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GM gets USD 2.25 bln cash injection for driverless unit, Waymo orders 62,000 more Chryslers
2018-06-01 12:53:00| Telecompaper Headlines
(Telecompaper) General Motors (GM) has announced a USD 2.25 billion investment from the SoftBank Vision Fund into its self-driving unit GM Cruise. The unit is planning to launch driverless fleet next year. The deal is subject to regulatory approval.Meanwhile, Waymo is planning to buy 62,000 more Fiat Chrysler (FCA) cars for its driverless robotaxi service, with delivery expected late this year.
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