Date
20 September 2019
Cruise, valued at US$14.6 billion, aims to launch a "robotaxi" service by the end of 2019. Photo: Reuters
Cruise, valued at US$14.6 billion, aims to launch a "robotaxi" service by the end of 2019. Photo: Reuters

GM self-driving unit Cruise to hire 1,000 more people

General Motors said its self-driving car subsidiary, Cruise, plans to hire 1,000 more people over the next nine months, as the No. 1 US carmaker aims to launch a “robotaxi” service by the end of 2019, Reuters reports.

“We have plans to double in size by the end of this year,” Cruise spokesman Ray Wert told the news agency.

Wert said the majority of those hired will be engineers but didn’t give a specific number. The company currently employs more than 1,000 people.

The unit’s human resources division will be led by file-sharing and storage company Dropbox Inc.’s Arden Hoffman, technology news website TechCrunch reported on Monday.

Cruise, valued at about US$14.6 billion, also plans to triple its office space in San Francisco.

Meanwhile, Alphabet Inc.’s self-driving car division, Waymo, has been seeking financing from outside investors such as European automakers Volkswagen AG, The Information reported on Monday, citing a person with direct knowledge of the situation.

Aside from Volkswagen, other potential investors could include automakers that now make cars for Waymo – Fiat Chrysler and Jaguar, the technology website reported.

Alphabet could not be immediately reached for comment on the report.

Reuters reported last month that Volkswagen and Ford Motor Co. have also been in discussions over how much the German automaker will invest in the No. 2 US automaker’s self-driving vehicle unit.

– Contact us at [email protected]

CG