GM reports battery problems but self driving Cruise doing well

“Jacobson pointed to its majority-owned Cruise automated vehicle operation as a bright spot, as the unit enters a “big phase of operational expansion,” with more than 400 vehicles on the road.”

“Cruise has “largely solved all the technology challenges,” Jacobson said, and is still targeting $1 billion in revenue in 2025 and growing margins as costs continue to come down.”

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