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GM to cut funding for Cruise in pivot away from commercial robotaxis

  • General Motors (GM) plans to cut funding for its driverless robotaxi company Cruise and focus on autonomy development in personal vehicles.
  • GM will bring its autonomy development program in-house and focus on building out its Super Cruise driver assistance system.
  • The decision is due to the time and resources needed to scale the robotaxi business and the increasing competition in the market.
  • GM expects the restructuring plan to decrease spending by over $1 billion per year upon completion.

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