Currently reading: Why GM’s Cruise division is bullish despite losing $5m a day
Europe-bound General Motors’s autonomous driving arm lost $500m in Q2 2022, but bosses anticipate a turnaround
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GM CEO Mary Barra said in July that Cruise could eventually raise $50 billion per year
Cruise currently uses a fleet of adapted Chevrolet Bolt EVs but is also developing a bespoke robotaxi
Cruise Origin robotaxi is tipped to enter production next year
Rival Waymo can now operate its Jaguar I-Pace robotaxi without a driver in downtown Phoenix, Arizona
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5 mins read
4 October 2022
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