After sightings by WIRED, GM confirms that a limited number of sensor-laden Bolt EVs have been given a second life.

GM, which owns about 90% of Cruise, has agreements with other shareholders that will raise its ownership to more than 97% and will pursue the acquisition of the remaining shares. 3.

During an investor call Tuesday, CFO Paul Jacobson said GM, which owns about 90% of Cruise, has agreements with other minor stakeholders to sell their shares and raise GM's ownership to more than 97%.

After setbacks at Cruise, GM’s self-driving vehicle arm, the automaker has decided to wait for the new Chevrolet Bolt to launch in 2025 and use the small electric crossover as its robotaxi instead.

Instead, after spending more than $10 billion on Cruise since acquiring it in 2016, GM is ending the robotaxi business and folding Cruise’s operations and an undetermined number of its nearly ...

Tesla has hired Henry Kuang, the former ‘Head of Autonomy’ at GM’s failed self-driving startup, Cruise. Update: Tesla denied ...

During an investor call Tuesday, CFO Paul Jacobson said GM, which owns about 90% of Cruise, has agreements with other minor stakeholders to sell their shares and raise GM's ownership to more than 97%.

More: GM's Cruise recalls nearly 1,200 robotaxis to close US investigation. Cruise stopped all operations last fall after an incident in October in San Francisco, where the company is headquartered.

GM is indefinitely suspending production of the Cruise Origin as it focuses more attention on the Chevrolet EV Bolt. The self-driving cars were allowed back on the road this spring.