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

General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit

The Independent UK

China's Robotaxi Firm Pony AI Looks To Diversify Supply Chain After Nasdaq Debut, Growing Competition With Tesla, Waymo, And Amazon

Pony AI CEO James Peng emphasized the company's strategic focus on supply chain diversification and international market expansion following its Nasdaq debut, as the autonomous driving technology firm navigates ongoing U.S.-China tensions.

Benzinga

China's 'Smart Cars' Are Coming For Tesla

Ah, self-driving. The promise of kicking back and letting your car do all of the heavy lifting from point-a to point-b while you doom scroll TikTok or pop a movie on Netflix. It's a wonderful reality we've been sold for years, but no company has made good on it despite…

InsideEVs

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EV Stocks Plunge As Trump Plans To Kill Incentives

The news of the potential death of the consumer credits for electric vehicle sales is sending shockwaves across the U.S. auto industry. Share prices of EV makers, including Tesla, are plummeting, incumbent federal officials are ringing alarm bells and automakers are bracing for the incoming Trump administration with leadership changes…

InsideEVs

GM's Self-Driving Cruise To Pay $500,000 Fine In Connection With Robotaxi Running Over Woman

The Justice Department revealed that Cruise will pay the fine as part of a deferred prosecution agreement.

International Business Times

Norwegian Cruise Line Stock: Is Wall Street Bullish or Bearish?

Norwegian Cruise Line has considerably outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

Barchart

Waymo Expands Robotaxi Service In Los Angeles

Waymo's expansion of robotaxi service in Los Angeles signifies progress in self-driving technology and growth in the autonomous vehicle industry.

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Waymo's robotaxis now open to anyone who wants a driverless ride in Los Angeles

Waymo on Tuesday opened its robotaxi service to anyone who wants a ride around Los Angeles, marking another milestone in the evolution of self-driving car technology since the company began as a secret project at Google 15 years ago

The Independent UK

Goldman Sachs-backed Simbe Robotics raises $50M in Series C funding to bolster retail robot business

Simbe is now working with 29 retail brands.

Fortune

No steering wheel, pedals: ready to ride in a Cybercab?

Tesla has unveiled its vision for self-driving taxis in a vehicle that has no manual driving controls. Experts say they are cautious but optimistic.

AAP

Tesla Robotaxi vs. Waymo vs. Cruise: Here's How They Stack Up

With hundreds of millions of dollars invested in developing vision-based autonomy, how does Tesla compare to Waymo and Cruise?

InsideEVs

Will Tesla's Robotaxi Reveal Live Up To Hype?

After years of talking up Tesla's prowess on autonomous driving, Elon Musk is set to host Thursday a much-hyped robotaxi event amid a mix of anticipation and skepticism.

International Business Times

GM CEO Mary Barra has spent a decade determined not to be disrupted. How she's transforming the auto giant for the EV future

Barra's reinvention of General Motors helps her claim the No. 1 spot on Fortune's Most Powerful Women in Business list.

Fortune

NHTSA: Cruise to pay $1.5M penalty after failing to fully report crash involving pedestrian

The National Highway Traffic Safety Administration says that General Motors’ Cruise autonomous vehicle division will pay a $1.5 million penalty as part of a consent order after the unit failed to fully report a crash involving a pedestrian

The Independent UK

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InsideEVs

Pulling The Plug On EVs? The Wild Fight Over Ending Subsidies

Today on Critical Materials: EV subsidies on the chopping block, Stellantis could be looking for a new CEO, and Cruise is headed back to California.

Barchart

Will the Tesla Robotaxi Reveal Be a Sell-the-News Event?

With EV giant Tesla on the brink of launching its game-changing Robotaxi next month, what stance should investors adopt ahead of this major event?

InsideEVs

Uber Will Use GM's Cruise Robotaxis

The ride-sharing giant announced a strategic partnership with the troubled autonomous vehicle company. This comes after Uber's own robotaxi efforts stalled out.

The Independent UK

Cruise will dispatch some of its trouble-ridden robotaxis to join Uber's ride-hailing service

Cruise’s trouble-ridden robotaxis are on the road to joining Uber’s ride-hailing service next year as part of a multiyear partnership bringing together two companies that once appeared poised to compete for passengers

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The Independent UK

US closes one of 2 probes into behavior of General Motors' Cruise autonomous vehicles after recall

U.S. auto safety regulators have closed one of two investigations into the performance of General Motors’ Cruise autonomous vehicles after the company agreed to do a recall

Fortune

Alphabet’s robo-taxi service hits a major new milestone after doubling ridership in just a few months

Waymo has emerged as the clear front-runner in the self-driving ride-hail race.

InsideEVs

A Zeekr May Be Your Next Waymo Taxi In The U.S.

The Swedish-designed electric minivan has a removable steering wheel, which could help Waymo go over any regulatory speed bump.

Fortune

GM-owned Cruise has lost interest in cars without steering wheels. Its competitors haven’t

Iconiq Growth is notoriously quiet with the media—until now.

InsideEVs

GM 'Repeatedly Fumbles The Ball' On New Technology, Ex-Cruise CEO Says

Former Cruise boss Kyle Vogt invokes GM's EV1 in a scathing tweet about the company canceling its Origin autonomous shuttle.

InsideEVs

GM’s Cruise Origin Robotaxi Is Officially Dead

The autonomous pod didn’t have a steering wheel or pedals, which led to “regulatory uncertainty.” But what will replace it?

Fortune

Can these two self-driving car vets upend Hollywood and beat out OpenAI?

AI startup Odyssey, cofounded by Cruise and Wayve alums, emerges from stealth with $9 million in venture capital funding

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