cruise - Tech News from Simmons Systems (Page 6)

Tech News from Simmons Systems

cruise

A collection of 94 posts

California DMV Grants Waymo and Cruise Commercial Robotaxi Permits

The California DMV grants Waymo and GM Cruise permits to operate commercial autonomous taxi services in parts of San Francisco, though with different operational restrictions. Cruise immediately gains the ability to carry paying passengers without a driver, while Waymo faces an updated status.

autonomous vehicles

California Approves Autonomous Driving Permits for Cruise and Waymo

California regulators grant Cruise and Waymo new permits to operate commercial autonomous vehicle services in the state. This milestone allows both companies to expand their robotaxi operations without human drivers.

California Clears Waymo and Cruise to Launch Commercial Robotaxi Services

The California DMV grants new permits that allow Waymo and Cruise to charge passengers for autonomous rides, bringing fully driverless taxis closer to reality.

California Grants Waymo and Cruise Commercial Robotaxi Permits

The California DMV issues commercial deployment permits to Waymo and GM Cruise, allowing them to charge passengers for autonomous rides in San Francisco. The two companies operate under distinct restrictions regarding speed, hours, and passenger capabilities.

California Nears Launch of Commercial Robotaxi Services for Waymo and Cruise

Waymo and Cruise receive crucial permits from the California DMV, bringing fully commercial autonomous ride-hailing services to the state's streets.

California DMV Grants Driverless Ride Permits to Waymo and Cruise

The California DMV grants deployment permits to Waymo and Cruise, bringing autonomous public rides closer to reality. However, the companies still face regulatory hurdles and specific operating restrictions before launching paid services.

Waymo Launches Trusted Tester Program for San Francisco Residents

Waymo brings its autonomous ride-hailing service to San Francisco through a new application-based Trusted Tester program. The expansion places the Alphabet unit in direct competition with local rivals like Cruise and Zoox.

Waymo Secures $2.5 Billion to Expand Autonomous Rideshare Operations

Alphabet-led investment brings Waymo's total recent funding to nearly $6 billion as it competes with Cruise to launch paid driverless rides in San Francisco.

Cruise Taps $5 Billion GM Credit Line for Electric Origin Vehicles

General Motors' self-driving subsidiary Cruise secures a $5 billion credit line from GM Financial to fund the production of its custom autonomous Origin shuttle. This financial boost brings the company's total war chest beyond $10 billion as it prepares for commercial launch.

GM-Backed Cruise Secures $5 Billion Credit Line for Robotaxi Expansion

Cruise, the self-driving unit majority-owned by General Motors, locks down a massive $5 billion credit facility to fund its commercial robotaxi ambitions. The new financial backing highlights growing institutional confidence in autonomous vehicle technology.

Microsoft Backs Cruise with $2 Billion to Accelerate Self-Driving Rollout

Microsoft joins a $2 billion investment round into General Motors' self-driving subsidiary Cruise. The massive funding aims to fast-track the commercialization of autonomous vehicles.

Waymo and Cruise Pursue Paid Driverless Ride Permits in California

Rival autonomous vehicle companies Waymo and Cruise seek state permits to charge passengers for driverless rides in San Francisco. Cruise currently holds a slight lead after gaining authorization for a driverless pilot program.

Cruise Secures First California Permit for Driverless Passenger Rides

GM-backed Cruise earns the initial California permit to transport passengers in fully driverless vehicles, though it cannot yet charge for the service.

Cruise Becomes First to Secure California Permit for Driverless Passenger Rides

Cruise earns a historic permit from California regulators to transport passengers in fully driverless vehicles. However, the company still needs additional approvals before it can charge for these robotaxi rides.

Microsoft Invests $2 Billion in Cruise to Push Autonomous Rides

Cruise secures a massive $2 billion funding round led by Microsoft, pairing new capital with a strategic cloud partnership to scale its self-driving ride-hailing ambitions.