Cruise's chief executive left the firm shortly after a high-profile accident in 2023, which led to the NHTSA's investigation ...
This year is expected to be a crucial one for Amazon’s Zoox, as the company plans to grow its operations and commercialize a ...
Whales with a lot of money to spend have taken a noticeably bullish stance on General Motors. Looking at options history for ...
The Detroit company, bailed out of bankruptcy during the Great Recession, said it was folding the Cruise technology and team into prioritizing fully autonomous personal vehicles. The release cited the ...
GM said that it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.
The NHTSA said on Wednesday that it has closed its probe into Cruise robotaxis in light of the company ceasing business ...
More recently, Honda was supposed to assemble Cruise Origin autonomous EVs in Japan, but GM dropped the Origin robotaxi project and then dissolved Cruise itself. Plans by Honda and Nissan to merge ...
He assumed coverage of the robotaxi stock today with a “buy” rating and $19.60 price target that indicates a potential 40% upside from here. Chang is bullish on Pony AI stock as it’s ...
When GM decided to retreat from the robotaxi business earlier this month, it had already poured $10 billion into Cruise. Waymo may have outlasted Cruise to lead the U.S. market but domestic ...
Despite clear demand for robotaxi rides in the U.S. market, GM surprised some longtime industry observers when it announced earlier this month that it was exiting the business. "Cruise was well on ...