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  • GM’s Cruise looks to start charging for robotaxi rides next year, Bloomberg News reports
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GM’s Cruise looks to start charging for robotaxi rides next year, Bloomberg News reports

Market Spectator July 25, 2024
2024-07-25T175319Z_1_LYNXMPEK6O0WY_RTROPTP_4_GM-CRUISE

(Reuters) -General Motors’ self-driving technology unit, Cruise, aims to return to running fully autonomous rides later this year and charge fares by early 2025, Bloomberg News reported on Thursday, citing people familiar with the matter.

The division had said earlier this week it would focus on developing a next-generation Chevrolet Bolt car instead of a planned Origin vehicle that would not have a steering wheel or pedals for humans to control.

Cruise has been under regulatory scrutiny after an accident last year, in which one of its robotaxis struck a pedestrian and dragged her 20 feet (6 meters).

The company did not immediately respond to a Reuters request for comment.

(Reporting by Akash Sriram in Bengaluru; Editing by Shilpi Majumdar)

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