FILE PHOTO: General Motors' Cruise unveils wheelchair-accessible robotaxi at an event in San Francisco, California, U.S., September 14, 2023. REUTERS/Abhirup Roy/File Photo
SAN FRANCISCO (Reuters) - General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it.
Autonomous vehicle (AV) developers are hoping for more favorable regulation under President-elect Donald Trump to remove hurdles to getting the cars on the road.
