Cruise Automation, the General Motors company developing shared, autonomous EVs, laid off about 150 people on Thursday. It’s the latest sign that self-driving car companies face challenging economic circumstances due to the pandemic.
GM Cruise Stories May 14
GM Cruise Stories October 3, 2018
As we have been discussing for a while, we are seeing more consolidation within the auto industry when it comes to autonomous driving technology as automakers are trying to bet on the right horse.
In the latest example of that consolidation, Honda is betting on GM’s cruise to build autonomous vehicles. expand full story