GM and Honda are joining forces on self-driving cars, with a $750-million Honda investment making GM Cruise worth $14.6 billion

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

GM will join with Honda to develop a 'purpose-built autonomous vehicle' for Cruise, GM's self-driving division. Honda will invest $2 billion over 12 years, with an additional $750 million invested in Cruise. Honda's equity investment raises Cruise's valuation to $14.6 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Honda needs to follow up self-driving technology closely!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines