GM Cruises to Restart Supervised Robotaxi Testing in Texas Months After Suspension – General Motors (NYSE:GM)

General Motors Co‘S GM self-driving car units Cruise It will reportedly resume testing its robotaxis on public roads in Texas.

What happened: Cruise plans to restart robotaxi testing in Texas, with safety drivers, in the coming weeks, Bloomberg reported. Potential testing locations are Houston and Dallas, the report added.

Cruise did not immediately respond On petrolrequest for comment.

Because matter: Following a pedestrian accident involving one of its autonomous vehicles in San Francisco in early October, Cruise suspended both autonomous and manual AV operations in the United States. Since then, several key executives have resigned from the company, including its two co-founders Kyle Vogt AND Dan Kan.

GM reported an operating loss of $3.48 billion for Cruise in 2023, compared to a loss of $3.24 billion in 2022. Despite these challenges, GM CEO Maria Barra highlighted the company’s commitment to Cruise during last month’s fourth-quarter earnings call and said it would be relaunched.

However, the parent company did not provide a roadmap for the relaunch at the time.

Barra indicated that while Cruise’s spending will be significantly reduced this year, investments will continue in the development of self-driving software, specialized hardware and other artificial intelligence capabilities.

Find out more of Benzinga’s Future of Mobility coverage by following this link.

To know more: Tesla’s long-range Model 3 gets a price increase for the third time this month, but it’s very small

Disclaimer: This content was partially produced with the help of Benzinga Neuro and has been reviewed and published by Benzinga Editors.

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