GM-Backed Cruise Acquires Self-Driving Start-Up Voyage
General Motors (NYSE: GM) has committed to $27 billion in electric-vehicle (EV) investments through 2025 as it plans to launch 30 new EVs worldwide by the end of that year. But prior to that pledge, the company had been grooming its Cruise subsidiary, which is dedicated to self-driving technology.
Today, GM's Cruise announced it is buying Voyage, a self-driving start-up initially focused on using the technology for senior citizens in retirement communities. Cruise is developing autonomous vehicles, including the bus-like Origin, to remove drivers and increase safety in city driving.
Source Fool.com
