Tag Archives: Cruise Control AVs

SoftBank Vision Fund to Invest $2.25 B in GM Cruise

The SoftBank Vision Fund investment will be made in two phases. At the closing of the transaction, the Vision Fund will invest the first tranche of $900 million. At the time that Cruise AVs are ready for commercial deployment, the Vision Fund will complete the second tranche of $1.35 billion. Continue reading

Posted in autonomous vehicles, engineering, fuel economy or emissions, milestones, news analysis | Tagged , , , , , , , , , | Leave a comment