History of Cruise
Cruise, founded in 2013, is an autonomous vehicle technology company based in San Francisco. Initially, it started as a startup focused on developing self-driving technology for vehicles. The company quickly gained attention when General Motors (GM) acquired it in 2016 for a reported $1 billion. This acquisition allowed Cruise to leverage GM’s resources and infrastructure to accelerate the development of autonomous vehicles, positioning it as a key player in the growing field of self-driving technology.
In the years following the acquisition, Cruise expanded its operations and focused on building fully autonomous electric vehicles. In 2020, it launched its Cruise Origin, a purpose-built, driverless vehicle designed to revolutionize urban transportation. The company has also made significant strides in testing and piloting its autonomous vehicles in various U.S. cities. Its goal is to provide safe, efficient, and environmentally friendly transportation solutions while making ridesharing more accessible and reducing traffic congestion.
Cruise has continued to push forward with its vision of autonomous driving, securing partnerships with major tech firms, such as Microsoft, and reaching milestones in regulatory approval and safety testing. In 2022, Cruise began offering paid robotaxi services in select areas of San Francisco, marking a significant step toward commercializing its technology. With ongoing advancements, Cruise aims to shape the future of mobility with autonomous and sustainable solutions.