General Motors bets €4.3bn on the long road to safe driverless taxi

It’s one of the biggest bets going in the world of cars: Since May, General Motors (GM) and its Cruise self-driving car unit have landed €4.35bn in investment commitments from Japan’s SoftBank and Honda Motor to develop a robot taxi service that could safely navigate the city streets of San Francisco by the end of next year - putting it ahead Alphabet’s Waymo self-driving car unit, Uber and Lyft.

General Motors bets €4.3bn on the long road to safe driverless taxi

By Heather Somerville

It’s one of the biggest bets going in the world of cars: Since May, General Motors (GM) and its Cruise self-driving car unit have landed €4.35bn in investment commitments from Japan’s SoftBank and Honda Motor to develop a robot taxi service that could safely navigate the city streets of San Francisco by the end of next year - putting it ahead Alphabet’s Waymo self-driving car unit, Uber and Lyft.

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