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 […]
Pour one out for Cruise and why autonomous vehicle test miles dropped 50% Read More »
Autonomous vehicle company Cruise is laying off “nearly” 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of Cruise will move under parent company General Motors as the automaker directs its resources towards improving its hands-free driver assistance
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations Read More »
Tech companies developing self-driving vehicle technology have tapped the brakes on testing on California’s public roads, according to new data from the state’s Department of Motor Vehicles. The agency reported Friday a total of 4.5 million autonomous vehicle test miles were logged in 2024, a 50% drop from the previous year. That figure covers two
Autonomous vehicle testing in California dropped 50%. Here’s why. Read More »
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
Boom goes supersonic and Elon promises a self-driving service by summer Read More »
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
GM expects to save up to $1 billion on Cruise costs Read More »
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
The trends that shaped EVs, robotaxis, and electric flight in 2024 Read More »
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
The biggest flops and fizzles in 2024 transportation, from Apple Car to Fisker Read More »
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
GM ‘blindsides’ Cruise by giving up on robotaxis Read More »
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 —
The federal crash-reporting rule Tesla opposes could be on the chopping block Read More »
Almost one decade after its $1 billion acquisition of Cruise, automaker General Motors has decided to give up on the self-driving startup. GM will now use Cruise tech to improve its own advanced driver assistance system with the ultimate goal of offering personal autonomous vehicles. Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha
It’s the end of the road for Cruise, and Bluesky is still taking off Read More »
