Cruise and General Motors Co. (NYSE: GM) announced today that they have joined forces with Honda to pursue the shared goal of transforming mobility through the large-scale deployment of autonomous vehicle technology.
General Motors released a teaser image showing the front of a possible purpose-built Cruise autonomous vehicle along with the announcement of Honda’s investment. To date, Cruise vehicles have been conversions of existing vehicles.
Honda will contribute approximately $2 billion over 12 years to these initiatives, which, together with a $750 million equity investment in Cruise, brings its total commitment to the project to $2.75 billion.
Honda will work
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