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General Motors pulls plug on robotaxi business
The car making giant says it will refocus on self-driving technology for personal vehicles.
In October, Tesla boss Elon Musk unveiled the electric car giant's long-awaited robotaxi, the Cybercab, at the Warner Bros Studios in Burbank, California. The Detroit-based manufacturer's chief executive Mary Barra has previously predicted that the Cruise business could generate $50bn (£39bn) in annual revenue by 2030. As well as Tesla, competitors to create self-driving cabs include Waymo, a subsidiary of Google's parent company Alphabet - and technology giant Amazon.
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