Cruise Expands Robotaxi Service In Additional Cities In Record Time, CEO Says - General Motors (NYSE:GM)

General Motors Co GM owned robotaxi unit tweeted completing its first paid rides for members of the public in Phoenix and Austin.
Cruise shared that it accomplished its target to enter two new markets before the end of 2022.
Cruise, until now, only operated its ride-hailing service in San Francisco.
Also Read: Uber And Motional Tap Las Vegas For Their Collaborative Robotaxi Debut
Cruise CEO Kyle Vogt expected to expand faster in the new cities due to its San Francisco experience.
Those members of the public will be "friends and family" of Cruise employees, who are the only ones to have access to the company's ride-hail service to start, TechCrunch reports.
In Austin, Cruise will initially offer driverless rides in downtown and central Austin, Wednesday to Sunday, from 10 p.m. to 5:30 a.m.
Cruise's robotaxi service in Arizona will initially start in Chandler, southeast of Phoenix. Those rides are available Monday to Friday from 7 p.m. to 2 a.m.
Cruise also ran a delivery service across the Phoenix area.
Waymo has been running a commercial robotaxi service in Chandler since 2018.
Vogt was excited to share how it took years to launch in San Francisco but only weeks to expand into new territory.
In December, the National Highway Traffic Safety Administration (NHTSA) launched a formal safety probe into the Cruise-made autonomous driving system in vehicles.
The auto safety regulator received notices of incidents of self-driving Cruise vehicles engaging in inappropriately hard braking or becoming immobilized.
The regulator's preliminary evaluation covered 242 Cruise autonomous vehicles and is the first step before it could seek a recall.
Price Action: GM shares traded higher by 1.14% at $35.60 on the last check Wednesday.

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