General Motors said on Tuesday that it will restructure its autonomous driving subsidiary, Cruise, so that it focuses on making cars to sell to individuals, rather than developing a robotaxi business.
The Detroit carmaker said the move would lower spending by $1bn annually, compared to trying to engineer, build, maintain and operate a fleet of automated taxis. Cruise’s initial model, the Origin, was designed for ride-sharing and has no pedals or steering wheel.
Cruise’s future has been uncertain since GM suspended work on the Origin in July. In October 2023, California regulators banned the vehicle from city streets following a crash.
GM said it expects to complete the restructuring by the middle of 2025.
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