cruise - Tech News from Simmons Systems

Tech News from Simmons Systems

cruise

A collection of 94 posts

Cruise Reduces Robotaxi Fleet in Half Following San Francisco Crashes

Cruise cuts its San Francisco robotaxi fleet by 50% after a series of recent crashes raises safety concerns. The reduction allows the company to focus on improving its autonomous driving technology.

General Motors Ends Funding for Cruise Autonomous Taxi Division

General Motors officially stops funding its self-driving subsidiary Cruise, shifting focus away from autonomous robotaxis to advanced driver assistance systems for personal vehicles. The company navigates this transition after a troubled history involving safety incidents and leadership changes.

Cruise Pays $500,000 After Admitting False Robotaxi Crash Report

Autonomous vehicle company Cruise admits to filing a false federal report regarding a 2023 incident where its robotaxi dragged a San Francisco pedestrian. The company agrees to a $500,000 penalty as part of a deferred prosecution agreement with the Department of Justice.

Cruise Pays $500,000 After Admitting False Robotaxi Crash Report

Autonomous vehicle company Cruise admits to filing a false federal report about a 2023 incident where its robotaxi dragged a San Francisco pedestrian. The General Motors subsidiary agrees to a $500,000 penalty as part of a deferred prosecution agreement.

California Regulators Clear Robotaxi Expansion in San Francisco

California regulators approve around-the-clock robotaxi services from Cruise and Waymo in San Francisco, making it the first major U.S. city with two competing driverless fleets despite ongoing safety concerns.

California Regulators Approve 24/7 Robotaxi Expansion in San Francisco

California utility commissioners vote to allow Cruise and Waymo to operate paid, round-the-clock driverless ride services across San Francisco. The landmark decision makes the city the first major U.S. hub with competing robotaxi fleets, despite ongoing safety and traffic concerns.

Cruise Launches First Public Driverless Robotaxi Service in San Francisco

Cruise opens its fully driverless robotaxi service to the general public in San Francisco, starting with a small waitlist of users who ride for free. The company operates under strict state permits with limited hours and vehicles as it cautiously expands this historic rollout.

Transportation Sector Faces Strategic Whiplash as EV and Robotaxi Plans Shift

Legacy automakers and startups change course dramatically in 2024, scaling back EV ambitions and pivoting autonomous vehicle strategies to survive shifting consumer demands.

Waymo Leads US Robotaxi Market As Rivals Gear Up For 2025

Waymo dominates the U.S. robotaxi market in 2024 after completing millions of autonomous rides, while competitors like Tesla and Zoox prepare to challenge its lead.

GM Abruptly Ends Cruise Robotaxi Program, Absorbs Startup Into Automaker

General Motors shocks Cruise employees by announcing the sudden end of the robotaxi program via a Slack message. The self-driving startup will be absorbed into GM to focus on personal autonomous vehicles instead.

GM Abandons Cruise Robotaxi Ambitions to Focus on Personal Autonomy

General Motors officially ends its commercial robotaxi dreams, absorbing Cruise to focus on incremental autonomous features for personal vehicles instead.

Microsoft Faces $800 Million Loss Following GM Cruise Robotaxi Shutdown

Microsoft takes a massive $800 million impairment charge after General Motors abruptly ends its Cruise robotaxi program. The financial hit drops the tech giant's quarterly earnings per share by approximately nine cents.

Cruise Resumes Bay Area Testing One Year After Pedestrian Crash

Cruise brings human-driven mapping vehicles back to Sunnyvale and Mountain View as it prepares for supervised robotaxi testing later this fall. This return follows a regulatory settlement, leadership changes, and a new partnership with Uber.

autonomous vehicles

Autonomous Vehicle Developers Drive Record $2.7B Robotics Funding in June

Robotics investments reach a 2024 high of $2.7 billion in June, largely driven by massive funding rounds for autonomous vehicle companies. The monthly total easily surpasses the trailing 12-month average and pushes the 2024 halfway mark to $8.4 billion.

General Motors' Cruise Faces Major Setbacks After San Francisco Incidents

GM's driverless car subsidiary Cruise endures a devastating year marked by safety incidents, regulatory scrutiny, and halted operations in San Francisco.