Thursday, October 9, 2025

Latest

GM’s Cruise to Debut Driverless Taxis in 2022

General Motors’ (NYSE: GM) autonomous car subsidiary Cruise plans to debut its driverless taxi service as early as next year.

On Thursday, GM’s product development and purchasing chief Doug Parks announced during the Deutsche Bank AutoTech Conference Cruise is targeting operations of its fully autonomous taxi service in 2022. The taxi service will run in San Francisco, where Cruise is already in the midst of a pilot project that sees driverless vehicles pick up GM employees. “The technology is really coming,” said Parks. “We’re on our way, targeting commercial deployment next year.”

However, Cruise’s current permit allows the company to test its autonomous vehicles only at night and on streets that do not exceed a 30 mph speed limit. Although Cruise is not allowed to charge a fee for ride-hailing services, the current permit does allow the company to charge for delivery services.


Information for this briefing was found via Deutsche Bank. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Stellantis CEO Throws Cold Water On Investor Presumptions Of EV Adoption

Early during the week of January 17, 2022, Carlos Tavares, CEO of Stellantis N.V. (NYSE:...

Sunday, January 23, 2022, 09:00:00 AM

GM Announces Return of the Hummer, this time, All-Electric

This morning General Motors (NYSE: GM) rolled out their new website with a brief blog...

Thursday, January 30, 2020, 01:43:54 PM

GM Expands Recall to Include ALL Bolt EV Models Ever Produced, Expected to Cost Another $1 Billion

General Motors (NYSE: GM) is expected to broaden its recent recall of Chevy Bolt EVs...

Saturday, August 21, 2021, 11:08:00 AM

GM Beats Q3 2023 Estimates But Sees Income Decline Due To UAW Strike, Retracts Forecasts

General Motors (NYSE: GM) exceeded Wall Street’s expectations for the third quarter, despite grappling with...

Tuesday, October 24, 2023, 09:32:20 AM

GM Launches Electric Delivery Vehicle Business

Following a new logo unveiling that is expected to align with a zero-emissions future, GM...

Monday, January 18, 2021, 11:57:00 AM