The company said it would no longer fund the venture and will prioritize Super Cruise, its driver assistance program

General Motors announced on Tuesday it will end robotaxi development at its money-losing Cruise business, a blow to the ambitions of the largest US automaker to advance the technology.

GM said it would no longer fund work on self-driving robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market”.