In a recent article I discussed Ford’s new division called Ford Autonomous Vehicles LLC and this article covers an update to their big rival General Motors, with their Cruise Automation business, now called G.M. Cruise Holdings (GMCH). In a recent announcement, a fund affiliated with SoftBank, a Japanese company, has stated that they will be injecting $2.25B into GMCH with … [Read more...]
GM and Cruise Automation
We all hear about Uber, Google and others all working hard to get autonomous cars out on the road. As you can imagine, the Big 3 are also attempting to get something working - quicker than the smaller players. Last year General Motors bought Cruise Automation based out of San Francisco to ensure that they were at the forefront of this new technology. I have written about … [Read more...]
