GM Cruise and Lidar Robotaxi’s Business Model Is Go Through $100 Billion in Losses to Try to Reach Profitable Scale

GM’s Cruise robotaxi service has expanded from 70 to 300 robotaxis operating in San Francisco and will soon expand to Phoenix, Los Angeles, Austin and Dubai. GM Cruise had increasing losses of $561 million in the first quarter of 2023. This will be over $2 billion in losses in 2023. GM Cruise will having increasing …

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Cruise and Waymo Robotaxi Expansion Plans Despite Many Recorded Problems

Cruise is expanding its self-driving car operation to Los Angeles. CNBC reports Cruise has 400 robotaxi’s and most are in San Francisco. There are over 2000 robotaxi vehicles in California. Cruise is increasing autonomous rides by 49% per month and are doing more than 10,000 rides per week. Cruise CEO said they were operating tens …

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Winners in Robotaxi Tech Can 100X? Who Wins? By How Much?

I have looked at all of the dozens of self-driving car companies. I looked at many of the 80 LIDAR (laser radar) companies. I cut through all of the noise, complexity and confusion. Robotaxis will change the world and are a multi-trillion opportunity. Companies have spent over a hundred billion dollars already and even more …

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Stringent Tesla FSD Tester Says FSD 10.69.1.1 Feels Ready $TSLA

Chuck Cook performs some of the most stringent testing of Tesla’s Full Self Driving software. He has performed many tests on unprotected left turns and roundabouts. Based upon his latest batch of tests for version FSD 10.69.1.1 he feels FSD feels ready for wide release. He says it is still early to jump up and …

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Baidu Pushing to Expand Robotaxi to 30 Chinese cities by 2023-2024

Baidu plans to expand its robotaxi ride-hailing services across 30 cities in China in two to three years to serve a wider range of users. Robin Li, founder of Baidu, said at the 2021 ABC Summit. Currently, there are about 500 test vehicles in the Baidu Apollo self driving program and they are the first …

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