The milestone Cruise hit resulted in a $1.35 billion investment from Softbank, which invested $900 million in the company.
Self-driving car company Cruise, backed by General Motors, is opening a driverless taxi service in San Francisco, California, to the public. The company is asking interested people to sign up for a free driverless ride and experience what it’s like to drive in a self-driving car.
The company is currently starting with a small group of users and will expand the base as it will offer more vehicles.
Each car has a unique nickname like “Tostada”, “Disco” and “Sourdough”. These vehicles were tested by GM employees for several weeks. Recently, GM CEO Mary Barra also took a driverless Cruise for the first time and shared a positive response.
A YouTube video of Barra riding in ‘Disco’ was posted on YouTube by Cruise. She says riding in a driverless car is one of the bright spots in her career. “I feel like we’re making history,” Barra told Vogt, according to the video.
The milestone Cruise hit resulted in a $1.35 billion investment from Softbank, which invested $900 million in the company, Interim Cruise CEO Kyle Vogt shared in a post. on the blog. He added that the additional capital will allow the company to grow its workforce and scale its drone technology in San Francisco and other cities.
Cruise claims that it is the only self-driving car company to date authorized to offer rides to the public in driverless cars. The blog post also states that it is the only company that has applied for a license to charge for rides, although that has yet to be approved. However, it remains unclear when they are expected to be fully operational and start charging for rides.
(with input from AP)
Date of first publication: February 2, 2022, 09:54 AM IST