Thursday, October 30, 2025

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

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Silver47 Completes Property-Wide Geochemical, Rock Sampling Program At Adams Plateau, Identifies Numerous Targets

Altamira Gold Identifies Presence Of Second Mineralized Porphyry Body At Cajueiro

Related News

Honda To Build Its Own Electric Vehicle Architecture

Honda Motor Co. (TYO: 7267) announced Monday its plans to develop electric vehicles through its...

Monday, June 28, 2021, 02:27:00 PM

General Motors Reports Strong 3Q 2022; Stock Continues to Look Inexpensive

General Motors Company (NYSE: GM) on Tuesday reported much better than expected 3Q 2022 results....

Thursday, October 27, 2022, 03:54:00 PM

General Motors’ Lithium Deal In California Desert Underscores Value of Well-Defined Lithium Projects

On July 2, General Motors Company (NYSE: GM) reached an agreement with Controlled Thermal Resources...

Sunday, July 11, 2021, 09:00:00 AM

Waymo Looks To Raise $4 Billion In Capital Despite Management Departures

Waymo, a subsidiary of Alphabet Inc, is planning on raising up to $4 billion in...

Thursday, May 20, 2021, 02:34:00 PM

General Motors Mulls Stake In Brazilian Nickel Miner Vale

General Motors (NYSE: GM) has considered purchasing a stake in Brazilian miner Vale SA’s base...

Thursday, February 9, 2023, 12:52:00 PM