by Randall McAdory | Jun 27, 2020 | Amazon, Autonomous Vehicles, Ford, General Motors, Rivian, Tesla, Waymo
Recently I wrote that TaaS development seemed to be a three-horse race between GM, Tesla, and Waymo. Now it seems Amazon also has entered the autonomous vehicle race, if not for TaaS business reasons, then surely for reducing one of the company’s largest expenses: its...
by Randall McAdory | Jun 25, 2020 | Autonomous Vehicles, Geely, General Motors, GM Cruise Automation, TaaS, Tesla, Volkswagen, Volvo, Waymo
In January, GM announced its Cruise Origin as a vehicle that’s designed to be shared, autonomous and electric. Origin is the General Motors vehicle to be used primarily in transportation-as-a-service business solutions. Not to be left behind, today, Waymo and...
by Randall McAdory | Jun 19, 2020 | Autonomous Vehicles, Electric Vehicles, Software
Elon Musk has been quoted that he doesn’t believe traditional automakers will beat Tesla in the development of autonomous electric vehicles because the solution is mostly a software problem. He believes traditional auto is not very good at software. In a recent Clean...
by Randall McAdory | May 14, 2020 | Autonomous Vehicles, Electric Vehicles, GM Cruise Automation
GM’s Cruise autonomous driving subsidiary announced yesterday it’s laying off 8 percent of it’s full-time employees. During this time of COVID-19, many analysts believe companies like GM cannot continue to invest in both electric vehicle development and autonomous...
by Randall McAdory | May 13, 2020 | Autonomous Vehicles, General Motors, GM Cruise Automation, Tesla
The title of this post was motivated by a financial piece about GM in Seeking Alpha written by Aaron Butler. In the article, Butler describes GM as “the fastest horse in the auto race.” In addition to GM’s financial performance versus competitors...
