SFGate reported on Tuesday Cruise saw $10 billion in losses.
in which the Detroit-based legacy automaker announced it planned to “realign its autonomous driving strategy and prioritize development of advanced driver assistance systems on a path to fully autonomous personal vehicles.” This means robotaxi company, a competitor to Waymo of which GM majority owns—GM said the number is 90%—will be folded into “a single effort to advance autonomous and assisted driving.
GM said it will “no longer fund Cruise’s robotaxi development work given the considerable time and resources that would be needed to scale the business,” citing what it called “an increasingly competitive robotaxi market.” SFGateafter it was discovered Cruise withheld footage of an incident where one of its vehicles hit a person and dragged them for 20 feet while moving.Cruise admitted to lying to federal investigators about the event.
GM’s choice to shutter Cruise boils down to a business decision by beancounters, but it’s truly sad for disabled people. Despite whatever problems Cruise clearly had, the reality is autonomous vehiclesthe future and they mean a lot to those in the disability community who face constant barriers to mobility.
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