes supersonic and Elon promises a self-driving service by summer
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! In case you missed it, Tesla CEO Elon Musk said the company would launch a paid ride-hailing service with a fleet of driverless vehicles in Austin in…
autonomous vehicles, Cruise, General Motors, Global IT News, Global Security News, GM, robotaxi, Transportation
GM expects to save up to $1 billion on Cruise costs
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate comes nearly two months after the automaker said it would no longer fund Cruise, its self-driving subsidiary that aimed to commercialize robotaxis. “GM has…
autonomous vehicles, Cruise, EVs, Global IT News, Global Security News, robotaxi, robotaxis, Startups, Tesla, Transportation, Waymo
The trends that shaped EVs, robotaxis, and electric flight in 2024
If there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was business whiplash. Legacy automakers changed direction on their all-EVs-or-bust strategy, startups pivoted, and some Silicon Valley VCs and executives adjusted their views to a changing political landscape, in which they now are…
Apple, autonomous vehicles, Cruise, EVs, Fisker, Global IT News, Global Security News, Startups, Transportation
The biggest flops and fizzles in 2024 transportation, from Apple Car to Fisker
Autonomous vehicle technology and electrification startups were once the darlings of the VC and corporate world. The two technologies promised billions of dollars in revenue — and a new pathway for automakers to make money beyond building and selling cars. Those VC-money-printing days have been over for AVs for a while now, with a few…
Cruise, Global IT News, Global Security News, Google, openai, Social, TechCrunch Week in Review, Week in Review
GM ‘blindsides’ Cruise by giving up on robotaxis
Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of multiple universes, and how you can make some serious cash by getting an AI bot to fall in love with you. Let’s get into it. General Motors will no…
autonomous vehicles, Cruise, EVs, Global IT News, Global Security News, Tesla, Transportation, Trump
The federal crash-reporting rule Tesla opposes could be on the chopping block
The Trump transition team wants to end a federal rule requiring automakers to report crashes when advanced driver-assistance or autonomous driving technology is engaged, Reuters reports. Federal safety agencies would lose the ability to investigate and regulate the safety of vehicles with automated-driving systems should the rule — which went into effect in 2021 —…