{"id":3294,"date":"2023-10-19T16:55:34","date_gmt":"2023-10-19T16:55:34","guid":{"rendered":"https:\/\/infundpros.com\/markets\/stocks\/nhtsa-probes-gms-self-driving-unit-for-pedestrian-risk\/"},"modified":"2023-10-19T16:55:34","modified_gmt":"2023-10-19T16:55:34","slug":"nhtsa-probes-gms-self-driving-unit-for-pedestrian-risk","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=3294","title":{"rendered":"NHTSA probes GM\u2019s self-driving unit for pedestrian risk"},"content":{"rendered":"
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\u00a9 Reuters. NHTSA probes GM\u2019s self-driving unit for pedestrian risk<\/span>
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On Tuesday, U.S. auto safety regulators initiated an investigation to determine whether General Motors’ (NYSE:) self-driving division, Cruise, is adequately prioritizing safety measures for its autonomous robotaxis to protect pedestrians.<\/p>\n

The National Highway Traffic Safety Administration (NHTSA) disclosed that it has received two reports from Cruise concerning incidents in which pedestrians were harmed.<\/p>\n

Additionally, the NHTSA has identified two additional incidents through videos that were publicly shared on websites.<\/p>\n

NHTSA said the incidents reported include Cruise autonomous vehicles “encroaching on pedestrians present in or entering roadways, including pedestrian crosswalks, in the proximity of the intended path of the vehicles.”<\/p>\n

The agency’s preliminary evaluation encompasses approximately 594 vehicles and serves as the initial stage before the agency pursues a mandatory recall.<\/p>\n

“This could increase the risk of a collision with a pedestrian, which may result in severe injury or death,” the agency added.<\/p>\n

The investigation follows a recent incident in San Francisco, just over two weeks ago, where a pedestrian was initially struck by a hit-and-run driver, subsequently thrown into an adjacent lane, and then hit a second time by a Cruise robotaxi, which was unable to halt in time.<\/p>\n

Authorities at the U.S. and California levels have confirmed ongoing discussions with Cruise concerning this particular event.<\/p>\n

GM is allocating close to $2 billion annually for Cruise, emphasizing that the venture holds significant potential for growth. GM CEO Mary Barra reaffirmed in June that Cruise has the potential to generate $50B in yearly revenue by 2030.<\/p>\n

A representative for Cruise mentioned that the company maintains regular communication with NHTSA and has consistently complied with all information requests made by the agency.<\/p>\n

Shares of GM are up 0.89% in afternoon trading on Tuesday.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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