<ul><li>General Motors Co. announced that it will no longer fund Cruise LLC’s robotaxi deployment work.</li><li>GM cited long development times, high costs, and an increasingly competitive robotaxi market as the reasons for its decision.</li><li>GM will combine the Cruise and GM technical teams to advance autonomous and assisted driving.</li><li>GM plans to acquire the remaining shares of Cruise to restructure and refocus its operations.</li></ul>

GM will no longer fund Cruise’s robotaxi development

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