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News, Analysis & Perspective on Autonomous Vehicles

SoftBank joins GM in self-driving car race; GM shares soar

Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up nearly 13 percent.

https://in.reuters.com/article/gm-softbank-autonomous/softbank-joins-gm-in-self-driving-car-race-gm-shares-soar-idINKCN1IW1Q5

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