GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston
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 onstage at Deutsche Bank’s Global Automotive Industry Conference on Tuesday. “This will help bridge Cruise funding until we can […] © 2024 TechCrunch. All rights reserved. For personal use only.
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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 onstage at Deutsche Bank’s Global Automotive Industry Conference on Tuesday. “This will help bridge Cruise funding until we can […]
© 2024 TechCrunch. All rights reserved. For personal use only.
