LyrArc Article Gist
The story of GM's self driving car Cruise stemming from its acquisition of a startup in California in 2016. It started with GM perceiving a threat from driverless cars and ride hailing firms. After the acquisition GM's share price rallied. Investments came in from Softbank and other companies. The company planned a robo-taxi service to test its cars in American cities. This story covers the accidents as GM pushed for it too early till California pulled out of the program.
The story of GM's self driving car Cruise stemming from its acquisition of a startup in California in 2016. It started with GM perceiving a threat from driverless cars and ride hailing firms. After the acquisition GM's share price rallied. Investments came in from Softbank and other companies. The company planned a robo-taxi service to test its cars in American cities. This story covers the accidents as GM pushed for it too early till California pulled out of the program.
