Electric Vehicles Research
Dec 13, 2024
The Story of Cruise and How Its Loss Impacts the Robotaxi Industry
IDTechEx predicts that 2024 and the coming couple of years will be seen as the hockey-stick moment for robotaxis. Companies across the US and China are preparing for a mass roll-out of services.
Cruise was one of the early leaders in robotaxi development, getting off to a good start and attracting the attention of General Motors who acquired the company in 2016. However, in December 2024 it appears that GM and Cruise's robotaxi endeavour is coming to a premature end.