New York CNN —General Motors is pulling the plug on its efforts to develop a fleet of driverless taxis and will focus on driver-assistance features that require a driver to be ready to take control of the car, the company said Tuesday.
GM faces competition in the robotaxi market from Google’s Waymo unit in partnership with Uber, let alone ride-hailing and taxi services that use human drivers.
But GM has decided that’s no longer a sector in which it makes sense to compete.
GM CEO Mary Barra told investors Tuesday that the company decided the robotaxi service was not part of GM’s core business, and that shifting its self-driving technology efforts to driver assist features available on privately-owned cars will help with the products it offers to car buyers.
“GM is committed to delivering the best driving experiences to our customers in a disciplined and capital efficient manner,” said Barra in a statement.
Persons:
“, Uber, Tesla, Mary Barra, ”, “ We’re, Dave Richardson
Organizations:
New, New York CNN —, Motors, GM
Locations:
New York, Barra