Advertisement
UK markets close in 3 hours 5 minutes
  • FTSE 100

    8,103.18
    +62.80 (+0.78%)
     
  • FTSE 250

    19,741.99
    +22.62 (+0.11%)
     
  • AIM

    755.71
    +1.02 (+0.14%)
     
  • GBP/EUR

    1.1666
    +0.0022 (+0.19%)
     
  • GBP/USD

    1.2501
    +0.0039 (+0.31%)
     
  • Bitcoin GBP

    51,171.29
    -2,114.07 (-3.97%)
     
  • CMC Crypto 200

    1,357.89
    -24.69 (-1.79%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    83.22
    +0.41 (+0.50%)
     
  • GOLD FUTURES

    2,338.10
    -0.30 (-0.01%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    18,003.62
    -85.08 (-0.47%)
     
  • CAC 40

    8,024.77
    -67.09 (-0.83%)
     

GM's Cruise to operate all-electric driverless cars in Dubai

NEW YORK (AP) — Dubai said Monday that U.S. self-driving car company Cruise will become the first to operate autonomous taxis and ride-hailing services in the United Arab Emirates city of more than three million people.

It is the first venture outside of the U.S. for General Motors-owned Cruise, which has been operating electric vehicles in San Francisco for years, although it just recently began testing without the safety of a backup driver in the car. Cruise plans to begin offering a fully autonomous ride-hailing service there but it has not said when that will begin.

The partnership, Dubai officials said, aims to reduce traffic accidents, cut pollution and save money while converting 25% of all trips in the city to driverless transport by 2030.

As part of the agreement, Cruise will establish a Dubai-based company that will be responsible for the fleet of roomy vehicles, which have four passenger seats and no visible driver's seat or controls.

ADVERTISEMENT

Dubai's roads and transport chief, Mattar Mohammed Al Tayer, said the process for selecting Cruise as the city's self-driving car partner took several years and was based at least partly on the company's relationship with “auto manufacturing giants.” The fleet is expected to start operating in 2023 in limited numbers, before scaling up to as many as 4,000 vehicles by 2030, Al Tayer said.

GM bought Cruise in 2016.