Tag: GM Cruise
Weekly Connected and Autonomous Vehicle News
✔ Uber and BYD Partner to Accelerate Global EV Transition. “Uber UBER -5.77%↓ and BYD announced a partnership designed to bring 100,000 new BYD electric vehicles onto the Uber platform across...
Alphabet To Invest $5 Billion in Waymo
Alphabet To Invest $5 Billion in Waymo
Large investment comes as Waymo expands further into San Francisco
So much for autonomous vehicle funding drying up. Alphabet GOOG -0.01%↓ announced this...
Cruise Gets $850 Million From GM
Company has burned through $8.2 billion since 2017, hopes to restart testing
There is hope for Cruise, the robotaxi company that was forced to cease operations...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
🚘 Chinese EV Makers, and Their Connected Vehicles, Targeted by New House Bill. “The bill, introduced by U.S. Rep. Elissa Slotkin, comes as the trade...
Despite Recent Waymo and Cruise Setbacks, May Mobility Grabs $105 Investment
Autonomous vehicle companies have been getting hammered by the regulatory agencies lately, but May Mobility this week announced a $105 million Series D round. The round, led...
GM President Moves to Cruise
Full story at Reuters
DETROIT (Reuters) - General Motors Co (GM.N) President Dan Ammann will take over as chief...
Honda to invest $2.75 billion in GM’s self-driving car unit
Reuters
(Full Story at Link Above)
WARREN, Mich (Reuters) - Honda Motor Co Ltd (7267.T) will invest $2.75 billion and take a 5.7 percent stake in...
SoftBank Invests $2.25 Billion in GM’s Cruise
ZDNet
Full story at the link above.
SoftBank Vision Fund will claim a 19.6 percent stake in General Motors Cruise Holdings, the automaker's autonomous vehicle unit,...
