General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest U.S. automaker which had made the advanced technology unit a top priority.
The Detroit-based car company said it would no longer fund work on self-driving robotaxis "given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market."
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