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News, Analysis & Perspective on Autonomous Vehicles

GM-backed Cruise sees robotaxi unit growing past $50 billion

General Motors Co.’s Cruise LLC autonomous vehicle unit will tell investors this week that it sees a path for its ride-hailing business to reach $50 billion in revenue as it ramps up over the next couple of years, people familiar with the matter said. GM’s shares jumped the most in nearly three months.

https://www.bloomberg.com/news/articles/2021-10-04/gm-backed-cruise-sees-robotaxi-business-growing-past-50-billion

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