Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles:

🙁 GM’s Cruise Abandons Origin Robotaxi, Takes $583 Million Charge. “GM GM -0.05%↓ reported a financial charge of $583 million in the second quarter that is tied to the non-cash write-off of Origin assets and other restructuring costs. The Cruise subsidiary had an operating loss of $1.14 billion in the second quarter that included a $605 million impairment charge. “

🤞 Elon Musk Sets New Date for Tesla Robotaxi Reveal, Calls Everything Beyond Autonomy Noise. “Elon Musk says he will show off Tesla’s TSLA -1.54%↓ purpose-built “robotaxi” prototype during an event Oct. 10, after scrapping a previous plan to reveal it Aug. 8. Musk said Tesla will also show off ‘a couple of other things,’ but didn’t explain what that meant.”

🏛 Waymo Is Suing People Who Allegedly Smashed and Slashed Its Robotaxis. “Waymo attorneys said in court papers that the alleged vandalism, which ruined dozens of tires and a tail end, are a significant threat to the company’s reputation.”

🛺 Ohmio’s Autonomous Vehicles Are Running at JFK Airport. “The Port Authority of New York and New Jersey recently announced a pilot program at JFK featuring autonmous vehicles from the New Zealand-based company Ohmio.”

🏎 Indy Autonomous Challenge Racecar Sets Self-Driving Hill Climb Speed Record. “After three runs, the [PoliMOV-MSU] racecar broke the record on the third and final Goodwood Hill run at 111.2 mph in 66.37 seconds. Roborace’s DevBot 2.0 driverless automobile set the previous record in 2019 at 101.16 mph (162.8 km/h) in 66.96 seconds. The hill climb is 1.14 miles from a standing start.