Cruise told by regulators to ‘immediately' reduce robotaxi fleet 50% following crash
Cruise, the self-driving car subsidiary of GM, has been asked to reduce its robotaxi fleet by 50% in San Francisco following a crash Thursday night with a fire truck. The California Department of M...
Driverless buses begin cruising the streets of San Francisco's Treasure Island
San Francisco has launched an autonomous-shuttle service — less than a week after California regulators approved the expansion of robotaxis despite traffic and safety concerns.
Cruise robotaxi gets in accident with San Francisco fire truck, one injured
The Cruise self-driving car struck a fire truck around 10 PM and forced one passenger to be transported in an ambulance to local medical facilities.
San Francisco asks state regulators to pause robotaxi rollout, reassess approval
Less than a week after California regulators opened the floodgates to driverless robotaxis in San Francisco, the city has asked for that rollout to be suspended.
Cruise and Waymo see a surge in robotaxi app downloads
Consumer interest in Cruise and Waymo's competing robotaxi services surged following a vote last week by the California Public Utilities Commission that allowed the two companies to expand and char...
General Motors (GM) & Mitra Chem to Boost EV Battery Tech
General Motors (GM) ventures into AI-driven battery tech with Mitra Chem to develop affordable batteries for EVs.
Warren Buffett Slashes Stake in GM: Wall Street Analyst Dan Ives Says It's Likely Due to "Potentially Bumpy" EV Launch
Berkshire cut its position in General Motors stock by 45% in Q2. Concerns about the company's EV launches may have spurred the sale.
Two auto industry CEOs on EV rentals, charging headwinds and EV demand
General Motors CEO Mary Barra and Hertz CEO Stephen Scherr join 'Power Lunch' to discuss GM's investment in a battery materials company and the future of the EV market.
GM partners with AI-powered battery materials startup Mitra Chem to develop cheaper EV batteries
General Motors Company (NYSE:GM) (GM) is leading a $60 million financing round in AI-powered battery materials developer Mitra Chem. The California-based startup is developing new lithium iron phos...
GM partners with startup Mitra Chem to develop affordable EV batteries
General Motors is leading a $60 million Series B round into Mitra Chem, a battery materials startup promising to help build more affordable and accessible EV batteries for future GM vehicles. Batte...
GM backs EV battery startup as it shifts future focus to cheaper materials
General Motors is investing in a Silicon Valley startup to help it speed development of a more affordable battery chemistry for its future electric vehicles, the company said on Wednesday.
General Motors is investing in a startup working on better and cheaper EV batteries
GM is leading a $60 million funding round in Mitra Chem, a battery startup founded by Tesla and Toyota veterans that aims to make cheaper EV batteries.
New Strong Buy Stocks for August 16th
GM, IBN, PIRS, GPI and MBWM have been added to the Zacks Rank #1 (Strong Buy) List on August 16, 2023.
Best Income Stocks to Buy for August 16th
GTY, MBWM and GM made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 16, 2023.
On the streets of San Francisco, will robotaxis run amok or aground?
The caravans of driverless cars from Cruise and Waymo are about to get much bigger — in spite of a rash of accidents and incidents including the cars frequently stopping in the middle of the road, ...
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