Cruise-ing To Nowhere: GM Halts Cruise’s Robotaxi Development

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Cruise-ing To Nowhere: GM Halts Cruise’s Robotaxi Development - Forbes

Quick Summary:

Perhaps the next few years will be a battle between Google, Amazon, and Chinese AV companies to become the first profitable robotaxi company.

Instead of focusing on robotaxi, GM will develop advanced driver assist systems (ADAS) with the longer term vision of personally owned autonomous vehicles.

An early concept of self-driving cars was presented at the 1939 New York World Fair when General Motors sponsored Norman Bel Geddes’ “Futurama” exhibit that among other innovations showcased self-driving vehicles using radio control and magnetic tracks.