Tag #Autonomous Vehicles

sueddeutsche.de
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Cruise's San Francisco Accident Halts Autonomous Vehicle Expansion

A fatal accident involving a Cruise autonomous vehicle in San Francisco led to the revocation of its operating license and exposed challenges in the autonomous driving industry, while Tesla's planned entry with a camera-only system and potential regulatory advantages adds another layer of complexity...

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56% Bias Score

Sustainable Cities and Communities
forbes.com
🌐 85% Global Worthiness
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GM Ends Cruise's Stand-Alone Robotaxi Efforts

General Motors is ending its Cruise robotaxi subsidiary's independent operations after investing billions, integrating it into GM's internal autonomous vehicle development to save over $1 billion annually due to the high costs and long timeframe required to compete with market leader Waymo.

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40% Bias Score

Industry, Innovation, and Infrastructure
abcnews.go.com
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"GM Abandons Robotaxi Venture After $10 Billion in Losses"

"General Motors announced it is abandoning its money-losing Cruise robotaxi unit after investing $2.4 billion and incurring over $10 billion in operating losses, instead focusing on driver-assist technologies for its personal vehicles. "

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56% Bias Score

Industry, Innovation, and Infrastructure
bbc.com
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GM Halts Funding for Cruise Self-Driving Taxi Project

General Motors announced it is ending funding for its Cruise self-driving taxi project due to the competitive market and resource demands, shifting focus to autonomous personal vehicles; this follows a series of setbacks including job cuts, safety incidents, and a criminal investigation.

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44% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 75% Global Worthiness
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GM Shifts from Robotaxis to ADAS, Highlighting Challenges in Autonomous Vehicle Economics

General Motors' decision to halt funding for its Cruise robotaxi unit and instead focus on advanced driver-assist systems (ADAS) reflects the industry's growing skepticism toward the robotaxi business model's profitability after over \$10 billion in investment.

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44% Bias Score

Reduced Inequality
abcnews.go.com
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Waymo Expands Robotaxi Service to Miami, Outpacing Rivals

Waymo plans to launch a driverless robotaxi service in Miami by 2026, expanding its operations beyond Los Angeles, Phoenix, and San Francisco, while rival Cruise faces setbacks after a serious accident.

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52% Bias Score

Sustainable Cities and Communities
theglobeandmail.com
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GM abandons robotaxi business, to focus on driver-assist systems

General Motors announced Tuesday it will end funding for its money-losing Cruise autonomous vehicle unit and focus on developing driver-assist systems for personal vehicles, citing the considerable time and resources needed to scale the robotaxi business and a increasingly competitive market.

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48% Bias Score

Industry, Innovation, and Infrastructure
abcnews.go.com
🌐 85% Global Worthiness
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"GM Abandons Robotaxi Venture Cruise, Focusing on Driver-Assist Systems"

"General Motors announced it is abandoning its money-losing Cruise robotaxi unit after investing \$2.4 billion and sustaining over \$10 billion in operating losses, choosing instead to focus on driver-assist technologies for its personal vehicles. This decision comes after a series of setbacks, incl...

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40% Bias Score

Industry, Innovation, and Infrastructure
cbsnews.com
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GM Ends Funding for Cruise Robotaxi Unit

General Motors announced it will end funding for its money-losing Cruise autonomous vehicle unit, citing the considerable time and resources required to scale the business, along with a highly competitive market, and refocus on driver-assist technologies like Super Cruise after safety incidents and ...

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48% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
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CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook

Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.

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52% Bias Score

Decent Work and Economic Growth
cnbc.com
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"Tesla Faces Lawsuit Over Fatal Autopilot Crash, Case Moved to Federal Court"

"The family of Genesis Mendoza-Martinez, who died in a 2023 Tesla Autopilot crash, is suing Tesla for fraudulent misrepresentation, alleging that misleading marketing of the Autopilot system contributed to the fatal collision. The case, initially in state court, has been moved to federal court, incr...

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44% Bias Score

dailymail.co.uk
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Tesla Stock Soars on Trump's Autonomous Vehicle Plans

Tesla's stock price surged due to news suggesting that the Trump administration will prioritize the development of self-driving car regulations, benefiting Elon Musk and Tesla.

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44% Bias Score