GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston

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GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston

Posted by - Latinos MediaSyndication -

on - June 11, 2024 -

Filed in - Financial -

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General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston. GM’s CFO Paul Jacobson announced the capital infusion on stage at Deutsche Bank’s Global Automotive Industry Conference on Tuesday. “This will help bridge Cruise funding until we […]

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GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston

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