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Benzinga
Benzinga
World
Rachit Vats

GM To Spend $2B On Self-Driving Startup Cruise This Year, Just A Permit Away From Charging Customers

General Motors Co (NYSE: GM) CFO Paul Jacobson said on Tuesday the company will spend about $2 billion on its self-driving taxi fleet Cruise this year.

What Happened: The legacy automaker said it is just a permit away from being able to begin charging for rides.

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