The suspension is a significant setback for General Motors, which had high expectations for Cruise and anticipated it would generate $1 billion in annual revenue by 2025. The National Highway Traffic Safety Administration has opened an inquiry into Cruise following allegations of accidents involving its autonomous cars. Cruise's permits for operating autonomous cars in San Francisco were revoked after the California Department of Motor Vehicles accused them of giving false impressions about the safety of their self-driving cars.
Key takeaways:
- General Motors' self-driving vehicle division, Cruise, has suspended its driverless operations nationwide following the revocation of its license by California authorities over safety concerns.
- The suspension does not affect operations under human supervision and is not related to recent road accidents. The decision was made to review procedures, instruments, and systems to regain public confidence.
- The National Highway Traffic Safety Administration has opened an investigation into Cruise following allegations of accidents involving its autonomous vehicles, including incidents of pedestrian injuries.
- The suspension is a significant setback for General Motors, which had projected Cruise to generate $1 billion in annual revenue by 2025. The company has been expanding its robotaxi service in several locations, including Austin, Phoenix, and Los Angeles.