General Motors says it will withdraw from driverless taxi
development, citing spiraling costs and increasing competition.
The company says it will combine its Cruise robotaxi subsidiary with other GM teams working on autonomous driving technology.
The restructuring is expected to reduce the US automaker's annual spending by more than 1 billion dollars.
GM's self-driving taxis have been in operation in San Francisco and other cities since it acquired Cruise in 2016.
However, it suspended the service in October last year following an accident involving one of its vehicles.
GM's decision will have repercussions in Japan. Honda Motor is now expected to cancel its plan to start a robotaxi service with GM in Tokyo from 2026.
Honda is likely to sell its stake in Cruise to GM, but the two will continue to work on development of electric vehicles and fuel cell systems.
development, citing spiraling costs and increasing competition.
The company says it will combine its Cruise robotaxi subsidiary with other GM teams working on autonomous driving technology.
The restructuring is expected to reduce the US automaker's annual spending by more than 1 billion dollars.
GM's self-driving taxis have been in operation in San Francisco and other cities since it acquired Cruise in 2016.
However, it suspended the service in October last year following an accident involving one of its vehicles.
GM's decision will have repercussions in Japan. Honda Motor is now expected to cancel its plan to start a robotaxi service with GM in Tokyo from 2026.
Honda is likely to sell its stake in Cruise to GM, but the two will continue to work on development of electric vehicles and fuel cell systems.
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Summary
General Motors withdraws from driverless taxi development, citing high costs and intense competition. This decision leads to a restructuring of Cruise robotaxi subsidiary with other autonomous driving teams, resulting in over $1 billion annual savings. The move follows the suspension of GM's
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ID: 7832cccf-696d-495e-803c-f2ec7a10fcac
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20241211_B06/
Created: 2024/12/12 07:00
Updated: 2025/12/08 07:56
Last Read: 2024/12/12 07:24