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Benzinga
Benzinga
Technology
Anusuya Lahiri

GM Backed Cruise Is Giving Google, Tesla A Run For Their Money

Cruise GM Google Nasdaq NYSE Alphabet Inc General Motors Company Kyle Vogt Waymo

General Motors Company (NYSE:GM) backed Cruise offered tough competition to Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google in the race to secure the first robotaxi permit for San Francisco, the Financial Times reports.

Cruise beat Google by offering free rides in its fully autonomous vehicles in February. Cruise also bagged approval for monetizing the rides in early June.

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