Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • Bitcoin USD

    62,530.14
    -1,440.48 (-2.25%)
     

  • CMC Crypto 200

    1,316.81
    -79.73 (-5.71%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • Dow

    38,239.66
    +153.86 (+0.40%)
     

  • Nasdaq

    15,927.90
    +316.14 (+2.03%)
     

  • Gold

    2,349.60
    +7.10 (+0.30%)
     

  • Crude Oil

    83.66
    +0.09 (+0.11%)
     

  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

GM's Cruise starts charging fares for driverless rides in San Francisco

Reuters
·1-min read
FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco

(Reuters) - General Motors Co's Cruise has started charging fares for driverless rides in San Francisco, the company said on Thursday, a step towards commercialization of the service.

Cruise earlier this month became the first company to secure a permit to charge for self-driving car rides in the U.S. city, after it overcame objections by local officials.

Self-driving test cars with human safety drivers have become a constant sight in San Francisco, and completely driverless ones are increasingly common too. Turning them into a fledgling business in a major U.S. city marks a milestone in the long, delayed journey toward driverless taxi service.

The fared driverless rides are currently taking place in the northwest third of the city, the self-driving tech firm said on Thursday, adding that it would expand the service.

(Reporting by Tiyashi Datta in Bengaluru; Editing by Sriraj Kalluvila)