SoftBank to invest $2.25B in GM Cruise; GM to add $1.1B; driving large-scale AV deployment
Green Car Congress
MAY 31, 2018
We are very impressed by the advances made by the Cruise and GM teams, and are thrilled to help them lead a historic transformation of the automobile industry. equity stake in GM Cruise and will afford GM increased flexibility with respect to capital allocation. The SoftBank Vision Fund investment will be made in two tranches.
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