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Scouring the news for interesting articles on robotaxis.

The Verge – Dude, where’s my self-driving car?

Article from the Verge by Andrew J. Hawkins on why we don't have the autonomous vehicles we were promised. The excellent article presents not only the history of the development of autonomous vehicles, but also why it has taken so long, why the predictions have been so far off (especially with Tesla), and why so much money has been thrown at the technology.
Read MoreThe Verge – Dude, where’s my self-driving car?
Reuters

Reuters – GM to cut spending by $1 billion on robotaxi unit Cruise in 2024

General Motors is slashing Cruise's 2024 budget by $1 billion despite a commitment to its robotaxi venture. Following an accident resulting in investigations, GM seeks to refocus Cruise, now enduring a $2.7 billion loss and restructuring. CEO Barra emphasizes safety and talent retention, as expansion plans are paused.
Read MoreReuters – GM to cut spending by $1 billion on robotaxi unit Cruise in 2024

NY Times – Cruise Says Hostility Toward Regulators Led to Grounding of Its Autonomous Cars

An investigation by Quinn Emanuel law firm into an October crash involving a Cruise driverless car revealed a lack of clear communication with regulators and prioritization of reputation over safety. Following the incident, the Justice Department and other agencies are investigating, Cruise has halted operations, laid off staff, and replaced its CEO. The self-driving subsidiary of General Motors is now seeking to rebuild trust and resume business..
Read MoreNY Times – Cruise Says Hostility Toward Regulators Led to Grounding of Its Autonomous Cars

Cruise Releases Third-Party Findings Regarding October 2

In a blog post, Cruise published the detailed Quinn Emanuel report on the October 2nd crash where a pedestrian was struck by a Cruise AV after a hit-and-run incident. Despite Cruise's claim of no intentional deceit, the report uncovers procedural and leadership shortcomings, leading to misinformation and incomplete disclosures to regulators and the media. This resulted in the suspension of Cruise's driverless permits. Changes including high-level employee departures and operational overhauls are being implemented.
Read MoreCruise Releases Third-Party Findings Regarding October 2