General Motors and the SoftBank Vision Fund have partnered to invest in GM Cruise to bring self-driving vehicles to the market by next year.
May 31, 2018—General Motors (GM) and the SoftBank Vision Fund have teamed up to invest in GM Cruise, reported The Detroit Free Press.
SoftBank is a large technology investment company with stakes in such companies as Uber, according to the report. It will invest $2.25 billion in GM Cruise holdings and GM will invest $1.1 billion in GM Cruise, its self-driving arm.
The investments are expected to provide the necessary capital to reach commercialization of autonomous vehicles "at scale" beginning in 2019.
Our dedicated Valvoline Trusted Advisor Sales and Support Team provides hands-on classroom and targeted in-store coaching to help your employees become more skilled at selling...
Reinvigorate your team and business success behind Valvoline's proven strategy that helps separate your business from competitors and create meaningful growth in sales and customer...
