Cruise Resumes Driving In Houston, Starting With Human-Driven Vehicles And Transitioning To Supervised Autonomous Driving With Safety Drivers In Coming Weeks
Portfolio Pulse from Benzinga Newsdesk
Cruise has resumed operations in Houston, starting with human-driven vehicles and planning to transition to supervised autonomous driving with safety drivers in the coming weeks.
June 11, 2024 | 3:57 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cruise, a subsidiary of General Motors, has resumed operations in Houston. The company is starting with human-driven vehicles and will transition to supervised autonomous driving with safety drivers in the coming weeks.
The resumption of operations by Cruise in Houston indicates progress in GM's autonomous vehicle initiatives. This could positively impact GM's stock price in the short term as it demonstrates advancements in technology and potential future revenue streams.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80