GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston

TechCrunch
By Rebecca BellanJun 11, 2024, 2:25 pm470 ptsHotTop
General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston. GM’s CFO Paul Jacobson announced the capital infusion on stage at Deutsche Bank’s Global Automotive Industry Conference on Tuesday.…

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