AV investment has declined almost 60 percent year over year.
is to get as many buyers into cars as possible right now, then gamble the company’s future on self-driving subscription revenue later on.
GM also didn’t take 2022 as a lesson to slow down. Besides the Cruise Bolts zooming around Austin with nobody inside, it’s ramping up the deployment of its purpose-built Origin robotaxi shuttles there, too, and. On the consumer side, the next big thing will be the Ultra Cruise ADAS system, which also offers hands-off driving so long as the human pilot is paying attention.
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