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Today: July 1, 2025
December 10, 2024
1 min read

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

GM even announced plans for Cruise to generate $1 billion in annual revenue by 2025, but it scaled back spending on the company after one of its autonomous Chevrolet Bolts dragged a San Francisco pedestrian who was hit by another vehicle in 2023.

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