It May Be Too Late to Fend Off China’s Battery Giants

Reuters

GM to halt production of Cruise driverless van

(Reuters) -General Motors said Monday it plans to temporarily halt production of its fully autonomous Cruise Origin van just days after the unit said it was pausing all driverless operations. The move was first reported by Forbes, citing an audio of Cruise CEO Kyle Vogt’s address at an all-hands meeting. Vogt, according to Forbes, told staff during the meeting that the company has produced hundreds of Origin vehicles already, and that it is “more than enough for the near-term when we are ready to ramp things back up.”

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